PodcastsThe Property Couch467 | Back To The Future: Are Our 2015 Investing Strategies Still Relevant Today?
467 | Back To The Future: Are Our 2015 Investing Strategies Still Relevant Today?
The Property CouchWed Nov 08 2023
Asset selection:
- Emphasizes the importance of selecting high-quality assets, especially during a depressed market, as it presents an opportunity for counter-cyclical buying.
- Discusses the significance of proximity to major cities and satellite cities, highlighting the impact on long-term growth and wealth creation.
Borrowing power:
- Highlights the need for individuals to understand their borrowing power and how it can influence their property investment strategy.
- Stresses the importance of considering interest rates when assessing borrowing power, especially in relation to long-term financial commitments.
Cash flow management:
- Focuses on cash flow management as a fundamental pillar of property investment mastery, emphasizing its role in sustaining investments and ensuring financial stability.
- Discusses the evolution from focusing solely on debt servicing debt to prioritizing surplus income allocation towards property investments.
Defense:
- Explores the concept of defense within property investment strategies, particularly regarding protecting personal income through insurance products such as income protection and life insurance.
- Recognizes the importance of safeguarding individual earnings to mitigate potential risks associated with property investment.
Property investment strategies 2015:
- The speakers reflect on property investment strategies and theories from 2015 to assess their relevance today.
- They emphasize the importance of conservative, low-risk approaches as a bedrock for success in property investing.
- The advisory firm's principles involve turning away prospective clients seeking high-risk ventures not aligned with their approach.
Importance money management:
- The speakers stress the significance of effective money management for long-term financial security.
- They highlight the mindset shift needed to transition from worrying about money to achieving financial freedom through disciplined habits.
- Common misconceptions around personal money management are addressed, emphasizing the necessity of trade-offs for wealth creation.
Insights property investor survey:
- The survey results reveal that most property investors prioritize self-funding retirement without reliance on government support.
- Other priorities include providing a better financial life for family, adding to retirement nest egg, and retiring earlier with options to work less.
- Few respondents cited building a financial legacy or aiming to become rich, highlighting altruistic motivations among experienced investors.
Evolution podcast production:
- The podcast hosts reflect on the evolution of their production process, acknowledging improvements in editing and content delivery methods.
- They express appreciation for technological advancements enabling more efficient production and distribution of podcast episodes.