Feb 19, 2018
2018 is going to be a boom year.
But before you get to concerned
about “what I’m on” to make a statement like that, listen on as I
share my perspective and why I think this going to be
In my mindset moment, I’m going
to talk about some interesting perspectives.
Then I have a chat with my good
friend Tom Corley about the rich habits that you must teach your
children. Even if you are not a parent, these are still very
Once a year, I do a series of
1 day trainings around Australia to educate attendees.
I will be joined by Dr. Andrew Wilson and Ken Raiss at the
National Property & Economic Market
Update. Use the
promotion code “podcast” to join me as my guest.
2018 is going to be a boom year:
prediction is that 2018 is going to be a boom year for
media is at it again and there is no shortage of scary
you look back every year has been predicted to be a boom year for
have invested during property slowdowns, high interest rates, and
times when prices were thought to never go up again.
- Despite all of this, the value of my properties
keeps doubling allowing me to refinance and buy even more
is always bad news and scary headlines in the media.
could have given me plenty of reasons not to invest in
- To be
a successful property investor, you need to step back and not be
scared by every doom and gloom rumour and report.
- People are still living their lives, getting
married, having babies moving house etc and a lot of people are
still experiencing strong population growth and all these people
have to live somewhere.
fundamentals are sound when taking a long-term
are opportunities out there with less competition than last
are now entering a buyers’ market. Smart investors buy in a buyers’
is a great time to educate yourself and take advantage of
Mindset Message: It’s all a matter of
want to put things into perspective. What are your most important
priorities? What are you going to focus on and what are you going
if you only had 15, 10, or 5 years to live? How much time would you
spend obsessing about investments and property rates?
if you only had 1 year, 1 month, 5 days, or 24 hours to live what
would you spend your time on?
that you have perspective, what are you going to do with the time
that you have?
Rich habits you must teach your children:
your child be rich or poor? Are you, as their mentor, teaching them
rich or poverty habits.
- Science shows that by the age of nine we have
learned most of our habits.
habits come from our parents. We mirror our parents thinking,
habits, and emotions.
- Emulating bad habits can force you into a
situation where you are eeking out a living.
beauty of rich habits is that you only need one or two of them to
transform your life. Habits like reading and exercising will change
you don’t accept responsibility for your life, you won’t even be
aware of the issues that are causing you struggles.
you are aware and take responsibility you can make the changes in
- Parents are responsible for most of the poverty
in the world by not teaching their kids success habits.
is part of the reason why the rich get richer. It’s not too late.
People can change and become success oriented.
can change your habits anytime all throughout your life no matter
what your age.
Links and resources:
“If you look back, every year is
a boom year for fright. As far back as I can remember, there have
always been scary stories from the media.” Michael Yardney
“What you look for is what you
see. If you look for bad news, you are going to find it. If you
look for opportunity, you will find opportunity.” Michael
“It is so important to be
responsible for your life rather than being a victim.”
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