X

493 | $160K Dilemma: Should I Walk Away From Paper Profits?

 

Emma’s partner has a $160K dilemma: He’s been offered a refund on an Off-The-Plan apartment that’s been delayed for two years. Should he take the refund or ride it out for a potentially higher sell price? 🤔 

Kieran faces the decision of investing in smaller units versus two individual homes. Which is the better investment decision for him, and how can he align it with his goal of helping others? 🌍   

And in Simone’s Retirement Plan: How does this single mum and schoolteacher with 5 properties reach a target of $2,000 per week for retirement? How does this stack up in today’s economy? 📈 

Folks, this is a massive Q&A Day where we link age-old questions in today’s nuanced context.  

From diving into the psychology of Loss Aversion to understanding why “C” is the hardest to achieve in our “ABCD” foundational principles, you’ll want to save this episode for future reference.  

Listen now folks! 😊  

 

P.S. Stay tuned till the end to discover how to type…without typing!?  

   

Free Stuff Mentioned

 

Timestamps

  • 0:00 – $160K Dilemma: Should I Walk Away From Paper Profits? 
  • 1:49 – Interest rates, budget release & TPC survey winners  
  • 8:01 – New Tracking Tools in Moorr! 
  • 16:34 – Mindset Minute: Just focus your eyes on the captain…” 
  • 23:38 – Q1) Get Deposit back or Wait for Growth 
  • 27:26 – Learning Experience or Loss Aversion? 😱 
  • 28:02 – How to Avoid Loss Aversion: Step-by-Step  
  • 32:55 – “A bird in hand vs two in the bush” 
  • 36:31 – Why Off-The-Plan means YOU are taking all the risk  
  • 37:12 – This refund is a red flag 🚩 
  • 43:14 – Q2) Small Complex vs 2 Individual Properties 
  • 45:00 – When passive investing stops being passive  
  • 47:37 – To help others, you need to be in THIS position 
  • 49:52 – Why houses over units? 🏘️ 
  • 53:53 – Q3) Archive Question: $2k per week in 20 years’ time 
  • 56:41 – How we calculate the $2,000 a week in retirement  
  • 57:31 – The Power of Compounding, Offset Accounts and Qs to ask 
  • 1:00:07 – Why “C” is the hardest to achieve in our ABCD foundational principles 💰 
  • 1:05:09 – Thank you to all our Question-Askers!  

And… 

  • 1:05:45 – Lifehack: How to type…without typing?! 📱 
  • 1:07:20 – WMPN:  The State of the Housing System 

Instagram

Free Resources

What to be notified when there are
new updates & free resources?

  • This field is for validation purposes and should be left unchanged.

×

MONEY SMARTS SYSTEM

Plus We Will Also Notify You When We Release New Episodes

We Only Send You Awesome Stuff

×

SUGGEST A GUEST!

We Only Send You Awesome Stuff

×