2010: What’s ahead?
2009 was an extraordinary year. Australia, luckily, was one of the few developed nations to avoid a recession as a result of the Global Financial Crisis (GFC). Will 2010 be as taxing on our nerves?
No matter how bad it may have been here, the GFC was significantly more severe in the US, UK and Europe. Certainly, some of our international counterparts continue to suffer weakness in their economies and very high unemployment.
However, it looks like the worst is now behind us, with most economists predicting growth (albeit not strong growth) and falling unemployment during 2010.
For Australia in particular, the future looks …Read More
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Are You Wasting Money on Insurance?
It’s the middle of the night and you’re jolted awake by extreme pain in your chest. You feel like the life is being crushed out of you … you immediately realise you’re having a heart attack. Your partner frantically phones 000 and as you lay clutching your chest waiting for the ambulance to arrive, all you can think about is how your family will be supported if you die.
The pain intensifies.
Hopefully this will never happen to you, but what if it did? Take a moment to think about how your family’s living expenses would be met if your income stopped tomorrow.
The average Australian household spends up to one-third of its gross income on mortgage repayments. Most of us would rely …Read More
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Christmas Plum Pudding Recipe
Make sure that you have the right recipe when it comes to your Christmas Finance!
Ingredients
Good dash of savings or cash, combined with a sprinkling of credit card – not too much or you will ruin the flavour of the Christmas cheer!
Keep within your budget, remember it’s about the thought not the size or value of your gift.
If you feel you can’t stick to this recipe, give Mcorp Money a call and we’ll see what Santa can do for you to make your Christmas more enjoyable to ensure you are left with a great taste in your mouth and not the ugly sour taste of debt.
Now, if you have been good, try the following recipe and enjoy! …Read More
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Why pay bond, how much is it and where is it held?
Tenants are required to pay bond as a security deposit.
If tenants fail to keep the premises clean, cause damage to the property, or don’t pay rent, the Landlord or Agent can claim some or all of the bond at the end of the tenancy. …Read More
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The incentive to succeed
It’s not what you earn but what you do with it that matters.
Many of Australia’s wealthiest people started out with nothing more than a will to succeed. Despite humble beginnings they used their limited financial resources to great effect and built empires. Yet there are many people on high salaries that have little to show for it after a lifetime of work. …Read More
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Market Gone Mad
The market is still very unpredictable, 25 weeks straight in the 80%+ clearance rate which this week being 79%. With interest rates going slightly up and the grant finishing up on 6th December 2009 it will be a volcano with prices to rocket in the next 3-4 weeks. …Read More
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Why not become an owner instead of a renter?
Did you know that you can currently still receive the Government’s help in being handed some cash in your hot little hands to put towards your own little piece of bricks and mortar.
Not only are the Government still being reasonably generous with these handouts, but there’s more (just like the steak knives!) however, this will sort of end around the 31st of December 2009 so you have to be quick. …Read More
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7 Major Rules of Investing
Investing successfully whether via Property, Shares or any other medium requires patience, clear goals, a long-term view and sound financial advice.
When markets are volatile, it can be easy to forget the basics and make hasty decisions you may regret later.
Therefore it is important to remember the basic rules of investing listed below: …Read More
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6 Tips to creating a stash of cash to put towards your own deposit…
I recently caught up with a mate who had been travelling the world and cruising through his 20’s. Whilst he’d had a pretty good time he knew deep down inside he needed to be setting up his financial future but couldn’t see how he could get started and get a deposit together.
Here’s the tips that I shared with him …Read More
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15 snippets of wisdom from the Wolf of Wall Street
“Stock Market Multimillionaire at 26, Federal Convict at 36, I partied like a rock star, lived like a king, and barely survived my rise and fall as an American Entrepreneurial Icon.” - Jordan Belfort
For those that have read his best selling books, or have heard his incredible story, know he has lead a life engulfed with the absolute extremes of the good, the bad and the ugly. What a treat we have in store for you, when on the 12th and 13th of September, we have managed to secure Jordan for a two days in Sydney, one off Stock Market Event, he will be sharing his journey for over 7 hours of talk time, spread over the two days - FREE to mCorp clients and friends. Register here.
In the 1990s, Jordan Belfort built one of the most dynamic and successful sales-organisations in Wall Street history. To this day, his proprietary sales-training techniques and daily motivational speeches are the ’stuff of legend’ - his testimonials confirm he is a ‘motivator without peer’, who can take virtually any individual, regardless of age, race, sex, educational background or social status, and empower them to attain goals they never dreamed themselves capable of.
Over the last twenty years, Belfort has soared to the highest financial heights, earning over $50 million a year as the notorious Wolf of Wall Street …Read More
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