Clear, practical steps to build wealth, protect it and get your freedom back sooner than you think.
I remember when I almost bought my first rental property, back in around 2009. This was just after the credit crunch of 2008 which rocked the global financial markets. As a result of this, fear rippled through the world. Banks were bailed out by governments and they became more reticent to lend money.
Continue reading “The 3 Biggest Fears That Stop People Investing in Property”
In part three in my mini-series on the risks to your property investments, I look at the unlikely event that there is a financial currency collapse. In the previous posts I looked at, what powers the lender has to repossess and then what powers local and national government have to control your asset.
Continue reading “Property Investing in a Currency Collapse: What You Need to Know”
One of the fears of Buy-to-let investors is that they could lose their investment. For instance, could there be a mortgage repossession or confiscation by a government body? Both scenarios would be extremely rare. Here I highlight some unlikely circumstances where a mortgage company would either call in a loan or repossess a property.
Continue reading “Mortgage Repossession Myths: What Landlords Need to Know”
The single biggest determinant of your wealth is your income. An increase in income will hide a multitude of sins. The easiest and quickest way to increase your income is getting a pay rise.
Continue reading “How to Ask for a Pay Rise — And Actually Get It”
“But as to myself, my guiding-star always is, ‘Get hold of portable property.” Wemmick, Great Expectations.
During times of economic uncertainty, when the stock market is extremely volatile, there is usually a flight to investing in gold. This is an age-old investment strategy, to protect one’s wealth. As we know, cash becomes eroded over time in real value because of inflation and even if you could find a savings account that gives you a great interest rate, this would still mean that that money is devalued. Goods worth £100 in Spring 2020 would now cost you £126 (June 2025).
Continue reading “Portable Property”
After the recent global market turbulence and financial uncertainty, should you sell or hold your property portfolio?
Continue reading “Knowing whether to sell or hold your property portfolio”
As I write this, global equity markets have slumped, wiping billions of dollars off people’s investments. Gold and oil have also fallen. There is no hiding place. However the reverse pound cost average can save the day.
There is one last job to do before you start searching for properties in your Goldmine Area. This is to choose your Mortgage Broker.
Are you ready to start building your property portfolio? The very first step is to work out where your goldmine area will be. In this post I go through a step by step process to help you find your goldmine area.
I’ve written several posts and even a book on how to retire early, or the Financial Independence Retire Early movement (FIRE). In July 2023 I finally reached the position whereby I didn’t need to work again. However, the feeling didn’t last, and I was back at work withing 3 months, although I was working for myself. You see, I decided that I won’t retire.