What is a capital gain?

A capital gain is the profit you have earned from the sale of an investment such as property or shares. In simple terms; the amount of the capital gain earned is calculated by deducting the cost of the investment from the sale proceeds you received. Conversely, a capital loss is incurred when the proceeds from the sale of the investment is less than what it originally cost you. If you…  Read more

Rental property tips & tricks

Investing in property long term can be a great way to build your wealth. You would have heard of the stories of 20 something year-olds having 10+ properties and being millionaires. It may not happen that quickly for a lot of us, but if you can hold onto any asset for long enough, you will usually reap the rewards. Just take a look at the share market over the years,…  Read more

Should you use the new super measures when you buy/sell your home?

From 1 July 2018, new laws come into effect allowing first home buyers to use their super to help buy a home, and at the other end of the spectrum, downsizers to contribute proceeds from the sale of their home to super without many of the normal restrictions. The pros and cons of using your super to save for your first home The First Home Super Saver Scheme (FHSS) enables…  Read more

10 Daily Habits of the Rich and Powerful

  It’s the little things that make up the big things. Here’s a list of ten traits of some of the movers and shakers in the world today (and from the past). 1. They Stay Healthy Health is make-or-break. If you have it, your life will take on meaning like you couldn’t otherwise know; but if you don’t have it, you will only accomplish a comparatively small percentage of what…  Read more

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