501 | Noel Whittaker: Super, Shares & Why He Sold Most of His Properties!

Рет қаралды 23,757

Күн бұрын

Пікірлер: 58

@marcoschena99 4 ай бұрын

Thanks Gents. I always like to listen to Noel. Great chat. We all make mistakes, but you just have to get up and get on with it.

@LucasBenjamin-hv7sk 4 ай бұрын

The fact that there is already an excessive amount of demand awaiting its absorption, despite how everyone is frightened and calling the crash, is another reason why it is less likely to occur that way. 2008 saw no one, at least not the broad public, making this forecast, as I'll explain below. The ownership rate was noted to have peaked in 2004 in the other comment. Having previously peaked in the second quarter of 2020, we are currently at the median level. Between 2008 and 2012, it dropped by 3%, and by the second quarter of 2020, it had dropped from 68 to 65.

@CharlesArthur-fq5sx 4 ай бұрын

Investing in both real estate and stocks can be prudent choices, particularly when backed by a robust trading strategy that can navigate you through prosperous periods.

@williamDonaldson432 4 ай бұрын

You're not doing anything wrong; the problem is that you don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging conditions.

@foreverlaura-fq4eu 4 ай бұрын

@@williamDonaldson432 Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.

@williamDonaldson432 4 ай бұрын

Actually, I'm not sure if I'm allowed to mention this, but I'd recommend looking up Annette Marie Holt because she was a big deal in 2022. She manages my portfolio and serves as both my coach and my manager.

@williamDonaldson432 4 ай бұрын

The decision on when to pick an Adviser is a very personal one. I take guidance from Annette Marie Holt to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.

@chillikoala 4 ай бұрын

Noel's a Brisbane legend!

@malkov0001 4 ай бұрын

Noel is right... NEVER sell good-quality residential properties. Use the equity in your property to buy more properties and or shares. In addition to employer super contributions, salary sacrifice each to get a tax deduction and build wealth for retirement (if you can afford it). We've been doing this for about 25 years now

@halojones1843 4 ай бұрын

Very interesting perspectives and historic view. Thank you.

@zenmachine50 4 ай бұрын

wow did I hear that right? Noel's $200,000 investment in property resulted in something worth $600,000 but if he had put the same money in an index fund, it'd be worth $1.4m. Basically, investing in property is a garbage idea

@lengerer 4 ай бұрын

What time frame? Sounds like BS 200k would get you 4 houses. 2 million worth. In Brisbane they would have doubled.

@Topknot60 4 ай бұрын

@@lengerer Yeah, something doesn't add up. ASX 200 Accumulation Index was about 52,000 at its lowest point in 2000 and about 100,000 at the time the video came out. That give 1.9 times accumulation. From 200k to 1.4 million is 7 times.

@tonypereira1484 4 ай бұрын

Actually taking account the cost of lending and property costs such as rates , land tax , interest etc etc etc . You will find property is slightly behind in returns to the stockmart . Property is a high cost investment as too many people taking their cut of the properly pie 🥧

@scottharrisonau 4 ай бұрын

Anyone have a timestamp for this?

@ellec2983 4 ай бұрын

property is a garbage idea, its a strategy designed to keep a whole network of financial seagulls sending their kids to grammar

@yabanjin5296 4 ай бұрын

Listen to Noel, not these property spruikers. I unfortunately fell for them, bought an investment property in Melbourne through them. I’m loosing $60k a year with practically zero capital gains in the last 4yrs. I’ve reached out to them, but Ofcourse no responses. Just a PSA here. $6000+ for their property plan on top.. I’ve learned the lesson the hard way unfortunately

@joekeegan-yc4nm 4 ай бұрын

Life is hard.

@yyl2683 4 ай бұрын

No response is a response :)

@joekeegan-yc4nm 4 ай бұрын

@@yyl2683 YEP.

@williamcrossan9333 4 ай бұрын

Huh? But property is a get rich quick scheme! I've got Aussie shares. Now there's an asset class going nowhere fast. All the buyers agents in my social feeds, their clients have been making money like you wouldn't believe, over the last 3 years!

@joekeegan-yc4nm 4 ай бұрын

@@williamcrossan9333 Stop it. If you wanna buy a house three thousand kilometres away go there. Call it a holiday if you want. You will realise if things don't go well there and you need to go back there for any reason, you now understand any possible difficulties with that. I refuse to pay fifteen thousand bucks for someone to pick my house.

@Moon_Productions 4 ай бұрын

Thank you Gentlemen, very, very educational 👍

@johnoneill1011 4 ай бұрын

I don't see the promised link to Noel's checklist mentioned in this podcast, to make life easier for you inheritors.

@williamcrossan9333 4 ай бұрын

Yes! Inherited wealth is becoming quite an issue. Wealth begets wealth. Without an inheritance tax, Australia will be a land of a small number of 'haves', and a whole lot of 'have-nots'.

@tanyaz1812 3 ай бұрын

@@williamcrossan9333 So you’re saying people should not work to create wealth? It actually stops them being reliant on government handouts. Enough taxes are paid along the way. Adding another tax at the end (there already is one with Super anyway) just disincentivises people. And the others you refer to can’t build any of their own wealth? They can only get by through further taxing those who have invested and saved? Sounds like socialism - and that has never ended well.

@williamcrossan9333 4 ай бұрын

A lot of those properties were at remarkable income multiples, back in the day. 2.5 to 3.5 X incomes. Even property on the outskirts of Brisbane is at 7 X average incomes these days.

@chrisruss9861 4 ай бұрын

Ah, Noel, who used to recommend prople go into high fee managed funds, when direct investment in a few top 20 stocks or low fee listed investment companies would have done better. To his credit he opposed introduction of GST if I recall correctly.

@taruarualearnmaori Күн бұрын

Reminds me of Jack Bogle. Steady and considered.

@ellec2983 4 ай бұрын

Having investment properties is a huge source of stress and focus for the everyday mum and dad, and definitely erodes full enjoyment and fulfilment of family life. Your life is over before you know it, and instead of spending stress-free time with your kids you will have this monkey on your back of investment property stress. It is a financial strategy designed to be exploited by the taxman, banks, accountants, real estate agents, insurance companies. Take an easier road guys.

@donaldwayne4219 4 ай бұрын

Excellent. Thanks for summarizing. The words I have been searching for, word for bloody word 😂. You have covered pretty much everything that tenants don't have a clue about, while they live care free and then bugger off, leaving you to clean up after them and cut your losses. It is a lot of extra work to maintain and all unpaid time. It is the hobby you didn't need and becomes your life and a full time commitment, unexpectedly, if you don't want to go broke that is.

@malkov0001 17 күн бұрын

As the owner (with my wife's help) of five properties over the past 20-24 years, I agree with you that property ownership is stressful. However, getting rich and obtaining financial independence has never been easy. If you don't find a way to make money while sleeping, you'll be working until you die.