Podcasts about Wemyss

Have you ever wondered why some locations that could be labelled as 'secondary' outperform the established blue-chip suburbs? What drives this unexpected surge in property value, and more importantly, is this a trend that savvy investors should be paying attention to? Should you be looking for these suburbs, or should you stick to blue-chip locations? I'd like to know if this is a mere market fluctuation, or are we witnessing a fundamental shift in what defines a 'smart investment' in our property markets? That's what I ask my guest today, leading independent financial advisor, Stuart Wemyss, director of Prosolution private client. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: Why Some Secondary Suburbs Soar with Stuart Wemyss  

Every week, Chris Bates and Pete Wargent jump on the Australian Property Podcast airwaves to answer your questions or cover the top 3 property news stories of the week. Don't forget to send Chris and Pete your questions! In this week's episode, Chris and Pete cover: 1 – Budget 2024 to bring cost of living relief 2 – Housing competing with infrastructure for resources 3 – Listing deluge for Melbourne, but brighter days ahead Episode resources 1 – 2024 Budget to bring cost of living relief https://www.youtube.com/watch?v=cSqWVjaWQA0 https://www.afr.com/politics/federal/budget-tips-fast-inflation-fall-reviving-rate-cut-hopes-20240510-p5jcov https://www.afr.com/politics/federal/everything-we-know-about-the-budget-so-far-20240506-p5fp4i 2 – Housing versus infrastructure https://www.afr.com/property/commercial/lenders-preference-for-luxury-units-a-blow-to-housing-supply-hopes-20240515-p5jdrq https://www.afr.com/property/commercial/house-builders-can-t-compete-with-states-cash-splash-20240507-p5fqwx 3 – Listing deluge for Melbourne, but Wemyss predicts brighter days ahead https://prosolution.com.au/melbourne-property-market-primed-for-strongest-growth-next-decade/ https://www.macrobusiness.com.au/2024/05/listings-deluge-suppresses-melbourne-house-prices/ https://petewargent.blogspot.com/2024/05/wages-growth-cools-misses-expectations.html ~~ Resources you'll love ~~  Invest with Owen: https://bit.ly/R-invest  Mortgage Broking: https://bit.ly/broke-rask  Financial Planning: https://bit.ly/R-plan  Property Coaching: https://bit.ly/R-P-coach  100-point property checklist (PDF): https://bit.ly/prop-check  Accounting with Grey Space: http://bit.ly/3DG5lWS  Business Coaching: https://bit.ly/o-coach  Ask a question: https://bit.ly/3QtiY00 DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you're confused about what that means or what your need are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Jacqui Wemyss along with her husband Colin are the owners of Aricks Australia. Aricks has been built from the ground up starting with Colin's love for innovation and agriculture along with the hard work of Jacqui and the rest of the Aricks Crew bringing high end, quality no-till seeding parts to market in Australia and the rest of the world.

Today, I am doing a deep dive with Stuart Wemyss of Prosolution Private Clients on how the last 20 years of property price growth from 2003 to 2023 has compared to the previous 20 years from 1983 to 2003 in our main capital cities and what has contributed and detracted from growth over each of these 20 year periods.  With the last 20 years being down for growth, we look ahead to whether this will likely be corrected in the coming 20 years and how we could look to adjust our strategy to increase our investments performance in the years ahead.   Let's go inside.   Resource Links: Get your Strategic Portfolio Plan and our help with Buying Your Next Perth Property  (https://www.investorsedge.com.au/invest-in-perth-property/) Join the Perth Property Investment Facebook Group (https://www.facebook.com/groups/perthpropertyinvestors) Join Jarrad Mahon's Property Investor Update (https://www.investorsedge.com.au/join) For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind (https://www.investorsedge.com.au/perth-property-management-specialists/) For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you (https://www.investorsedge.com.au/selling-your-perth-property/)       Episode Highlights: Intro [00:00] Long-term Property Investment, Focusing on Past Market Fluctuations and Their Impact on Growth Rates. [5:19] Factors Impacting Property Market Growth in Australia, Including Banking Industry Changes and Loan Volumes. [10:16] Changes in Borrowing Capacity in Australia Over the Past 40 Years, With a Focus on the Impact of the GFC and Regulatory Changes. [14:28] Property Investment Strategies, Focusing on Timing Cycles for Better Returns. [18:41] Property Market Cycles and Adding Value Through Renovation or Development. [23:07] Property Investment Strategies in Australia, Focusing on Supply and Demand, Density, and Livability. [27:59] Thank you for tuning in! If you liked this episode, please don't forget to subscribe, tune in, and share this podcast.       About the Guest: Stuart Wemyss, founder of ProSolution Private Clients, is a chartered accountant, financial adviser, and mortgage broker with over 20 years of experience. He holds a Bachelor of Commerce and numerous finance-related qualifications. A successful property investor and author, Stuart regularly contributes to various media outlets, helping hundreds invest successfully through his award-winning firm. Connect with Stuart: Linked In: https://www.linkedin.com/in/stuartwemyss X/Twitter: https://twitter.com/StuartWemyss Website: https://prosolution.com.au/       Connect with Perth Property Insider: Subscribe on YouTube:  https://www.youtube.com/@InvestorsedgeAu Like us on Facebook: https://www.facebook.com/investorsedge See omnystudio.com/listener for privacy information.

A range of topics and genres from both our live studio and prerecorded shows.

Read full blog here.In this episode, Stuart Wemyss delves into the nuanced debate of prioritising short-term returns versus adopting a steadfast long-term investment strategy. Drawing from his extensive experience, Wemyss navigates the complexities of financial planning, urging listeners to reevaluate their approach amidst fluctuating market conditions.He articulates the inherent advantages of a long-term perspective, emphasising its ability to filter out short-term noise and minimise risks and costs associated with frequent trading. Through insightful analysis, he elucidates the unparalleled power of compounding returns, vividly depicting wealth accumulation over time.However, Wemyss acknowledges the allure of short-term gains and the potential benefits for novice investors seeking to bolster their financial position. Yet, he cautions against the pitfalls of addiction to short-term thinking, stressing the importance of setting clear deadlines for transitioning to a long-term approach.He challenges conventional investment paradigms, urging listeners to prioritise patience and foresight over instant gratification. As Charlie Munger aptly states, "The big money is not in the buying and selling but in the waiting."For investors navigating the intricate landscape of financial planning, this podcast episode offers invaluable insights and strategic perspectives to inform sound investment decisions in an ever-evolving market environment.If this episode resonated with you, please leave a rating on your favourite podcast platform. It helps me reach more incredible listeners like you. Thank you for being a part of this journey! :-)Click here to subscribe to Stuart's weekly email. SPECIAL OFFER: Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog here.Work with Stuart's team: At ProSolution Private Clients we encourage clients to adopt a holistic and evidence-based approach when making financial decisions. Visit our website. Follow Stuart on socials: Twitter/X and LinkedIn.IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

In an age where financial transactions have largely moved online, the prevalence of financial scams has surged, catching many Australians off guard. The Australian Competition and Consumer Commission reports that Australians lost a record $3.1 billion to scams in 2022. This is an 80 per cent increase in total losses recorded in 2021. This staggering loss highlights not just the cunning of scammers but also their ability to adapt to changing technologies and exploit new vulnerabilities. So, in today's podcast with independent financial advisor Stuart Wemyss, I want to ask him how to spot the signs of a scam. Our conversation today is an eye-opener, revealing common tactics scammers use to exploit the digital landscape and deceive individuals. We touch on personal experiences and the various types of scams, such as phishing and false billing. Whether you're an experienced investor or a beginner, this episode is packed with practical insights and data-driven predictions to help you make informed decisions.  Amidst sharing these insights, we underscore the significance of safeguarding personal and financial information and discuss how banks' robust security measures, though sometimes inconvenient, are critical in protecting us from these fraudulent activities. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Join us at Wealth Retreat 2024 – www.WealthRetreat.com.au Shownotes plus more here: Don't Fall for the Trap: Navigating the Minefield of Financial Scams with Stuart Wemyss

Sounds Like - Wemyss Bay by VisitScotland

Read full blog here.In Part 1, the podcast scrutinised the performance of apartment markets in major Australian cities over the past decade, uncovering reasons behind their underperformance and prospects for a new growth cycle. In this podcast episode, Stuart Wemyss provides a deep dive into the critical decision of whether to sell underperforming apartments in Australia's real estate market. Wemyss meticulously analyses the performance of apartment markets in Melbourne, Sydney, and Brisbane over the past decade, shedding light on factors influencing their growth potential.Listeners gain valuable insights into the contrasting dynamics of apartment markets across major Australian cities, from rising values in Brisbane to affordability indicators in Sydney and potential challenges in Melbourne due to market dynamics and tax implications.Wemyss presents a practical 4-question framework to guide listeners through the decision-making process, from assessing apartment quality to exploring reinvestment options and considering block selling opportunities. He emphasises the importance of tailored advice and engaging professionals like buyers' agents, mortgage brokers, accountants, and financial advisors to make informed decisions aligned with individual financial goals.Tune in to this episode for expert guidance on navigating the complexities of the apartment market and optimising investment strategies for maximum returns in an evolving real estate landscape.If this episode resonated with you, please leave a rating on your favourite podcast platform. It helps me reach more incredible listeners like you. Thank you for being a part of this journey! :-)Click here to subscribe to Stuart's weekly email. SPECIAL OFFER: Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog here.Work with Stuart's team: At ProSolution Private Clients we encourage clients to adopt a holistic and evidence-based approach when making financial decisions. Visit our website. Follow Stuart on socials: Twitter/X and LinkedIn.IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

Read the full blog here.In this podcast episode, Stuart Wemyss delves into the intriguing dilemma of whether to sell underperforming apartments in Australia's real estate market. He dissects the prolonged underperformance of apartments in Melbourne, Sydney, and Brisbane, spanning over a decade, challenging investors to reconsider their strategies in light of stagnant growth rates.The episode navigates through the complexities of supply-demand dynamics, construction quality concerns, and shifting rental yields versus owner-occupier interest rates. Moreover, Wemyss offers insights into the evolving relationship between apartment and house prices, highlighting the current affordability gap and its implications for investment decisions.Through meticulous analysis and astute observations, he unveils the potential triggers for a market resurgence, including dwindling new apartment starts and increasing construction costs. The episode concludes with a thought-provoking examination of the cost-benefit analysis between renting and owning, providing listeners with valuable considerations for navigating the evolving real estate landscape.For investors seeking clarity amidst market uncertainty, this podcast episode serves as an indispensable guide, offering actionable insights and strategic perspectives to inform their investment decisions in the ever-evolving apartment market landscape.If this episode resonated with you, please leave a rating on your favourite podcast platform. It helps me reach more incredible listeners like you. Thank you for being a part of this journey! :-)Click here to subscribe to Stuart's weekly email. SPECIAL OFFER: Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog here.Work with Stuart's team: At ProSolution Private Clients we encourage clients to adopt a holistic and evidence-based approach when making financial decisions. Visit our website. Follow Stuart on socials: Twitter/X and LinkedIn.IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

Although LinkedIn is primarily for business networking, unexpected connections and opportunities can happen. When you start building your network and engaging meaningfully with connections, you have a chance to make a positive impact. While it does require time to help others succeed, the returns can be immense - in relationships, knowledge, and opportunities. LinkedIn is a community where we all rise together. Based in West Palm Beach, Florida, Debbie Wemyss is an Independent LinkedIn Specialist and founder of DW Consulting Solutions LLC, a global training and coaching firm with clients in 21 countries. Debbie is a strong advocate for the use of LinkedIn to build a professional network to increase both your visibility and business. For more information: videoeasypeasy.com Gillian Whitney: linkedin.com/in/gillianwhitney Debbie Wemyss: linkedin.com/in/debbiewemyss

Now inflation has been tamed and interest rates have peaked, many market commentators and property economists are updating their forecast for 2024. While the media loves sharing short-term forecasts, the longer-term outlook is more important for investors as it better aligns with their investment horizon. Investors should consider where the market will be in 10 years, rather than where interest rates will be in six months. However, in today's podcast, I discuss the dominant influences on our housing markets for 2024 with independent financial advisor Stuart Wemyss, founder of Prosolution Private Clients. We'll break down the influence of inflation and interest rates on real estate trends, while also considering the broader implications of economic changes.   Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Join us at Wealth Retreat 2024 – www.WealthRetreat.com.au Shownotes plus more here: How interest rates are reshaping our property markets in 2024, with Stuart Wemyss    

News und Informationen finden Sie in unserem Shop auf https://www.whisky.de/whisky/aktuelles/nachrichten.html 00:00 Whisky.de News 00:13 NEU: Tales of The Macallan Volume II 00:41 Luxury Redefined Reihe von Bruichladdich launcht 18- und 30-jährigen Single Malt 01:10 Lochlea Distillery füllt ersten fünfjährigen Single Malt ab 01:46 Cara Laing ist neuer Managing Director von Douglas Laing & Co 02:20 NEU: Scallywag The Gipfelgruß Edition exklusiv für Deutschland 02:50 Anlässlich der Wiedereröffnung der Brennerei erscheint Port Ellen Gemini 03:37 Longmorn mit neuer Single Batch Serie und Rebranding 04:07 Wemyss und Kingsbarns Whiskys künftig ohne Umverpackung 04:24 „The Nine“: Neue Innovative Cask Series aus der Loch Lomond Distillery 05:14 Bulleit stellt Single Malt vor 05:33 NEU: Heaven Hill Heritage Collection 18 Jahre 05:59 Islay meets Australien: Starward Whisky aus Lagavulin Casks

Cllr Dan Wemyss joins us to share the campaign to save a local Pharmacy in Hilsea as well as the controversial redevelopment of the form News Centre. Simon & Ian then take a look at the agenda for Tuesday's Full Council meeting which focuses on Portsmouth City Council's budget for 2024, 25 - Which we'll also cover in full next week.

Homeownership is looking further out of reach for anyone without family wealth, as over the last few years property prices kept growing and wages fail to keep up. Over the last decade or so property prices keep growing and wages failed to keep up and over the last few years affordability seems to have decreased as interest rates keep increasing. Is it really harder to get into the property market today than it was a number of decades ago? That's what I discuss today with independent financial adviser Stuart Wemyss. And even if you already own a home, I'm sure our discussion will be valuable because it will help you understand what we believe is ahead for our housing market. Is homeownership harder today? Many people are suggesting it's much harder to buy a property today than it was years ago. They're telling us that Baby Boomers don't really understand how hard it is. My guest today, independent financial advisor Stuart Wemyss, believes it's actually easier to buy a property today than it was many decades ago. Now I know some people listening to this one disagree so I'm looking forward to hearing his views. Millennials are telling us that buying a house today is far harder than when their parent got into the market because the rate by which property prices have soared is well beyond that of wage growth. At first glance these arguments make sense, but there's more to it than that. I would like to suggest that in many respects, buying a property today is easier than it was many decades ago. 1.       Abundant access to information, knowledge, strategies, advice, and so forth How do you get ahead financially? One solution is to get the best advice so that you make the most of your financial opportunities. Often people learn by trial and error, but that can be expensive and waste valuable time. You can fast-track your financial success by learning the best way to use your money. ●        There is an absolute abundance of information that is available on the internet. ●        Most of it is accessible instantaneously at no cost. ●        Blogs, forums, podcasts, books, websites, software, and so on. It cannot be underestimated how valuable that is. 25 years ago, no such information was available. There were a few books about property investing, but not many. The only way to learn about borrowing strategies was by meeting bank staff, but they weren't particularly knowledgeable or helpful. Therefore, unless you knew a successful property investor, it was hard to access knowledge. As the saying goes, “knowledge is power”. 2.       Much higher borrowing capacity Thirty to forty years ago, borrowing 3 times your gross income was seen as very high risk. Today, the banking regulator (APRA) classifies a high-risk borrower as anyone that borrows more than 6 times their gross income. Therefore, by this measure, borrowing capacity has increased by 2 to 3 times over the past few decades. In addition, 30 years ago, it was not possible to borrow more than 80% of a property's value. Today, owner-occupiers can borrow up to 95%. 3.       Higher earning capacity and more employment opportunities The internet has made it very easy to connect with people around the world. This means people can explore a lot more job opportunities. In fact, given the increased acceptance of working from home, it is not even necessary for you to live in the same country as your employer. Whilst these advancements might make the job markets more competitive, for some occupations it opens (literally) a whole world of opportunities. Therefore, first-time property buyers can proactively explore many opportunities to increase their income, thereby increasing their borrowing capacity and purchasing power. In addition, incomes have increased in real terms over the past few decades, especially for many professional white-collar occupations. There are some young people earning 2 to 3 times more than what was possible in their occupation decades ago. I discuss this further below. 4.       Family guarantees & the bank of mum and dad The biggest impediment that delays first-home buyers getting into the market is saving enough for a deposit. First homeowners need a minimum deposit of at least 12% of a property's purchase price (a 5% deposit plus 7% for costs including stamp duty and legal fees). That can take a long time to save. The most effective way to alleviate a lack of deposit is to get help from family. This might come in the form of providing a family guarantee. Alternatively, parents might prefer to provide their child with a gift or a loan. Most baby boomers have benefited greatly from higher property prices over the past few decades and are in a good position to help their children. 5.       Cash flow budgeting/management tools It is critical that young people establish good cash flow management practices as soon as they enter the workforce, as these habits tend to stick with you over your lifetime. Establishing a strong savings pattern will serve two purposes. ●        Firstly, it will help a prospective home buyer save a larger deposit, sooner. ●        Secondly, it will demonstrate (to themselves and a bank) that they have the necessary surplus cash flow to service a loan. There is a huge array of tools available to people today to help them improve their cash flow management.  6.       Ability to invest outside of your domicile location. The internet has made buying a property outside your domicile location a lot easier. For example, if you live in a regional town, it probably makes financial sense to invest somewhere else. A lot more equity in dollar terms It is relatively easy to accumulate over $1 million in equity in a property if you (1) buy well and (2) hold it for a couple of decades. Of course, this is a function of borrowing more i.e., property costs a lot more today than it did decades ago. But if you can afford a higher loan and you hold a property for the long term, the wealth effect can be substantial. One downside to this is that borrowing more means that you either must generate substantial income to be able to repay the loan or downsize the property at some stage to reduce/repay debt. Do all these positives offset higher prices? The average median house price in Melbourne and Sydney in 1980 was almost $53,000. Adjusting for inflation, this equates to $268,000 in today's dollars. The average median house price in Melbourne and Sydney has increased to $1.2 million (Sept 2022). Therefore, house prices have increased 4.5 times in real terms since 1980. Income plus higher borrowing capacity Borrowing capacity has more than doubled since 1980 and professional salaries have risen by more than 30%. This means buying power has increased by a factor of 3 to 3.5 times over the past four decades. It can be more difficult today It can be more challenging to be a first-time buyer today. But a lot of the advancements over the past few decades have gone a long way toward mitigating the impact of higher prices (or, more correctly, driving prices higher). Most importantly, it is easier to make the right decision today. Mistakes can be very costly. If I knew what I know today before I purchased my first home 25 years ago, the financial outcomes would have been a lot different. This knowledge allows younger people to make a lot of money from property if they have the motivation and desire to do so and they are prepared to work hard and sacrifice. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Some of our favourite quotes from the show: “I think one of the other factors that have changed over time is there are more people to get advice from, which is good in some ways, but it's also hard to work out who you should take advice from.” –Michael Yardney “There are a number of state government and federal government initiatives that are helping first home buyers get into the market.” – Michael Yardney “A lot of people are rentvesting now. They realize that they can't afford to buy where they want to live, so they rent where they want to live and buy in another state.” – Michael Yardney PLEASE LEAVE US A REVIEW Reviews are hugely important to me because they help new people discover this podcast. If you enjoyed listening to this episode, please leave a review on iTunes - it's your way of passing the message forward to others and saying thank you to me. Here's how    

Vi startar året med ett av de mycket intressanta nya destillerierna, nämligen Kingsbarns. Daniel intervjuade Gregor Stirling när han besökte Stockholm Beer and Whisky festival och fick en mycket trevlig pratstund och riktigt god whisky.Skål på er och ha en trevlig WhiskyVecka

LinkedIn has seen a TON of #NewFeatures this past year. So I thought, who better to come and talk about it than these fantabulous LinkedIn Leaders: Debbie Wemyss, Jeff Young, and Kevin D. Turner. What do you get when you talk with not one, but three top-notch experts about LinkedIn? A jam-packed session that will be both entertaining and educational. Which is why this show will probably run longer than my usual 30 minutes. For more information: videoeasypeasy.com Gillian Whitney: linkedin.com/in/gillianwhitney Debbie Wemyss: linkedin.com/in/debbiewemyss Jeff Young: linkedin.com/in/jeffyoungralemoi Kevin D. Turner: linkedin.com/in/president

LinkedIn can be a valuable platform for mortgage professionals to build their network, establish credibility, and grow their business. The success of having a linkedin account is based on several factors, like any other social media platform, depends on consistency and authenticity. Engaging with your network, sharing valuable content, and building meaningful relationships are key to leveraging LinkedIn effectively as a mortgage professional. Our guest today is an expert on helping professionals improve their LinkedIn profiles. Debbie Wemyss of DW Consulting has been coaching professionals in optimizing LinkedIn profiles and implementing proven strategies to improve online presence in LinkedIn.

We tend to talk a lot about property on this Podcast, but the aim of property investment is to give you the financial freedom that leads to Iife choices The truth is that your superannuation balance is unlikely to be sufficient to cover your desired living expenses in retirement, and it's possible that by the time you choose to retire, the government will have changed the superannuation laws. Today, I discuss superannuation funds with independent financial adviser Stuart Wemyss, director of Prosolution Private Clients, including the possibility of an additional stream of income that he calls a third super fund. So prepare to ease your retirement fears, as we dive into the nuances of a third super fund and navigate the shifting government rules around superannuation. We'll also examine what you might need to maintain your living standards in retirement, and the average super balance you should aim for at retirement. As Stuart and I discuss today, your financial freedom in retirement may depend on thinking beyond the traditional super fund. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: Have you considered setting up a third Super Fund? With Stuart Wemyss

In this episode I talk with financial planning expert Stuart Wemyss to tackle a pressing question: Should we focus on repaying our home or investing? With his extensive experience, Stuart sheds light on this common financial quandary. We dive into the emotional aspects of owning a home, as well as how it can be your greatest investment…. But preferably not your only investment.   Stuart offers insights into some of the important considerations for where your extra dollars should go and the potential steps to take to repay your home later if you do decide to invest first.  Challenge your current mindset and see if your current approach makes sense. Let's go inside!   Resource Links: Get your Strategic Portfolio Plan and our help with Buying Your Next Perth Property  (https://www.investorsedge.com.au/invest-in-perth-property/) Join the Perth Property Investment Facebook Group (https://www.facebook.com/groups/perthpropertyinvestors) Join Jarrad Mahon's Property Investor Update (https://www.investorsedge.com.au/join) For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind (https://www.investorsedge.com.au/perth-property-management-specialists/) For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you (https://www.investorsedge.com.au/selling-your-perth-property/)   Episode Highlights: Intro [00:00] Home Loan Repayment Strategies and Investing [04:27] Home Loan Debt and Investing Priorities [09:13] Debt Reduction and Investment Strategies [13:38] Investing and Selling Assets for Lifestyle Goals [18:15] Outro [22:14] Thank you for tuning in! If you liked this episode, please don't forget to subscribe, tune in, and share this podcast.   About the Guest: Stuart started his career in Chartered Accounting, working for KPMG and Deloitte. Then, in 2002 he founded his financial services business, ProSolution Private Clients. His company aims to work with clients to help them achieve their financial and lifestyle goals. They provide holistic financial services, including financial, mortgage, insurance, and tax advice. He released his third book (Investopoly) in May 2018. It sets out the 8 golden rules to mastering the game of building wealth. He writes for The Australian newspaper (Wealth Section) and regularly appears in print, TV, and radio media.   Visit Stuart at: ProSolution Private Clients - http://prosolution.com.au/  Investopoly Book - https://www.prosolution.com.au/books/ Twitter - https://twitter.com/StuartWemyss    Connect with Perth Property Insider: Subscribe on YouTube:  https://www.youtube.com/@InvestorsedgeAu Like us on Facebook: https://www.facebook.com/investorsedge See omnystudio.com/listener for privacy information.

The Wemyss business has been operating not just through the generations, but through the centuries too. So, what's the family secret to success? In this episode, William Wemyss talks openly about the history of the business and their approach to risk management, growth and sustainability. Tracing back to the 16th century, the business has more recently diversified its operations, and risk, into renewable energy, superfood farming, property development, whisky distilling and even owns a vineyard – spread across several continents. The breadth of this business is extraordinary and William has a wealth of insights to share.

A property's value is typically divided into two components: the land value and the value of any improvements, such as the dwelling. Conventionally, land tends to appreciate over time, while buildings are said to depreciate as they get older and suffer more wear and tear. However, the rise in construction costs poses an interesting question: what impact do rising construction costs have? In today's episode, Stuart Wemyss and I discuss the ramifications of soaring construction costs on property investment. We cover the challenging landscape of the property market, focusing on aspects like renovations, investment locations, and the power of a positive mindset. From analyzing historical trends of construction costs outpacing inflation to discussing strategies for creating intergenerational wealth, Stuart's insights provide an in-depth exploration of property investment in the face of rising construction costs. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: How should rising construction costs impact your property investment decisions? With Stuart Wemyss

Click here to read the full blog including charts. What if you could double your real estate investment in a decade? Join our host, Stuart Wemyss, as he ventures into the rich field of residential real estate returns, dissecting the figures to expose a fascinating average decade-long return of 9.7%. He pulls apart this promising percentage, exploring its components of 7.3% capital growth and 2.4% net rental yield. Yet what lies behind the volatility of these returns? Wemyss will take you through the highs and lows of the past four decades, bringing the figures to life with his insightful analysis.But that's not all. We're also delving into the complexities of the Australian rental crisis and the impact it's having on private landlords. Why are they exiting the market? How is above-average rental growth influencing capital growth? And what actions can the government take to encourage more private investors? We're going to analyse these critical issues in detail. Lastly, we turn to the future, projecting the potential wealth impact in 10 years. This episode is packed with in-depth analysis and insights that could potentially have a significant impact on your investment strategy. Prepare to see your real estate investments in a new light.To subscribe to Stuart's blog: https://www.prosolution.com.au/stay-connected/

For more than a year the Reserve Bank hiked interest rates to the highest level in decades and there were lots of warnings about an imminent collapse of the Australian housing market. And these warnings came from banks and institutional economists as well as the usual property pessimists! Not many people expected interest rates to rise so high and so fast, and not many people expected the most interest rate-sensitive portion of the economy, our housing markets, to be so resilient. Today, financial advisor Stuart Wemyss and I discuss the reasons why many predictions were way off, highlighting the role of market dynamics and interest rates. We discuss the challenges of predicting the market bottom and explore the cognitive biases that could cloud judgment. Learn about how the housing bears got it so wrong and whose advice should you be listening to as you plan for what's ahead in the property market. How Did Economists Get Their Property Predictions So Wrong? In my chat with Stuart, we look into: ●        Factors to consider when reading forecasts o   The psychology of homeowners o   What's happening on the ground ●        The inaccuracies in Australian housing market forecasts by economists and banks ●        The potential dangers of blindly believing in market 'experts' ●        The financial stress endured by homeowners and the significant role of market dynamics and interest rates ●        The change in bank forecasts and reasons behind the shift ●        The challenge of predicting the market bottom in long-term property investments ●        The impact of cognitive biases on decision-making in property investment ●        Importance of an evidence-based approach focusing on long-term investment and compounding capital growth ●        Emphasis on strategy over luck in successful property investment We emphasize the importance of an evidence-based approach in property investment. We highlight the role of strategy over luck, and the need to learn from failures rather than shying away from them. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Some of our favorite quotes from the show: “I think the other thing they missed was the supply and demand ratio. In other words, we went into this cycle with an undersupply of properties.” – Michael Yardney “Rather than look for what's going to work now or in the next year or two, look for what's always worked and what's likely to be in continuous strong demand in the future.” – Michael Yardney “So, the best way to reflect on your failure is to focus on the lessons that you've learned and the person you're going to become, rather than spending time trying to avoid failure.” – Michael Yardney PLEASE LEAVE US A REVIEW Reviews are hugely important to me because they help new people discover this podcast. If you enjoyed listening to this episode, please leave a review on iTunes - it's your way of passing the message forward to others and saying thank you to me. Here's how  

Guests: Sam Landman and Derek Lee MillerExpression 1: Glenmorangie Malaga Cask 12yrExpression 2: Wemyss “A Matter of Smoke” 15yr

Today, I am joined by Stuart Wemyss from ProSolution Private Clients to dive into the intriguing topic of, “Why property investors should be more fussy” It's easy when the Perth market is running hot to cut corners or to buy a cheaper property sooner but as we discuss there are some compelling reasons why we should not be compromising quality.  I am excited to get Stewart's expert insights, let's go inside.  Resource Links: Prosolution Private Clients https://www.prosolution.com.au/ Get your Strategic Portfolio Plan and our help with Buying Your Next Perth Property  (https://www.investorsedge.com.au/invest-in-perth-property/) Join the Perth Property Investment Facebook Group (https://www.facebook.com/groups/perthpropertyinvestors) Join Jarrad Mahon's Property Investor Update (https://www.investorsedge.com.au/join) For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind (https://www.investorsedge.com.au/perth-property-management-specialists/) For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you (https://www.investorsedge.com.au/selling-your-perth-property/)     Episode Highlights: Intro [00:00] What's Contributed to Rising Prices in Australia? [01:34] The Biggest Contributor to the Increase in Borrowing Capacity [04:05] Double Income Vs Single Income [06:16] The Long-term Dynamics of Property Investing [11:04] The Importance of Understanding How Compounding Growth Happens [13:44] How to Choose the Right Property to Invest in [16:20] The Best Laid Plans Don't Always Work Out [21:22] The Benefits of Having Multiple Assets [23:43] How Do You Get to Your Dream Home? [26:06] Outro [30:22]   Thank you for tuning in! If you liked this episode, please don't forget to subscribe, tune in, and share this podcast.   Connect with Perth Property Insider: Subscribe on YouTube: https://www.youtube.com/channel/UCgT9-gB6RS69xSgc8J9KrOw Like us on Facebook: https://www.facebook.com/investorsedge See omnystudio.com/listener for privacy information.

Stuart Wemyss believes property prices can continue to rise despite high interest rates and low wage growth, and today, we'll be diving deeper into this topic. In this episode, we'll explore income, borrowing capacity, migration, inheritance, and other factors and how they intersect in shaping the property market.  Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: What on earth will make property values keep rising if high inflation and lower wages growth persists, with Stuart Wemyss

Homeownership is looking further out of reach for anyone without family wealth, as over the last few years property prices kept growing and wages fail to keep up. Is it really harder to get into the property market today than it was a number of decades ago? That's what I discuss today with independent financial adviser Stuart Wemyss. And even if you already own a home, I'm sure our discussion will be valuable because it will help you understand what we believe is ahead for our housing market. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: Is buying property really harder today than it was decades ago? With Stuart Wemyss  

There has been a lot of talk about the “fixed interest rate cliff” being one of the biggest potential risks to housing market values and the overall stability of our property markets in 2023. With my guest today, independent financial advisor Stuart Wemyss I plan to explain what the cliff is, some must-know pieces of information that put the cliff into context, and what you need to do if your fixed rate or interest-only term on your mortgage is about to expire. Links and Resources Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Blog: - What to do if your fixed rate or interest-only term is due to expire Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: What to do if your fixed rate or interest-only term is due to expire with Stuart Wemyss  

Have their property markets really bottomed? Well, that's a brave call made by my guest today, Stuart Weymss. If you think about it, this time last year, the property market was running full steam ahead, consumer confidence was high, and you could still get a fixed mortgage rate with a 2 in front of it. What a difference a year makes. The Reserve Bank of Australia began lifting the cash rate in May in response to rising inflation and hasn't stopped since - enacting the fastest series of rate hikes since the 1990s and sparking a dramatic turnaround in property values. As the property market edges toward the end of 2022, prices have fallen by around 7% overall, but by more than 10 percent in selected areas; fixed-rate mortgages start from 5 percent and buyers can afford to borrow far less than they could a year ago. So how much further are our property markets going to fall? Links and Resources Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: Here's why the property markets may have already bottomed, with Stuart Wemyss

When it comes to property investing are you a fox or a hedgehog? Is property investment and art or science? Maybe property investment isn't what you should be spending your time on; maybe you should stick to your day job instead That's what I discuss today with Stuart Wemyss. And then, in my mindset moment, I'm going to share with you why we're not all created equal. You'll get lots of great information from today's show that will help you get more success in your investments. Links and Resources: Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game Shownotes plus more here: Maybe you should stick to your day job and not invest in property, With Stuart Wemyss

If you've been listening to my podcasts or reading my blogs, you'll know I have a number of rules and frameworks to help my property investing. By having these it takes the emotion out of investing and makes the results more predictable, but what's the most important golden rule of property investing? That's a question I'm going to ask today of leading financial advisor Stuart Weymss, who's written a book about the golden rules of investing so let's see which rules have stood the test of time. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: Is this the most important Golden Rule of property investing? With Stuart Wemyss (Summer Series)

We're living in challenging, stressful times with a barrage of mixed messages about what's ahead for our economy and our property markets. Everything seems to be stacked against those looking to invest in property, falling values, rising interest rates, and various governments interfering, making it seem like we are losing control of our investments. The bottom line is investing is getting harder. It's easy to see all the risks and problems now, but in five years, it's likely we will look back and see lots of missed opportunities because the rear vision mirror is always clearer than the windscreen. Another prediction I'd like to make for five years' time is that 50% of those who buy an investment property in the next year or two will have sold up. Why do I say this? Because that's what's been happening for the last few decades. And unfortunately, many who will have held onto their investment property won't be owning an investment-grade property. Meaning they won't achieve the financial independence they're looking for. What can you do about this? How can you end up being in that small group of investors who own a substantial property portfolio? That's what I'm going to be asking leading financial advisor Stuart Weymss, in today's show. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Blog -  – Focusing on rental income cost you $1million in lost wealth Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: Making this investment mistake could cost you $1million, with Stuart Wemyss

Wemyss Malts w/ Isabell Wemyss Whisk(e)y Wednesday Oct 12 2022

George Lippard's novel "The Quaker City, or the Monk's of Monk Hall" is made into a new play. The excitement about it builds in Philadelphia, just as the national election of 1844 roils the city.We learn more about the young Philadelphia writer, and how he was recruited by theater manager Francis Wemyss to provide a script for his Chestnut Street Theatre. Meanwhile, one of Philadelphia's most prominent citizens is headed for the Vice Presidency, while others of the city's elite look with alarm at what Lippard and Wemyss' play might do to their reputations. Some of Philadelphia's theatergoers even have their reasons to threaten riots and bloodshed. The supposedly peaceable 'Quaker City' is not looking very peaceable at all. Part Two of our three-part series about the threat of violence in the streets and theaters of Philadelphia in 1844, as we continue theme of  Season Two of our podcast: "Drama is Conflict."For images and more information about this topic, see the blog post on our website:https://www.aithpodcast.com/blog/george-lippard-and-the-election-of-1844/If you enjoyed the show, PLEASE LEAVE US A REVIEW! You can do it easily, right here:https://www.aithpodcast.com/reviews/If you have any questions, inquiries or additional comments, you can write us at our email address: AITHpodcast@gmail.comOr, follow us on Twitter: https://twitter.com/schmeterpitzFacebook: https://www.facebook.com/AITHpodcastTo become a Patron of the podcast: https://www.patreon.com/AITHpodcast

Our property markets couldn't look more different from this time last year if they tried. Gone are the frenzied buyers gripped by FOMO, housing markets in which prices rose by $1200 a day, and auctions that routinely finished millions of dollars over their reserve. Last year's scenario of never-ending price rises has been replaced by rapid-fire interest rate rises (with more to come), slowing or falling prices (depending on your postcode), and a general sense of trepidation. If you're a buyer, do you sit on your hands and wait for prices to fall? Or do you buy now before interest rates and inflation rise even more, reducing your borrowing power and spending capacity? If you're a seller, do you list now and meet the market before prices possibly fall further? Or do you hold off, assuming there will be less for sale in a few months, meaning fewer homes to compete with? In other words, what's the right thing to do now – buy, sell, or hold? That's what I ask leading financial advisor Stuart Weymss, in today's show. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: Here's why now is a good time to buy your next property, with Stuart Wemyss

Robert Petkoff is especially effective narrating Paul Pringle's scathing takedown of the Los Angeles Times and the University of Southern California. Host Jo Reed and AudioFile's Michele Cobb discuss this investigation into the overdose death of Sarah Warren, who was entangled with the Dean of the Keck School of Medicine, Carmen Puliafito. His own editors at the Times didn't want him to run afoul of the University, and with Petkoff at the helm this no-holds-barred account makes for dramatic listening. Read the full review of the audiobook on AudioFile's website. Published by Macmillan Audio. Find more audiobook recommendations at audiofilemagazine.com Listen to AudioFile's fourth season of Audiobook Break, featuring the Japanese American Civil Liberties Collection. Support for AudioFile's Behind the Mic comes from Naxos AudioBooks. Lucy Scott narrates Vera by Elizabeth von Arnim. Lucy Entwhistle and Everard Wemyss, both recovering from recent unhappiness, meet and quickly fall in love. However, over their new-found bliss is the spectre of Vera, Wemyss's first wife who died in mysterious circumstances. After their wedding the couple return home and Lucy really does begin to be troubled by what happened to Vera... Learn more about your ad choices. Visit megaphone.fm/adchoices

What's really going to happen to our property market? Are they going to crash like many economists and market commentators suggest? I recently read a headline suggesting the recent unemployment figures will be the final knockout blow for our housing markets. Now I agree the RBA will keep ramping up interest rates, which will further stunt consumer confidence because, of course, that's what it is intended to do. And yes…property values will fall, but how much will they fall, and how worried should you be? That's what leading independent financial advisor Stuart Wemyss, and I discuss in today's podcast. To make things clear, we are not eternal optimists, and I believe will offer you a realistic view of the risks ahead and the supporting fundamentals. I hope that at the end of today's show, you'll be able to sleep a little better. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: How scared should you be about the property crash ahead? With Stuart Wemyss

Queensland announced changes to land tax in its state budget in February 2022. On 12 July 2022, it released more detail regarding how these changes will be implemented (see here).  Queensland land tax to rise substantially for interstate investors Essentially, when determining an investors land tax liability, the Queensland government will consider the value of landholdings in Australia (excluding principal residence), not just Queensland, and apportion the land tax liability accordingly.  This is best explained using an example Situation: Gary owns an investment property in Queensland with a land value of $800k and an investment property in Victoria with a land value of $1m. Total Australian landholdings are therefore $1.8 million, excluding his primary residence.  Current land tax: Gary is only charged land tax on his Queensland property only at a rate of 1% for the amount above $600k plus $500 (individual land tax rates can be found here). So, Gary's land tax liability is $2,500 p.a.  Proposed from 30 June 2023: The Queensland government will calculate the land tax payable on $1.8 million and multiple this amount by 44% (being the portion of Queensland land versus total land owned Australia wide i.e., $800k/$1.8m). Consequently, Gary's land tax liability will increase from $2,500 p.a. to $7,866 p.a.! Yes, a 3-fold increase!!!  There are some practical challenges If you own an investment property in Queensland and other states, you will have to declare the value of this land with the QRO within 30 days of receiving a land tax assessment or by 31 October 2023, whichever is earlier.  Whether Queensland is able to data match and audit these declarations, is unknown at this stage, but I suspect they will.  What impact will this change have? These changes don't begin until 30 June 2023 and a lot can happen between now and then. I expect the Queensland government will receive a lot of resistance and lobbying.  However, assuming these changes are implemented as proposed, this will have a big impact on investors returns and cash flow. Investors will either need to pass on some of these higher holding costs onto tenants in the form of higher rents or they will divest of their property/s, which potentially means fewer properties available to let. Either way, it will almost certainly result in a rental crisis, particularly in Brisbane.  I don't think it will last My feeling is that this land tax change will be like the Vendor Duty that NSW introduced in 2005. NSW demanded that Vendors pay a duty of 2.25% when they sold an investment property, in addition to the stamp duty that buyers paid. This ill-conceived tax was scrapped only a matter of months after it was introduced.  If the Queensland land tax changes do come into force on 30 June 2023 as proposed, I think the government will be forced to abolish them relatively quickly as the Brisbane market relies on interstate investors. Strong population growth means that Brisbane needs more accommodation, not less.  Therefore, at this stage, my advice to investors is to hold tight. Do not react to these changes just yet. 

 Superannuation returns for the 2021/22 financial year were mostly negative. However, we shouldn't forget that the previous 18-month period (i.e., mid-2020 to the end of calendar year 2021) was stellar, so we must keep a longer-term perspective. And the winner is… The table below sets out investment returns for the largest 8 industry funds based on a Balanced investment option (data provided by research house, Lonsec). The table is sorted by 1-year returns, highest to lowest for the financial year ended June 2022. Hostplus achieved the highest return – more about this below.  TABLEI have selected the relevant pre-mixed investment options that have between 60% and 76% of assets invested in growth assets e.g., shares. This is defined as a Balanced asset allocation. You will note however that some super funds don't use the Balanced description – some call the option Growth or Core and so on. This highlights that it is important to not rely solely on an investment option's name. Instead, it is important to examine the actual asset allocation of the option you are considering. Click here to view a similar comparison for a Growth investment option. Beware of unlisted assets valuations (or lack thereof) One of the concerns I have with some of these industry super funds is their lack of transparency, particularly with unlisted investments, as I discussed here last year. Transparency invites more accountability, which is a positive attribute, especially when investing is concerned. That is why I'm so attracted to rules-based and evidence-based investment methodologies – they are completely transparent. Transparency allows stakeholders to make better assessments as to an investment portfolios inherent risks and therefore likely future returns. Transparency reduces risk too because there's nowhere to hide fees, risk or underperformance. I read with great interest this article in the AFR on 20 July 2022. The article suggested that two super funds held an interest in Australian technology company, Canva. These super funds (Hostplus and Aware) adopted two different valuation approaches for their shareholdings as at 30 June 2022. Aware reduced its valuation, as technology company valuations have fallen substantially through the first half of 2022. However, Hostplus didn't amend its valuation. Stripe is a large unlisted US technology company (like Canva) and it reported a 28% lower valuation in July, so it seems unreasonable (unethical) that Hostplus hasn't adjusted its valuation. Coincidentally, Hostplus was the only fund to report a positive return last financial year. Read into that what you will. Members may eventually payIn July, the super fund regulator, APRA indicated that it would crack down on valuations of unlisted investments, but it could be too late for some members. Most super funds are unitised investments which means that the fund calculates the value of members units each day. If a fund has overvalued an investment (which means unit prices are overvalued too) and a member leaves the fund, it will mean they will receive a higher payout (rollover) than what they would otherwise be entitled to if the investment was valued correctly. In this case, the remaining super fund members are left holding the bag i.e., they will wear the full impact of the eventual d

Mark Stephen and Euan McIlwraith present Scotland Outdoors

Strategic property investors plan for the long term and therefore theoretically should be immune to the ups and downs of the property market. However, the grinding reminders of the economic challenges we are facing can be a harsh test of character for even the most experienced investor. There is continual news about rising inflation and higher interest rates and how this could lead to a significant downturn in our property market. So how can property investors prepare for the possible turbulent times ahead? That's what I'm going to be asking leading financial advisor Stuart Weymss, in today's show. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: Here's how property investors prepare for turbulent times, with Stuart Wemyss

Are you considering transitioning from residential to commercial real estate investing?  How do you enter this industry? What are the types of commercial properties? When is it a good idea to invest in commercial real estate? In today's show, we are joined by Stuart Wemyss, author of the best-selling book Investopoly. We discuss the opportunities and risks in commercial real estate, what type of investor is best-suited to investing in commercial property, how to assess commercial property, and more! If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at questions@theelephantintheroom.com.au! See you in the episode! Episode Highlights: The misconceptions around commercial property [01:35]  Types of Commercial Real Estate: Retail property [04:24]  Risks around retail properties [07:35] Types of Commercial Real Estate: Industrial property [11:06] Types of Commercial Real Estate: Office [15:26] Commercial vs Residential property [17:49] Considering your stage of life when looking at commercial properties [20:44] The mistake of thinking too much about income [26:28] Building different asset bases [28:50] Real estate syndication risks [31:51] When to consider investing in commercial real estate [35:38] Why business owners miss the opportunity to invest in commercial [41:02] The value in building a relationship with your tenants [43:36]  Why commercial property investing is complicated [47:45] Who should invest in commercial real estate? [51:48] The right amount of resi in a portfolio [54:01] Stuart's property Dumbo [57:15] Links from the Show: Visit Investopoly Website Ep 39: Where can you get excellent financial & property advice? Ep 126: Lending rules & predicting the property market Ep 162: Houses vs Apartments About our guest:  Stuart Wemyss is a qualified chartered accountant, independent financial advisor and mortgage broker with over 20 years experience. He founded his business, ProSolution Private Clients in 2002 and has helped hundreds of clients invest successfully. Stuart is licensed to provide financial, credit and tax advice which means he is able to give holistic advice. He has published four books including Rules of the Lending Game and the best-selling, Investopoly. He is a regular contributor to The Australian newspaper and other TV, radio and print media. Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: hello@wealthful.com.au  Send in your questions to: questions@theelephantintheroom.com.au   Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/225 If you've enjoyed this episode, don't forget to like, share, rate and subscribe for more! See omnystudio.com/listener for privacy information.

If you've been listening to my podcasts or reading my blogs, you'll know I have a number of rules and frameworks to help my property investing. By having these it takes the emotion out of investing and makes the results more predictable, but what's the most important golden rule of property investing? That's a question I'm going to ask today of leading financial advisor Stuart Weymss, who's written a book about the golden rules of investing so let's see which rules have stood the test of time. The Golden Rules of Property Investing What's the most important factor in your property investment success? Well according to leading independent financial advisor Stuart Wemyss the most important rule is the quality of your assets. But what does this really mean and can really be as simple as that? So, let's start with the obvious question - what does quality mean? Quality really means that a property will benefit from excessive demand. What investment-grade means The Supply-demand equation Limited supply Demand is diversified Look for properties that attract buyers that can and are prepared to pay more because of their higher incomes. Factors that drive demand. Amenities. This includes necessities such as supermarkets, family doctors, dentists, etc. Equally important are entertainment amenities including cafes and restaurants, entertainment venues, parkland including running and bike tracks, and so on.   Proximity to employment opportunities. There will always be substantially better employment opportunities in large capital cities for most industries. Schools. This can include sort after public school zones as well as desirable private schools. Proximity to schools can contribute a lot towards capital growth. Culture/community. It's a positive attribute for a location to have a good community vibe/feel. This is often present in local shopping strips and the mixture of businesses adds a lot to this attribute. Some inner suburbs lack this and it's to their detriment. Healthcare. Proximity to hospitals is important to some buyers, particularly older folk. Transpor This includes good public transport easily within walking distance as well as major arterial roads. Neighborhood Well also discuss playing the long game. Short term profit does not create long term value Three reasons short-term opportunities are inferior Risk-based returns Compounding capital growth Taxes Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: Is this the most important Golden Rule of property investing? With Stuart Wemyss Some of our favorite quotes from the show: “Of the properties on the market at the moment, in my mind, there's probably less than 5% that I would class as investment-grade.” – Michael Yardney “Even when you buy a home, for most people it's not their final home. It's not their forever home, so they should still think like an investor.” – Michael Yardney “Enjoy the journey, because if you don't enjoy the journey, you're not going to appreciate the destination when you get there.” – Michael Yardney PLEASE LEAVE US A REVIEW Reviews are hugely important to me because they help new people discover this podcast. If you enjoyed listening to this episode, please leave a review on iTunes - it's your way of passing the message forward to others and saying thank you to me. Here's how

Lisa chats with Tom Wemyss of PurePoint Energy about the practical applications of solar energy. Photo: iStock / Getty Images Plus anatoliy_gleb

3/23/22 - Eviction Help And Tom Wemyss PurePoint Energy by The Lisa Wexler Show

On today's I'm CraZy But You Can't Lock Me UP Podcast, Episode #53 How To Get Noticed on Linkedin? - Debbie Wemyss! About Debbie Wemyss Debbie is your Linkedin Specialist that gets you and your business on the right track to get you noticed, hired and living the life you have been dream-working so hard for. Debbie Wemyss (weemz) from South Florida, Founded DW Consulting Solutions LLC in 2011 to fill a void in social media offering expert coaching on using LinkedIn as a powerful branding and marketing tool. Now celebrating 10 years coaching over 800 individuals and hundreds more through workshops and global speaking engagements, the DWCS Team now has clients in 21 countries and offers customized LinkedIn Coaching and Speaking engagements for Corporations, Individual Professionals, and Professionals in Transition. All services are available in English, Spanish, and Portuguese. Contact Debbie Wemyss DW Consulting Solutions +1 561-444-2265 debbie@dwconsultingsolutions.com www.dwconsultingsolutions.com www.linkedin.com/in/debbiewemyss www.facebook.com/dwconsultingsolutions About Lyn-Dee Eldridge About Lyn-Dee Eldridge Lyn-Dee Eldridge is your (CHO) Chief Happiness Officer/Founder of Happiness Jungle LLC. Entrepreneur Mentor, #1 Best-Selling Contributing International Author, Keynote Speaker, Breast Cancer Survivor, Humorist, Co-Brand Partner with Les Brown, Creator/Producer/TV and Radio personality. The Host of, ‘I'm CraZy But You Can't Lock Me UP' Podcast and The Creator of the Happiness Jungle Emotional Support Body Pillow™ and Cuddle Me Love Body Pillow™. When your cookies crumble like Lyn-Dee's has; cancer, abuse, divorce, grieving, single, co- and step-parenting, becoming a care-taker, business owner, and dealing with financial pressures, aka, bankruptcy, you can learn how to work through everything with a happier, more positive attitude and purpose. She has been able to scale, measure and add value by turning her cookie crumbs into opportunities for growth and empowerment. Connect with Lyn-Dee Eldridge Website: www.cuddlemelove.com Website: www.happinessjungle.com Facebook: https://www.facebook.com/HappinessJungle/ Facebook: https://www.facebook.com/coachlyndee Facebook: https://www.facebook.com/ImCraZyButYouCantLockMeUP Instagram: https://www.instagram.com/happinessjungle Linkedin: https://www.linkedin.com/in/lyndeeeldridge/ youtube: https://www.youtube.com/c/LynDeeEldridgeHappinessJungle #ImCraZyButYouCantLockMeUP #debbiewemyss #linkedin #getnoticed #happinessjungle #lyndeeeldridge

It isn't normal for a scotch brand to be able to trace its roots back to actual Celtic nobility, but Wemyss is no ordinary whiskey! Diana Novak joins us in the whiskey society and takes us through the most delicious history lesson that anyone could ever hope to drink! Each of these blended scotches boast their own unique, bold scents and flavors. Be prepared to run the spectrum from delicious fruity notes to beautifully spicy peated ones!--What We Drank:HiveSpice KingPeat ChimneyKiln Embers--Follow us:spiritguidesocietypodcast.comfacebook.com/spiritguidesoctwitter.com/spiritguidesocinstagram.com/spiritguidesoc--"Samba Isobel" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License http://creativecommons.org/licenses/by/3.0/

In this episode, I discuss the other, non-Gaelic ethnic groups that, along with Dal Riata, were the foundation of Scotland.  Which clans claim descent from them?  In the southwest of Scotland, from around the Loch Lomond area down through Galloway were the Britons of Clyde Rock (later of Strathclyde).  In the eastern Lowlands, the Germanic Angles established themselves at the expense of the earlier Britons and Picts.  North of the Firth of Clyde/Forth line and east of Drumalban were the Picts, who spoke a language relating to the Britons.   There was so much mixing that we shouldn't get too caught up with the concept of someone being a pure Picts or Gael, Briton or Angle since there wasn't such a thing, at least not concerning their ancestry.  A quick look at a list of any clan's chiefs and who they married will dispell the idea of purity.  The language issue would have been a different story, but that was fluid over time.  With that said, it is interesting to know the origins of clans and what their ethnic background was.  That's the reason behind this episode.  As I looked into the origins of individual clans, unless I could clearly see that there was a Norman or Viking ancestor, I assumed an origin corresponding with the original ethnic group dominant in that particular region of Scotland. British clans might include Wallace, Muir, Cathcart, Cunningham, Douglas (unless the claim of descent from Freskin is accurate), Carmichael, Carruthers, Scott, Johnstone, Armstrong. Clans with a possible Angle origin are Lockhart, Gordon (maybe), Rutherford, Nesbitt, Turnbull, Home, and Dunbar. Clans who may descend from the Picts include Forbes, Sempill, MacDuff (and by virtue of the MacDuffs: MacIntosh, Shaw of Rothiemurchus, Farquharson, MacThomas, Wemyss and Scrymgour), MacNaughten, Brodie, Eliot, and Ogilvy.

Here we take a look back to the first Gaelic kingdom in Scotland and their tribal origins.  I discuss the leading kindreds of Dal Riata: Cenel nGabrain, Cenel Loairn, Cenel nOengusa, and Cenel Comgaill.  How do the clans of Scotland that we are familiar with tie back to these tribes?  Is it from these kindreds that Scotland was to inherit their kin-based society? Dal Riata occupied the territory that today is called Argyll, Lorne, and the Inner Hebrides.  Their kings were centered on Dunadd.  Their kin-based society may have been the source for that characteristic in the later kingdom of Scotland.  The Vikings were probably the cause of the end of this kingdom.  Rather than just give up, the leading kindreds of Dal Riata moved east.  They had already intermarried with the Pictish royal families.  This combined lineage produced the kings of the kingdom of Alba.  The MacDuffs claim descent from this fusion of royal houses.  Clans that claim descent from the MacDuffs include several from Clan Chattan (Macintosh, MacThomas, Shaw of Rothiemurchus, and Farquharson), Wemyss, and Scrymgour.