This looks like a step in the right direction! 

I hope many schools adopt it into their curriculum's and run with it.

It’ll be sanitized to the extreme but it’s a start at least and if the kids can leave school knowing ANYTHING about money, they’ll be a hell of a long way ahead of me!

New article by Graeme Fowler below team.

As always, well worth the read.

You’ll recognise many of the alignments in messages in this to what we constantly bombard you with, particularly ‘if it makes sense now, buy it now’, and his love and trust for the media and commentators.

Enjoy! 

The Absolute Absurdity of Paying any attention to House Prices or what’s in the news (June 2020).

Here are a few headlines from various news articles, most of them over the past year or two.

1. Rotorua house prices up more than 25%

2. Rotorua - House sellers cash in, making median $200k as capital gains reach record

3. Tight Hamilton housing market pushes property values up

4. Hamilton’s house prices keep rocketing up

5. Fierce competition for Hamilton homes means prices likely to rise

6. Asking prices for Waikato homes increases 74% in five years

7. Waikato’s median house price climbs $60,000 in a year

8. Tauranga out-ranks Auckland as NZ’s most...

Original article from Mortgage Supply Company HERE

Kelvin Davidson from Corelogic shares the good oil on what's happening right now in the New Zealand property market. Check it out! 

Check out the legendary David Windler giving a market update in this ever-changing finance environment! 

Here's all the good oil. 

When you are ready, here’s how we can help you succeed:

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Original article HERE from our partners at Mortgage Supply Company

You may have noticed in the media a lot of noise lately around the LVR restrictions being removed completely by the Reserve Bank of New Zealand until 1st May 2021, due to the economic fallout from COVID-19. There's a good reason for the media buzz too - this change marks the end of nearly 7 years worth of LVR restrictions, and has the potential to make home-buyers lives a lot easier when it comes to taking out a bank home loan.

However, there's a lot more to the whole picture than a free-for-all of lending for the next 12 months. Just because banks can lend without restriction doesn't mean they will, and taking out a loan with a low deposit still goes hand-in-hand with a significant amount of risk if not properly planned.

We've put together this blog to hopefully clear up any frequently asks questions around the removal of LVR restrictions, and explain what it really means for Kiwi home...

Original article Here

In reaction to the speculation that the official cash rate and OCR may drop below zero in the months to come and the bid to win the business of Kiwi home buyers as the country recovers from COVID-19, we've seen the banks enter what looks like an interest rate war.

In fact, just last week ASB made the move to offer a record-breaking low two-year fixed rate of 2.69%, and Kiwi Bank responded to the forecast change by offering a one-year rate of 2.65%. These rates have literally never been seen before, even considering back in '08 after the GFC when interest rates plummeted by around 3% (from 8.6% to 5.9% fixed) the competitive and reactive environment we're witnessing now is utterly unprecedented.

So what's the reasoning behind the extremely low interest rates and New Zealand Bank wars? Well, ASB executive manager of retail banking, Craig Sims, stated;

"This has been a difficult time for a lot of our customers. While we have put in place a number of support...

ORIGINAL ARTICLE HERE

Stuff's series How I Made My First Million talks to millionaires about how they got there. This week, it's property investor and coach Steve Goodey.

How did you make your first $1m, how old were you?

Looking back it would have been in my mid-30s.

I started buying houses to keep them as rentals in my early-20s, well before I'd bought a house to live in myself. I think the first house I bought to live in myself was my fourth property purchased.

I sold that first owner-occupier home to buy the second, which I still own and I'm currently living in my third home.

In the last 20 years I think I've bought and sold, traded, or renovated about 3000 houses, some for myself but most for clients whom I've coached.

You never really wake up one day and say "Oh wow I'm a millionaire" it's more likely you do a lending application that asks you for your assets and liabilities and the number under the heading "Total Assets"  has the second comma in it for the first time.

...

The most comprehensive and complete training resource for property investment success and enabling your... Security. Legacy. Freedom.

Click here to watch the video now

www.assetlabmasterclass.co.nz

This program contains everything you need to get you to the finish-line regardless of where you are starting today!

Whether you are just beginning your journey or you are a seasoned investor, AssetLab's Masterclass has got you covered from the basic fundamentals and skills to help you develop your understanding and de-risk your first venture, right through to highly complex tactics and strategies to take advantage of all that property development has to offer.

As if that wasn't enough, you become part of a vibrant, active, supportive community of investor who LOVE sharing information, updates, case studies, and helping you get to your goals! We really do have you covered!

There is a stack of reasons why we, at AssetLab, love property as an investment vehicle so much!
In this video training Phil covers our Top 10. 

Any questions? Ask away on the Facebook Forum.

Enjoy!

Arn, Phil, Sally, James and Janine.

When you are ready, here’s how we can help you succeed:

Join our Facebook page for free training, updates, and chat.

Join us at an upcoming course or workshop. Subscribe to stay in the loop or check out our homepage: Events on our Homepage.

Get in touch for a chat about how we can help you with our selections of programs and coaching options.

Check out the incredible value in the Assetlab Masterclass HERE