Wealth Creation

I’ve just read something interesting I thought I’d share with you.    

It’s the latest report on Residential Property Prospects – 2008 to 2011 from the leading economic forecaster BIS Shrapnel.      

House prices are tipped to rise in this new financial year due partly to the fastest population growth Australia has experienced in decades. This increase in growth has even outweighed the effects of recent interest rate rises.  

The report said our residential property markets would experience marginal growth in prices in 2008/09 as the population was expected to increase by 1.5 per cent, its highest level since the late 1980s.  Read the rest of this entry →

I’ve just read a really exciting report from BIS Shrapnel (the leading economic forecaster) regarding the outlook on housing.

Well as an investor it got me extremely excited…if you are not currently active in investment property, you’d better get your skates on.

According to Shrapnel’s chief economist, house prices are expected to increase by up to 40% Australia wide during the next five years.

Now we currently have a situation where demand for housing is higher than the available supply. Affordability is also at an all time low with most investors already benefiting from booming rental prices as a result. Read the rest of this entry →

Do you know what the highest paid job in the world is?

Not only can everyone apply, but everyone can do it…  

The answer is: A Negotiator. 

Now I’m not talking about the negotiator who gets the bad guy to release the roomful of hostages, this is so much easier than that.    Read the rest of this entry →

Why would anyone want to bust their butt, fixing up run-down houses?

The answer is simple: For Very Fast Profit!

If you really want to accelerate your equity and property portfolio growth, you need to apply a buy, fix up and hold, investing strategy.  Read the rest of this entry →

The wedge pattern has two converging trend lines similar to the symmetrical triangle. It generally signifies a possible trend reversal.

Wedges differ from triangle formations in that they are usually a longer term pattern and the trend lines can slant upwards or downwards.

There are two types of wedges: Falling and Rising. Read the rest of this entry →

Upper and lower trend lines are not always parallel, however when they are and the price is caught between the two, a channel is formed. 

Stock prices move up because the demand from buyers is greater than the supply of stock from those wanting to sell.

Likewise, when there is more supply than demand, the stock price will fall. Read the rest of this entry →

Triangles are one of the most commonly found and widely used chart pattern. These formations represent a continuation in trend or possible reversal depending on the pattern and where they are situated in the longer term trend.

How do Triangles work?

When trend lines are narrowing we have a triangle formation. The price movement bounces between each trend line until it is ’squeezed’ or consolidated before it breaks out. Generally Triangles are looked at as a continuation pattern. Read the rest of this entry →

This chart shows the completion of a Symmetrical Triangle Pattern on our All Ordinaries Index back in 2006.

What I’d like you to note about this chart is that the previous day’s trading represented the completion of the Symmetrical Triangle Pattern that the All Ords had been establishing for the previous 5 months. The market broke out of the triangle in an upward direction. That told us that there was still plenty of buying action in the market. Read the rest of this entry →

Without stating the obvious, we know that until last November we have been trading a consistently rising Stock Market.

But the months since then have been difficult for new traders and even those of you who have been successfully trading with the basics.

Many of you have wondered where you are going wrong, while others are making consistent profits when everyone else is running the other way.  Read the rest of this entry →

Flags and Pennants are among the most reliable of continuation patterns.

The only difference between the two patterns is that the Flag represents a rectangle marked by two parallel lines. These lines slope against the prevailing trend. The pattern looks like a flag with a mast on either side. 

Flag patterns result from price fluctuations within a narrow range and mark a consolidation before the previous trend resumes. Read the rest of this entry →