Refinancing a home is a practical financial decision for any homeowner, but it could initially be an overwhelming task. However, it’s not as overwhelming as people make it appear. There are ways you can make the process easy, well away from red tape, confusing technicalities and a whole lot of ... Read more
DID YOU KNOW… about non-bank lenders?
Deciding where to go for your home loan is one of the most important decisions you’ll make. While many prospective property owners will choose to use a mainstream lender, non-bank lenders also have their advantages. WHAT ARE NON-BANK LENDERS? Essentially, a non-bank lender is a ... Read more
What Types of Commercial and Business Loans are Available?
There are a variety of commercial loans available to businesses. These include short and long-term loans, unsecured or secured against real estate property, equipment or other assets. Loans can also be tailored according to the type of customer, for example small and medium enterprises (SME) or ... Read more
What Story Are Your Financials Telling You About Your Business?
In my previous experience working as an accountant I have met many passionate, energetic and charismatic business owners and entrepreneurs, who had a strong ability to generate sales, lead people and generate business opportunities. Then why did some of their businesses struggle ... Read more
DETERMINE YOUR BORROWING CAPACITY FOR PROPERTY INVESTMENT
THE FIRST STEP IN SUCCESSFUL PROPERTY INVESTMENT IS UNDERSTANDING YOUR FINANCIAL POSITION AND BORROWING CAPACITY Investors need to have a clear understanding of what their goals are before investing in the property market if they are to maximise their chances of success. This will include ... Read more
How To Save
Many of the financial ‘gurus’ out there who try and lure you into subscribing to their dogma and purchasing their financial ‘aides’ will tell you that you can start investing today, without any savings. They often promote the notion of making money using other people’s money (OPM). They are half ... Read more
6 Reasons Why People Don’t Invest
Superannuation When I speak to my clients, the No. 1 reason for why they hadn’t started investing sooner is their faith that superannuation will provide for them during retirement. let it suffice to say that superannuation is designed to meet the basic level of human needs. The Labor government ... Read more
SMSF
A relatively new investment vehicle that is gaining popularity in Australia is the self-managed super fund (SMSF). SMSFs are an exciting and credible avenue for investment that you can explore further. Below is a brief introduction to SMSFs. First and foremost, SMSFs are not exclusively for the ... Read more
Market Cycles
Many novice investors are unaware that a market cycle exists, and many professional investors wish they had never heard of it. The market cycle is the natural peaks and troughs of the market as money moves in and out of the economy. The reason professional investors hate market cycles is because ... Read more
Credit Report
Your credit report contains your credit history information. It is designed to give credit providers (such as banks, financial lenders, telcos and utility companies) access to your credit history to assess your suitability for a loan or credit contract. Watch the KDM Credit Report video below for ... Read more