Previous Q&As

Last Year I was Laughing, Today I’m Crying.

Hi Scott, I’m in hot water. A year ago I had two properties in Karratha that were going strong — I was receiving $1,300 a week in rent EACH. Fast forward to this year and they only pay $400 a week each. The mortgages are $600k each but if I...

Read More..

The $154,470 Phone Call

Hi Scott You were right. I finally got around to looking at my super fees, it turns out that my wife and I pay on average 2 per cent admin fees to underperform the market with only a 7.6 per cent return! We have now switched to a low-cost fund,...

Read More..

Should I Walk Away from a $700k Profit?

Hi Scott, In 2011 I purchased $85k worth of shares in a company called Astra Resources — have you heard of them? When I purchased them, I was told by a broker that they would be listing on an overseas stock exchange and I’d be looking at making a serious...

Read More..

All Aboard!

Hi Scott, I had to write to say thank you for the inspiration — your comment to Harry that at 52 he still had 20 years to build a significant estate was a lightbulb moment for me. For those of us who feel we’ve missed the boat wealth wise, your...

Read More..

Time to Get Conservative?

Hi Scott, I currently hold Fortescue shares but I’m thinking of buying into something a little more conservative. I also have CBA and Westpac, and I’d be happy to increase my holdings in both for the long-term growth and healthy dividends (which I reinvest). Another idea is to sell Fortescue...

Read More..