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The Complete Guide to Property Investment: How to survive & thrive in the new world of buy-to-let

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Read my full article on this. Principle #2: Anything you own is either to “Protect” or “Expand” your wealth Why do I emphasise the part about leaving you wanting more? Surely the best books on buying property for beginners would cover absolutely everything that can be learned in advance? Written by Wendy Whittaker-Large, this book spells out how investing can create long-term wealth and financial freedom. This will have delivered significant capital gains for the owners of those properties. Depending on their individual tax status, and whether the property was their primary residence, these capital gains could even be exempt from capital gains tax.

This is a radical oversimplification, of course, and I own plenty of financial assets. But if you read most personal finance advice you’d think they’re the only type – which cuts you off from some of the most valuable assets you can own. Principle #10: Your finances are a reflection of your personal habits Markets are the aggregation of millions of individual human actions. Humans act as a herd, and whip each other into bouts of unjustified mania followed by woe-is-us pessimism. No fancy equations can overcome these tendencies. There are many different investing strategies and styles employed by investors all over the world, each with a different group of supporters. Yes, where you start out in life matters a lot. And sure, many CEOs and billionaires are excessively driven by their work to the detriment of other parts of their lives.

Correct. Yeah. So if your earnings go up in line with inflation but your debt stays the same, then it becomes easier for you to pay that debt off in the future. So it’s great if you’ve got debt. And who’s got more debt than anyone else? The government. As Marketing Director of Property Hub, Rob is responsible for producing outstanding educational resources, then spreading them to inform and inspire as many investors as possible. However, the difference here is that the writer explains that the key to making the most amount of money from any property is to magnify the house’s value to its maximum. Money is created when loans are made. The amount of debt has gone way up, which means there is now loads of money, loads of debt. And it’s kind of got to a point where it’s not sustainable. Whether you want to invest in a buy to let property or begin developing or renovating an old home to rent out, there’s a book to cover every niche question you may have.

Absolutely. Now, Rob, tell us about your experience as a landlord and the kind of lessons that you pass on to people who are aspiring to get there. If you do, then by all means time the market. If you don’t, don’t. Principle #9: Financial assets are the least valuable type It’s rational to tilt the balance of your investments between “protection” and “expansion” depending on what’s happening in the markets. You don’t want to be expanding when assets are expensive and primed for a fall. You don’t want to miss opportunities by being cautious when there are bargains all around you. Money is basically a fiction that everyone has chosen to believe in. At least that’s what today’s Money Clinic guest Rob Dix believes. Rob is a professional investor, podcaster and author who has spent the last 10 years building up a national business as a private landlord and property investor. His latest book is called The Price of Money: How to Prosper in a Financial World That’s Rigged Against You. Now it isn’t just a guide for people wanting to get a grip on their investments. It also explains how the global monetary system shapes our everyday personal finances.Well, Rob, I’m glad that you’re not worried. It’s been wonderful gathering through all of the ideas that you’ve got in your book, The Price of Money: How to Prosper in a Financial World that’s Rigged Against You. Hopefully we’ll all have a bit more time to prosper from it. Your ideas are really, really interesting. Thanks for coming on the show. OK. Well, to return to the question that we asked at the start of the podcast, money is just a fiction that everyone has chosen to believe in. Now, with all the issues right now, Rob, in the financial system, do you think there will come a point where that faith in the financial system will be shaken or even lost? Asset allocation – or “knowing what mix of stuff to invest in” – is something investment professionals debate endlessly. We non-professionals can ignore most of it, and focus on the underlying reason why we might hold a certain asset. There are only two choices:

This book is one of the all-time bestselling property investment books with more than 60,000 copies being sold. It has now been revised and updated and shows readers how to find an excellent investment opportunity and then how they can fix it up and walk away with a profit. Through your interest that you’re receiving. And that’s not been the case since 2008. So for that whole time, you’re guaranteed to lose money by keeping it in the bank, which is not great. So if you’re saving up for a house, then you’re kind of your, it’s gonna be getting harder and harder to save if the money you have saved is losing value. The other part of it is because of quantitative easing, which happened in the wake of the last financial crisis . . . Make use of your scepticism when you come across a brand new property books. Be curious! Wonder : "Is this book trying to teach, or convert?" Hmm. Well, I mean, certainly there are many things in it that fascinated and surprised me. But let’s talk about your journey towards becoming an investor because you started investing your spare cash at really quite an early age. And that developed into an obsession, in your own words. So tell us how it all began.

Perhaps the most intriguing aspect for a property developer is the promise that with just five properties, or fewer, an investor can deliver a life-changing income so they can give up their job to do what they choose to do. You will learn: Some will have you nodding immediately. Others will challenge your existing beliefs. Look out for those you instinctively disagree with: those are the ones with the greatest potential to improve your own thinking by making you consider a different point of view. Principle #1: There are three levers you can pull to improve your finances

You can hear Rob along with co-founder Rob Bence every week on The Property Podcast. Rob Dix’s most popular property books The Complete Guide To Property Investment You think it would be nice and it would be for a little bit. But what would happen? Our prices would immediately have to increase. The price of everything would go up because otherwise . . . Financial Assets, like shares and bonds, don’t have either of these advantages. You can only buy them by swapping them for another asset (commonly cash), and their values leap around depending on investors’ whims. The best investing books come in two main styles; those that offer facts, data & information and those that offer an opinion. Both are incredibly useful - but we need to be able to identify which books are which.

Rob Dix’s most popular property books

Well, yeah, a career. And in broadcasting too. And one thing I ask everyone, Rob, who comes on the show is: what’s your earliest money memory? In The Price of Money, a leading investment expert explains what's changed - and what you should do now we're here. You'll learn why currencies the world over have lost 99 per cent of their value, and how to use future declines to your advantage. You'll understand how the government can produce hundreds of billions out of thin air, and which investments benefit when they do. Most importantly, you'll be shown what's coming next - and how to position yourself to gain rather than suffer.

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