My Personal Economy

It's Tankerville For The US Economy

Will thinks the US economy is going to tank, in this episode he gives his reasons why he thinks this.

1.35 Money is made out of thin air!

2.00 Money creation give liquidity to the economy

2.35 Everyone was doin it🤪

3.00 China and the trade ware

3.20 Quantitavtive tightening

4.00 Gold is ske rocketing 🚀🚀🚀🚀

4.45 There are no experts

5.15 The velocity of money

6.40 Wages haven't increased

 

Will Bell Mortgage Broker is a mortgage and finance broker based in Melbourne specializing in residential home loans.  Will is all about the average Australian understanding just enough of the broader economy to take action on your own personal economy.  He is the host of the My Personal Economy Podcast which you can check out here

Before you go, check out my blog too

Additionally, you can follow him on Facebook

Negative Interest Rates

On this episode I discuss the IMF giving the green light to move interest rates deeply into the negative and discuss what the future might look like for the economy.

You can view the IMF paper here

 

1.00 IMF working paper on negative interest rates.

2.10 Negative interest rates is a bad idea.

2.50 US recession

3.00 Will switched his super investments to defensive

3.30 US tax cuts and share buy backs

4.00 It's part of the cycle

4.40 Property and share markets will boom

5.00 The most money will be made and lost in the last 10 years

5.20 The gap between the rich and the poor in America will continue to widen

5.50 Bye bye cash

 

 

 

Will Bell Mortgage Broker is a mortgage and finance broker based in Melbourne specializing in residential home loans.  Will is all about the average Australian understanding just enough of the broader economy to take action on your own personal economy.  He is the host of the My Personal Economy Podcast.

If you would like to get in contact click here

Additionally, you can follow him on Facebook

https://willbellmortgagebroker.com.au/2019/08/negative-interest-rates/

 

Look out, it’s a war on trade

We’ve had tumultuous times with American and China still failing to sort their relationship issues out and whilst it’s helping the share market look good there’s this dreadful sense that it’s about to all come crashing down.

How to repay your home loan faster

In today's episode I discuss repaying your home loan faster.

Negotiating a property purchase

I've been approached several times in the last a couple of weeks for some tips on negotiating a purchase.  I'm no real estate sales person but over the years I've stepped in and helped a customer or two out.

In today's episode I share a little of what I've learnt.

APRA releases hand brake

I talk about the hand brake in our economy being released by APRA, why it even happened in the first place and what it will mean to the average guy or girl on the street moving forward.

 

Enjoy,

Will

The change in credit reporting laws most people are unaware of

Over the past few years the government have been quietly going about their business changing legislation in this area giving organisation’s such as banks more access to your personal credit information.

The process is known as comprehensive credit reporting.

Interest Rate decreases again to record loan

Today the big news is interest rates have been cut again by the reserve bank. 

If you listen to mainstream media interest rate cuts are good and interest rate rises are bad.  As with most things in mainstream media, there’s more to this story.