On behalf of the Star Dynamic Property Investments Team, we would like to wish you a Very Safe and Happy Holiday Season.

May this year bring new happiness, new goals, new achievements and a lot of new inspirations in your life. Wishing you a year fully loaded with happiness. Wishing every day of the new year to be filled with success, happiness, and prosperity for you, happy new year.

Wishing you a Happy New Year with the hope that you will have many blessings in the year to come……

G’day all

Friday the 13th!  Look out!  Now, I am certainly not superstitious, but I know a lot of people are, so careful around ladders and black cats today hey…hehe

Hoping all your Christmas parties and catch ups are going well this time of year, we have one later today, looking forward to that, and our official Star Dynamic Christmas party next week!

This will be our last newsletter for the year, so you can all focus on your Christmas and family, and I would like to wish everyone a very Merry Christmas from all of us here at Star Dynamic!

I was reading two articles this week by two huge mentors of mine in the property industry – Dymphna Boholt in Oz and Dean Graziosi in the US.  Both were writing about the mindset of money and how much impact this has on us and our success and it really got me thinking…

Dymphna even went on to say she was talking to one of her students, discussing their goals and aspirations and the student was insisting that they wanted the money, to help their parents pay their mortgage, help a friend start a business, start a refuge for abandoned horses etc… which are noble goals… thing is this person couldn’t pay their rent and was living off credit card debt, hell, one medical emergency away from bankrupt.

See, what Dymphna is trying to explain to her student, and also what Dean was explaining, is that generally it is that WE do not feel worthy of money or success, so we develop a ‘money messiah complex’.  We want to get rich so we can help everyone else…save everyone so to speak – not for us, because making money for us is bad…

The issue here is that this never works.  Firstly, without a mindset that allows you to be comfortable to gain wealth YOURSELF, you will never actually have enough to help anyone…

Further, by continually looking to ‘save’ people you are entering the Drama Triangle as the hero, always thinking the other person is a ‘victim’ and requires saving.  This can never end well, and oftentimes ruins relationships etc. 

I can’t do a deep dive into the Drama Triangle here, would take too long, but it is a brilliant concept to help avoid conflict in relationships – reach out if you would like more information on this, I can send it through.

I know I have touched on this subject before, but even in this period just before Christmas, be conscious of your money mindset.  Do you feel you are worthy of success, of wealth?  Or are you thinking that you are simply working hard ‘to help everyone else’ not for yourself? 

Be conscious of trying to ‘save’ people.  Don’t get me wrong, giving is one of the most rewarding experiences in this world, and it is incredible to be able to give to others.  I have found the ability to help others, more rewarding than anything I have ever done.  But to do this right, you must also be secure within yourself, confident and comfortable that you are in a good position to be able to help others.  Not trying or wanting to play the Hero…

As a recent Virgin Australia airline steward mentioned to me last week – “ensure to fit your own mask first, before helping other guests…”

Merry Christmas everyone and Happy Investing…!!

Cheers,

Lindsay

One of the certain aspects of Global Investing is going to be the need for Foreign Exchange to transfer funds to other currencies and countries. It is absolutely something you need to consider and ensure to allow for costs and charges when doing so.

The banks are generally the most expensive options and I certainly would not recommend this.

We’ve partnered up with award-winning Australian based currency brokers SendFX to enable our Star Dynamic family to make significant savings against the banks, and I have found the process to be one of the most streamlined I have used from all FX companies:

• Exchange rates up to 8x cheaper than the banks
• No transaction fees or charges
• Personal account manager
• Forward contracts to secure USD rates
• Free consulting on USD transactions
• 5 Star Reviews on Trust Pilot
• ASIC & AUSTRAC regulated

If you need to send funds, here is a link to get a quote, compare and see what you think. Another massive advantage is the ability to lock in rates when they are high, have a chat with them today, can save you thousands on your next transaction!

G’day all

So, here we go…last couple of days of Spring before we launch ourselves into our Aussie Summer!  Wow!  What an awesome time of year.  I love this time of year! 

December is crazy, Christmas lead in – did I tell you I used to work in hospitality? Man, that’s the definition of crazy. Shout out to all those in hospitality over this period, and for the rest of us, let’s be patient J

Once we hit Christmas though, I find the period between Christmas and New Year, such a relaxing time… Boxing day test on the telly, BBQ’s, summer weather, beach, a lot of us on holidays (seriously not trying to have a dig at the hospitality workers here!), family time…I feel its magical.

But, although we are also now, on the lead up to Christmas, let’s not take our foot off the pedal here.  We still have a good 3-4 weeks of time we can achieve so much!

At this time of year, we can often start drifting into Christmas mode – parties, catch ups etc.  Time can also go so quickly (relatively speaking) as we are always just so ‘busy’ that the Christmas lead up takes over everything

What I invite you to do, for the next 3-4 weeks up to Christmas, is to walk slower…

Now I know that might sound crazy, but hang with me a moment.  I recently did a retreat in Sydney and we did an exercise where we literally walked around the property for almost 30 minutes at different speeds.  We would almost power walk, seeing how that felt, what we noticed.  We did this a various speeds over the thirty minutes and what I noticed when walking much slower, is that I was really able to notice so much more, take in the surroundings, see more, recognise more, enjoy more.  It really works…

During this hectic period, in our lead up to Christmas, try walking slower.  Take in your surroundings, enjoy the Christmas spirit as you walk around the city maybe.  Watch as people scurry to their next meeting, or party, not seeing or noticing their surrounds.  Take all this in, and you will find that you will also feel calmer, less stressed –  the hospitality crew will LOVE you! 

Reminds me of my favourite poem my dad gave me, by Rudyard Kipling – “If you can keep you head when all around you are losing theirs and blaming you…”  This is really a key.  Remaining calm is the sea of uncertainty, a rock against the storm.

Try it…let me know as Christmas looms how it felt for you?  I promise if you do this you will enjoy this period so much more J

Have a great weekend all and Happy Investing…!!

Cheers,

Lindsay

G’day all

What a strange week it’s been!  Hard to get into a solid rhythm here in Melbourne with a public holiday for a horse race in the middle…

I always find it strange how as a nation, we have no issue with spending thousands (notice I didn’t suggest ‘investing’) betting on horse races, Tattslotto results, pokies etc, but when someone at the local footy game, suggests they have just put a deposit down or purchased an investment property, we are all – “are you sure that’s a good idea? What if the market crashes?”

I feel our affinity with gambling and a ‘flutter’ on the horses could be a potential drawback or hindrance for us as Aussies, giving us a poor mindset around money. And believe me, our mindset around money, will make or break out bank balances, for sure and certain

It is what we ‘think’ about money that sets a tone in our subconscious that will then determine our wealth level.

If we feel money is bad, or only bad people have money, we will find ways to sabotage our success to make sure we only every have enough to ‘get by’.

If we feel money is a tool, a vehicle whereby we can grow business, employ people & create jobs, purchase things to stimulate the economy, then we will find opportunities to grow our wealth and succeed in our goals (which don’t have to be money focused by the way!)

It’s crazy how this works, but believe me, it does…

Don’t get me wrong, I lost my $10 on the cup like the best of us (think Constantinople is still running) … but we need to understand our mindset around the ‘flutter’.  If you’re at a cup BBQ, or at the races and want to put a few bucks down to have fun, and enjoy the day, then that’s great, knock yourself out!  It can be a lot of fun.

But just stop and think for a sec…what is my mindset around this?  Am I actually desperately ‘wanting’ that horse to come first?  Does it matter to me next week if it does or doesn’t?  Am I actually upset or disappointed, or more so, ashamed or guilty that I placed the bet in the first place and lost?

If these are the emotions your feeling, if you are genuinely upset or ashamed that you placed the bet and SPENT the money; or alternatively genuinely NEEDING the horse to win to help alleviate some finance issues next week, then I would recommend chatting to someone about this…

Mindset around money can often be one of the biggest hurdles investors need to overcome to start becoming successful at investing. 

What’s yours like?

Have a great weekend all and Happy Investing…!!

Cheers,

Lindsay