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Michael Thompson

πŸ‘€ Speaker
8182 total appearances
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Voice samples: 11
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Appearances Over Time

Podcast Appearances

FEAR & GREED | Business News
NAB forecasts interest rates to fall; iconic retailer collapses; World Cup politics

To the fact that these companies are just so big that they are actually bigger than a lot of countries themselves.

How Do They Afford That?
Property investing for passive income

All right.

How Do They Afford That?
Property investing for passive income

I think what I'm also trying to get at is that this is almost a mindset change, right?

FEAR & GREED | Business News
NAB forecasts interest rates to fall; iconic retailer collapses; World Cup politics

Countries, yeah.

FEAR & GREED | Business News
NAB forecasts interest rates to fall; iconic retailer collapses; World Cup politics

Right?

FEAR & GREED | Business News
NAB forecasts interest rates to fall; iconic retailer collapses; World Cup politics

Yeah, yeah, yeah.

FEAR & GREED | Business News
NAB forecasts interest rates to fall; iconic retailer collapses; World Cup politics

Now, I mentioned this at the top of the show, Sean.

How Do They Afford That?
Property investing for passive income

That this is not something that you are doing as a short-term strategy, but it is going to be something that you are going to reap the rewards of further down the track.

FEAR & GREED | Business News
NAB forecasts interest rates to fall; iconic retailer collapses; World Cup politics

Iconic retailer Barbecue's Galore has collapsed.

FEAR & GREED | Business News
NAB forecasts interest rates to fall; iconic retailer collapses; World Cup politics

After its main financier couldn't agree on trading terms and that left the group without funding.

FEAR & GREED | Business News
NAB forecasts interest rates to fall; iconic retailer collapses; World Cup politics

The winding up process is scheduled to start next week and 62 stores will close while transitional arrangements will be put in place for the 27 franchisee owned and operated stores.

How Do They Afford That?
Property investing for passive income

Where is that tipping point between a property that has been essentially negatively geared or where you might be losing money on it because the amount that you're paying to the bank in interest is more than what you are bringing in in rent?

FEAR & GREED | Business News
NAB forecasts interest rates to fall; iconic retailer collapses; World Cup politics

This is according to the Financial Review.

How Do They Afford That?
Property investing for passive income

When does that then flip to become positively geared when you actually start to create revenue and actually start to generate passive income from that property?

FEAR & GREED | Business News
NAB forecasts interest rates to fall; iconic retailer collapses; World Cup politics

Look at your face.

FEAR & GREED | Business News
NAB forecasts interest rates to fall; iconic retailer collapses; World Cup politics

I'm not entirely thrilled about this.

FEAR & GREED | Business News
NAB forecasts interest rates to fall; iconic retailer collapses; World Cup politics

I love pets, love cats, love dogs.

FEAR & GREED | Business News
NAB forecasts interest rates to fall; iconic retailer collapses; World Cup politics

Would not love the idea of sitting next to one that isn't my own for the duration of a flight.

FEAR & GREED | Business News
NAB forecasts interest rates to fall; iconic retailer collapses; World Cup politics

While you were talking, I just jumped onto the Virgin Australia site to see the size limit, if it maxes out at a particular size.

How Do They Afford That?
Property investing for passive income

Okay, there's a lot more that I want to discuss.