EP. 1609 Selling Serotonin, The Fake Hit
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EP. 1609 Selling Serotonin, The Fake Hit
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About this listen
💰 “I’ve got the best partners in business… the Australian Government & the banks.” – Harry Triguboff
Property is powerful — but so are the costs.
Every time you sell and buy, you’re paying:
▪️ Agent fees (on the full value, not just your equity)
▪️ Stamp duty (again… full value)
▪️ Then potentially capital gains tax
If you’ve only got 20% equity, those transaction costs can eat up a HUGE chunk of your gains. Do that 2–3 times over 10 years? That’s a fortune gone in fees alone. 😳
This is why strategy matters. Holding, compounding growth, and leveraging smartly can outweigh constant buying & selling — if you know what you’re doing.
Young investors especially — this topic flies under the radar. Be careful. Be strategic.
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#PropertyInvesting #WealthCreation #SmartInvesting #AustralianProperty #FinancialEducation