Wealth creation gurus

Stuart Wemyss

Website: Pro Solution Private Clients

They claim: “Our goal is to help our clients achieve their financial and lifestyle goals by providing independent advice using evidenced-based financial strategies. Our ultimate reward is when our clients reflect upon the journey we have shared with them and they acknowledge the valuable advice we have provided along the way.
In short, helping you achieve your goals ultimately becomes our goals too …
Stuart has over 20 years’ of financial services experience and founded ProSolution in 2002. He holds a Bachelor of Commerce, is a Chartered Accountant and holds many post graduate qualifications. Stuart is licensed to provide credit, tax, insurance and financial advice …
Stuart Wemyss Books:

Book bundle
Let’s be honest, winning the game of Monopoly requires a little bit of luck – for example, landing on unowned property and avoiding properties already owned by your opponent.
But, in truth, the key to winning this game is making the most of your luck by applying certain rules – such as buying as much property as possible, not spending all your cash (having some savings) and negotiating to get a full set as soon as you can.
Building wealth is no different. You can win at the game of building personal wealth by applying a set of proven rules.

The 8 Golden Rules
The golden rules, created by the author Stuart Wemyss, explained in Investopoly have been formulated and refined over two decades of practice, observation and experience. They are not just theory. They are tested, are rooted in simple math, logic, supported by historic evidence and have been proven to work. What’s more, they are easy to understand – all written in plain English. Here are the rules of the investment game:
Golden Rule # 1 – Always think long term
Golden Rule # 2 – Set two important goals: how much income you need and by when
Golden Rule # 3 – Spend less than you earn and invest the difference regularly
Golden Rule # 4 – Grow your asset base first and then concentrate on income second
Golden Rule # 5 – Strategically set your asset allocation to reduce risk and maximise returns
Golden Rule # 6 – Invest in the share market using a low-cost, passive investment method
Golden Rule # 7 – Only invest in property that is deemed ‘investment-grade’
Golden Rule # 8 – Protect your investment strategy from expected and unexpected risks
Once you understand these rules, it will be very simple to map out a financial plan for yourself and your family and work out what to do next.
The Smart Borrower’s Handbook is an essential guide for all property, sharemarket and superannuation investors.
Almost all home-owners and property investors borrow to invest; sharebuyers may buy shares ‘on margin’; even trustees of self managed superannuation funds (SMSFs) have the option to borrow to invest. Smart borrowers use other people’s money to increase their wealth faster.
However, borrowing (sometimes called gearing or leverage) is a double-edged sword as it can also increase losses. So it is essential that, before working out how much they need to borrow or applying for a loan, investors read this book. It will give them a better understanding of:
– How much they can afford to borrow
– Tax matters
– Structuring their investments
– Borrowing with third-parties
– Margin lending
– and much, much more.
First published in 2008 and second edition in 2011.
The Property Puzzle is an easy to understand ‘how to’ guide, which teaches readers how to develop their own property-based financial plan. Complementary to all other property books, it addresses topics such as defining goals, choosing a property strategy, developing financial forecasts, managing risks, developing a retirement strategy and much more.
Throughout the book, we follow the journey of two new property investors, David and Susan, and discuss how they tackled certain issues when developing their own financial plan. We also interview Australia’s leading property experts to help you through the planning stage.
The Property Puzzle is compulsory reading for all property investors. It will show you how to avoid the myriad of mistakes that many investors make. Once you have developed a financial plan, you will feel empowered, knowing you are one step closer to achieving financial security.
Published in 2011.”

spending your money

What area of money and investing are you going to explore?

Grab your Life Planner

  • This field is for validation purposes and should be left unchanged.

Let’s connect

Disclaimer: The information and comments in this site are general in nature, opinion only and don’t take your personal financial circumstances into account. Our aim is purely to educate you and show you people and organisations in the finance and investing industries you may, or may not, choose to contact for personal financial advice. Any claims or comments of others are strictly those of the cited individual and not endorsed by Andrea or Best investment Gurus. Before you take any financial or investing action or buy any service or product - get your own independent financial advice, tailored to your specific needs.