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Healthy, Wealthy and Happy

Health

Rain, rain and more rain.

This is having a devastating effect on crops in Australia. We had heavy rains earlier this year which knocked off the mango buds, every mango buds becomes a mango so we can expect a shortage of them soon.

The cherry crops from down south were destroyed last week so cherries will be in very short supply for Christmas.

If you have been reading my blogs you will understand that fruit and vegie pricing is all about supply and demand. Little supply and high demand means high prices. Often the cause of the shortage is also the cause of the poor quality available too.

The poor wheat farmers have just about had their crops wiped out so be glad you’re not a farmer. Mother Nature can be a hard taskmaster. On the bright side, we will have plenty of seafood available this year in Australia, which means cheaper prices too.

We live on such a planet of contrasts – fires in Israel, freezing in the UK and flooding in Australia. Is our planet trying to tell us something?

Wealth

Property investing is also about supply and demand and the great thing about that in Australia is that we are heavily under-supplied. Our vacancy rates are so low, 1.5% in real estate world, .25% in Investors Club world. The under supply does mean rents will go up which helps cover the interest rate rises which are still running at fairly low rates.

It doesn’t matter what is happening in the economy, people always need a roof over their heads.

www.tic.com.au

Happiness

Health and wealth will lead you to this and the best way to be happy is to be grateful. The more grateful you are for what you already have, the more good stuff will come to. ‘Count your blessings’ as the saying goes.

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