“Traditional controls ... are absolutely necessary. They are the foundation on which everything else is built”
DS
Dan Stocker
Cyber Risk Management Podcast ·
Michael Yardney · Property Investment & Wealth Creation Australia | The Michael Yardney Podcast · Nobody Tells You These 10 Truths About Building Wealth Through Property
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Maintain a cash-flow buffer in an offset account and only use it when absolutely necessary
“Traditional controls ... are absolutely necessary. They are the foundation on which everything else is built”
“Offset account… loan limit minus what you've got in your offset account… $500,000 loan, $100,000 in savings… charged interest on $400,000”
“If you want to like give it a try, just go for a walk and maintain nasal only breathing. You should be able to maintain nasal in, nasal out when you walk.”
“If they did nothing else, but set up another offset account or another bank account, and just transferred $640 a week to that account”
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