He is one of Australia’s most prolific property investment advisors, in demand not just across the country but internationally as well.
Indeed, Ben Kingsley has accomplished much since he acquired his first property at 23 years of age. By gathering knowledge – both free and paid education – the founder and managing director of Empower Wealth has been able to avoid the pitfalls of poor decision-making.
“People talk about investing 10,000 hours to be able to master the understanding or application of something, and I agree. I’ve pretty much spent 25 years of my life learning about residential property and personal finance management,” he says.
For Kingsley, this dogged pursuit of success will enable him to retire well, while still maintaining a strong financial base for his family. “My goal is to generate $160,000 a year in passive income by the age of 50. This will give me and my family the ultimate choice in life, to do the things we love doing and have the experiences that bring happiness to our lives.”
AT A GLANCE
Favourite investment: Knowledge
First property: 4-bedroom, 1-bathroom 1970s brick home purchased in Bundoora, Melbourne. Purchased for $120,000
Kingsley’s first property was
located across the road from
his parents’ house in Bundoora, Melbourne
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