Reading Time: 3 Minutes Nerves, nerves, nerves. So NERVOUS. How come? Cos I’m THIS close to signing off on choosing a real estate agent to sell one of the properties in the portfolio. As much as I hate selling, I think it’s time. I think so… I mean as part of the annual review, I’ve identified that it isn’t really pulling its weight. The long term fundamentals still remain, but there’s too much ongoing maintenance and other dramas for it to work short-term. Plus, I’m looking to reinvest any proceeds into something a bit better (hopefully). Still, procrastination affects all of us, and if it wasn’t for MrsFrugalSamurai’s gentle prods…
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Yield Curve Inversion
Reading Time: 3 Minutes Strewth, WHAT a shitty week that was. Made a TON of mistakes at work (some forced, some unforced) and it doesn’t help when I’m dealing with probably the most arrogant, demanding and obnoxious client in a LONG time. Still, moments like these I come back to the tried and tested adage for myself, which is – when I’m 80 will I remember this time? The answer I’ve decided, is a resounding NO. WHEW. Now that’s off me chest, let’s move on shall we? What’s down with the yield curve? We also heard this week the big bruhaha about something called “yield curve inversion”, which set off a…
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World Happiness Report 2019
Reading Time: 2 Minutes Sorry guys but gotta make this one short and snappy today, chiefly because we’ve got a couple of friends over for dinner and we are GROSSLY unprepared. But that’s why UberEats exist right? Right. Anyway, before they come, I thought I’d share this pretty cool report I found surfing the inter-webs. It’s the World Happiness Report 2019 which highlights which countries’ citizens are the “happiest”. The survey, conducted by Gallup, uses a three-year rolling average of survey responses around six factors: GDP per capita; social support; life expectancy; freedom to make life choices; generosity; and corruption levels. And no surprises here with the Scandinavians all well…
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LeanFIRE or FatFIRE?
Reading Time: 4 Minutes 7am on a Sunday morning what do you do? a) sleep, b) renovate your property with all the power tools you can find, c) sleep, If you chose a or c, congratulations! You are a normal person. If you chose b, well done! You are my next door neighbour and we look forward to replying in kind. Sigh, what we get for living in apartments I s’pose. Normally, I’m an early riser – so the noise wouldn’t be so bad – but not when you’ve been perusing some Facebook FIRE groups until the wee hours. There’s a few versions of the FIRE (financial independence retire early)…
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Here we go again…Down $6k, What Next?
Reading Time: 2 Minutes And it’s back. Just when things were inching their way upwards. BAM. We get hit with another round of trade wars (wrote an earlier piece here), and now further interest rate cuts from a few of the central banks around the world… Looking decidedly SHAKY ain’t it? Suffice to say, yours truly has been caught up with the recent sell-off, down about 6 grand in the space of a week. Who said investing was easy! I find it a bit ironic that I place so much focus and attention to equities, considering it is a small fraction of the overall net worth yet has an enormous…
