Reading Time: 5 Minutes Whoa ladies and gentlemen – it’s the midway point of what has been a VERY interesting year to say the least. A big determinant of future success is leaning on past experiences and it’s always good to have a bit of self-reflection. Therefore today’s post will be the perfect opportunity for that. Now, before we begin – these are my lessons for my future self, you may agree, you may disagree but I do hope you find them thought provoking. Lesson 1 – Nothing Beats Experience I think 2020 has once again shown up the fundamental difference between book smart vs street smart. I look back…
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Are Things Back To Normal?
Reading Time: 2 Minutes MrsFrugalSamurai told me an interesting story today. Whilst she was at the shops, an elderly lady was using her umbrella to maintain social distancing in a “forceful manner”. Apparently the sheer number of people going about their business made this a thankless task. I can just imagine our heroine, battling against the horde with her brolly-cum-sword like a crazed Mary Poppins. I guess the moral of the story is that we’re all heading outdoors now and everything is back to normal? Certainly it’s not true in other parts of the world, where escalating cases in the US, Brazil and India among others makes COVID-19 as big…
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“COVID19 – did it even happen?”
Reading Time: 3 Minutes This was a question posed in our investing group recently. It’s a little facetious I know, because Covid-19 undoubtedly DID happen – just look around you to see how the world has changed. But what the question was regarding, is the fact that the markets – the Australian stock market (ASX) to be specific, is charging full steam ahead for a V-shaped recovery. Case in point, there are now stocks whose prices are above their pre-covid levels! Stock A (well-known iron ore producer) Stock B (lesser well-known IT company) Of course, these are only two companies – but if I dig deep enough, there are…
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Jobs, Jobs, Jobs
Reading Time: 2 Minutes Hey what’s up everyone! There’s been many prickly issues which have popped up as a result of COVID-19. A major one of course, is jobs. Or rather, job loss. Some estimates state almost 1 million Aussies have lost their jobs, implying a jump in the April unemployment rate to 11% (for context, March was 5.2%). Ouch. Today’s post is on some insights into the current Australian job market in the midst of this pandemic. Thanks to IndeedĀ for these stats! Oh, if you’re also keen on finding a new job, why not check out Jooble and begin your search? Supermarket jobs FTW A big surprise has been…
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Oil – Time To Buy?
Reading Time: 3 Minutes Howdy everyone! Fantastic news I just HAD to share with y’all… yours truly made the front page! Which front page? Personal Finance Blogs of course! The very BEST of personal finance bloggers around the world. Seems like my post on 15 Personal Finance Habits Everyone Should Follow really resonated. Woot! Truly, a humbling experience to be in such esteemed company. Anyway, apart from that exciting tidbit, I’ve been doing some thinking. Ever since I wrote the previous post a few days ago on the collapse of oil, I’ve been wondering whether maybe we should actually be buying oil? Oil Hm, I mean, we all know what…
