Reading Time: 1 Minute Boys and girls, I am EXTREMELY excited to announce that one of the best e-resources for FIRE here in Oz is coming out in the next few days. Introducing… AUSSIE FIRE – The Ultimate Guide To Financial Independence for Australians This ebook is probably the only resource you need for the ins and outs of the how, what, when, why and where of FIRE and is a collaboration between 20 of Australia’s top FIRE experts. Oh and I am proud to announce that yours truly was lucky enough to contribute a couple of chapters! A big thanks to Pearler for bringing everyone together and bringing this…
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July Net Wealth Update
Reading Time: 2 Minutes The 2nd wave of COVID-19 is well and truly here in Australia, with Victorians doing it pretty tough at the moment with stage 4 lockdowns. Will there be a stage 5? What even is stage 5? I have no idea. It’s pretty full on at the moment, and can only hope that the nation can get through this together. Financially speaking, there was plenty of talk for both the property market and ASX dropping with the coming of the 2nd wave. This… hasn’t… happened. Will it ever? Again, no idea to be honest (my confusion is a recurring theme) as I’ve long stopped caring about forecasts…
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May Net Wealth Update
Reading Time: 2 Minutes Hello all! Hm, well not too much has happened this month to tell the truth. Of course, broadly speaking May saw the easing of social isolation measures for Aussies as a whole. But we must remain vigilant people! The risk of a 2nd wave is increasing each day as more and more of us step outdoors. On a personal level, I haven’t made any enormous moves – just been steady as she goes. I must admit I did get too greedy when the market bottomed in March, as I didn’t think valuations were on discount enough to plunge deep. Which has seen me miss out on…
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60% of Australian Renters Are Facing Affordability Issues
Reading Time: 3 Minutes The Australian economy has been stopped in its tracks due to the Coronavirus lockdown. Personally I’ve been fortunate that I am still employed (for the moment) and have a paycheque coming in. But as you guys know, the majority of our net wealth is in residential real estate, so I’ve been mentally preparing myself for the increasing likelihood that one, some, or God forbid, ALL of my tenants will seek some form of rent relief. And lo and behold, it happened today: Hello The Frugal Samurai, The drastic measures that the government has put into place right across Australia to ensure a flattening of the curve,…
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5 Ways To Accelerate Wealth
Reading Time: 3 Minutes Good news Sydney! Looks like we are about to emerge from our Coronavirus cocoons real soon. “Whew” (wipes brow). But we have to stay vigilant people! Continue to fight the good fight. Still, being out to venture outdoors and seeing a friendly face is a welcome change. Mind you, I have been doing some thinking during this lock-down period. What on? Well, on ways to accelerate my wealth. Nothing too fancy like taking out butterfly options or land-banking R3 lots. Nah, just simple and easy things anyone can do such as… Using other people’s money You see guys, one of the biggest difference between how the wealthy…
