Reading Time: 2 Minutes “Hey we have to buy this…” “But what?” “This”. I looked around… sigh, yet ANOTHER item we must have. Turns out this time, it’s a DeLonghi air purifier, heater and cooling fan. Ooo La La. Yep, welcome to the one weekend where MrsFrugalSamurai turns into a possessed wheeler and dealer – hustling and bustling in the online Bazaar. I am referring of course, to the Black Friday Sales, which leads into Cyber Monday. As much as I love having my CO2 purified, I can’t help but feel my gullible yet still sexually attractive wife has been suckered by yet another tactical play from the retail powers-to-be.…
-
-
BITCOIN (BTC) On FYRE
Reading Time: 2 Minutes Hey! Clear the way in the old bazaar Hey you! Let us through! It’s a brand new star! Oh come, be the first on your block to meet his eye! Make way! Here he comes! Ring bells! Bang the drums! You’re gonna love this guy! Which guy? Well… Mr Bitcoin of course! I know, I know. I’ve posted about Bitcoin and Cryptocurrencies before (read here, here, here and so much more). BUT. There’s been some huge albeit largely undetected news going on in the Crypto world. Bitcoin is back Baby! Whoa! Just look at that price chart. From a low of just over US$4800 in March,…
-
Is it Dangerous To Be In Equities (Now)?
Reading Time: 3 Minutes Today’s post is an expansion to a brilliant question from one of the social media groups that I subscribe to. Is it Dangerous To Be In Equities? To paraphrase, the original poster queries the majority of people in the FIRE community who have an asset allocation consisting of 100% in equities, a majority of which sits in index funds (ETFs). It seems like the narrative is “Buy equities, passively, at any price, indefinitely, and hold virtually no other assets, it’s all good coz you can’t beat the market, oh and lowest fees possible”. Occasionally with “use margin or other leverage to speed it up”. With equity…
-
RBA Cuts Rate
Reading Time: 2 Minutes True to form, on Melbourne Cup day, the Reserve Bank of Australia cut the official interest rate by 0.15% to a historic low of 0.1%. Well, well, well – so they cut it again eh? Although to be fair, with Australia plunging into a Coronacession, and the likelihood of elevated unemployment numbers, the RBA is committed to doing whatever it can to support jobs and the economy. And one of their biggest weapons – is cutting the official cash rate. This is supposed to boost business borrowing and consumer spending to try and stimulate the economy to create jobs. OK fair enough, but what does a…
-
5 Financial Hacks In Your 30s You MUST KNOW (Youtube Video)
Reading Time: 1 Minute The 30s is the time of the 3M’s, marriage, mortgage and munchkins! However it is also the time to get serious about finances and building on the next chapter of your life, in this video – I’ll walk you through the top 5 financial hacks to do in your 30s, to set you up for the following decades. Transcript: Ah yes, the 30’s, you know how you wake up one day and somehow, your age has a big 3 in front of it? In this video, I’ll walk you through the top 5 financial things to do in your 30’s. Make sure you stay to the…
