Reading Time: 3 Minutes Howdy all! Insightful article I read this week from the Wall Street Journal on how retail investors have (so far) been outperforming professional investors. For those who aren’t aware, the WSJ article highlights a 29 year old electrician from Seattle named Cory Gerber who arguably out-traded the legendary Wall Street Investor Carl Icahn. This is because last month, after the car rental agency Hertz filed for bankruptcy protection – the 84 year old billionaire sold his stake in the company for just 72 cents a share… …which was a buy signal* for Mr Gerber. *A buy signal is a signal to buy. The 29-year-old electrician acknowledges Hertz…
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Guest Post – 5 Ways To Compare Stock Market Investments
Reading Time: 3 Minutes Hey everyone! Hope we are all enjoying the long weekend – a well deserved break to recharge and make some sense of all the craziness in the world right now. There’s a welcome treat for us in today’s post. It’s a guest post from Gavin at Options Trading IQ. Gavin is a self-taught options trader, who most recently was working and living in the CAYMAN ISLANDS. Having met Gav personally, he certainly falls under my definition of FIRE, retired from working for the man and now doing what he enjoys. You can read more about Gavin here, and follow him on Twitter at @OptiontradinIQ Ooo and…
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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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April Net Wealth Update
Reading Time: 2 Minutes Howdy folks, Time for another net wealth update! Before I begin, I wanted to put it out there that these updates are just a way for me to stay accountable to my personal FIRE journey, nothing more nothing less. I put my goals public and keep it transparent so I can get out of my comfort zone – something 2010 TheFrugalSamurai would NEVER have imagined doing. Anyway, if you like the updates – let me know in the comments below! Oh and another thing, some people have asked me why I don’t use a fancier calculator to work out my net wealth and make it look…
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The Way We Think – 9 Cognitive Biases
Reading Time: 4 Minutes The market has bottomed, buy buy buy!!! The market has more to fall, sell sell sell!!! Hi guys! So those are the two main themes out there regarding the state of the market. Those two messages are polar opposites of course, and just like Arthur Fleck, the last couple of months has left you confused, exhilarated, disturbed and above all, in shock. So why are there two distinct views at the opposite end of the spectrum? It’s because of the way we think. Or more specifically, our cognitive biases. Cognition You see, most of us like to think we are rational people, in that we are…
