Reading Time: 7 Minutes Hallo meine Damen und Herren, willkommen zu einer weiteren Ausgabe der Frugal Samurai… Warte, Warte COUGHS LOUDLY TWICE. Ah, that’s better. Apologies – I had my German voice on. Should be fixed now. Anyway… Hi guys! How’s everyone doing today? Ain’t it yucky here in Old Sydney Town – old mate Harry and his missus Meg brought the British weather down under, CRICKEY! Wait a tick, too much Aussie… COUGHS AGAIN. Sorry guys, having trouble finding my inner voice this morning… Let’s start again shall we? So this week, there’s been a bit of media attention of where the “next” GFC will come from (e.g. here…
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Australian Household Wealth Update – and How YOU Can Get There!
Reading Time: 6 Minutes Ever wanted to know how Aussie household wealth is doing? Well, it seems like the gap between the have’s (them) and the have-not’s (us) is increasing. That is to say, methinks dem rich are gettin’ richer. But don’t just take my word for it – the latest Roy Morgan (amazing research guys) Wealth Report has shown that the biggest gains in the past decade have been among the wealthy top 10%. What about us poor buggers in the bottom 50%? Our share of private wealth fell from a measly 3.9% (yes, 3 point freaking 9) a decade ago to… 3.7%. “Shakes head” Just wow, those at the…
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Is the Trillion Dollar Company Here to Stay?
Reading Time: 4 minutes Howdy there fella! Whatcha up to? Stopping by for the latest fix of TheFrugalSamurai? I don’t blame ya! But bear with me a little please, it’s the morning after of the buck’s party for my friend Bubu. Mind you, after the passing of my Grandma recently, I wasn’t quite in the mood for excessive celebrations and called an early night. But that’s not to say that we didn’t have a great get-together. Between all the drinking and cheering and light misdemeanours – I managed to have a few words with a couple of the guys about investing and the markets in general. “Yeah, I prefer Vodka myself…
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5 Quotes to Help You With Stock Market Uncertainty
What’s happening people! We live in such exciting times don’t you think? I mean, did you notice what happened in the last couple of days in the global stock market? VOLATILITY. Hell yeah, risk-on, risk-off baby. Why are you so excited TheFrugalSamurai? Because volatility creates excitement! It creates headlines and articles and EYEBALLS PEOPLE. No more slow news day, Huzzah! We live in the information age – so no sooner did the gargantuan point drops in the DJIA and S&P 500 transpire than all sorts of reasons were spouted: “The Machines – Hasta la vista, baby” “Inflation – Rise of the Balloons” “Interest Rates – Return of the Yield King” But…
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4 Things I Gained From Losing $40,000
It’s December boys and girls! Don’t you just love it! Summer’s finally here in Old Sydney Town and everywhere you look people have that look of hope and joy and love in their eye. It’s true what they say about the weather and how it affects people’s moods – have a look at this, unless you club baby seals in your downtime – it’s hard not to feel some warmth. MrsFrugalSamurai-to-be and I spent our weekend diligently planning our upcoming wedding next year. We even interviewed a couple of wedding photographers. “Do you have a camera?” S…si senor “Can you take pictures with it?” Si senor “You’re hired”. But senor… I here…
