Reading Time: 2 Minutes What’s up guys! A bit gloomy on this wet and wild Sunday ain’t it? But not for yours truly, cos it’s the perfect excuse to churn out more content for the blog. Y’know, much has been said about the recent surge in the stock price of buy now pay later companies. I’m talking about the After-pays, the Zip-pays, the Splitit-pays of the world. Here, have a look at their stock prices recently: Afterpay Zip-Pay Splitit-Pay And my favourite, Sezzle-Pay It has made those of us who were fortunate to be invested, incredibly rewarded. And of course, countless media and news articles have been written waxing lyrical…
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June Net Wealth Update
Reading Time: 2 Minutes Amazing that we are past the halfway mark of 2020 already. Does anyone else feel like the height of the pandemic in March was only yesterday BUT somehow feels so long ago? “Puts hand up”. May’s net wealth update highlighted the risk of a 2nd wave, and with Victoria in lock-down and NSW seemingly next, that 2nd wave is on our doorstep. Please. No. More. I think most of us are pretty much over 2020 and just looking forward to 2021. But I feel like we haven’t seen the last of the volatility, and with that – the rollercoaster of the markets… I’ve been trimming some…
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Robin Hood Of Investing
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…
