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…
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Ultimate Beginner’s Guide To ETFs (Youtube Video)
Reading Time: 1 Minute A very quick and simple introduction to an asset class which has seen exponential growth in the last few years – Exchange Traded Funds, or ETFs for short. With a total global market cap in excess of $7 trillion – ETFs have definitely become a mainstream asset class. Watch the video here: Transcript: Today’s video is going to be a very quick and simple introduction to an asset class which has seen exponential growth in the last few years, and that is on exchange traded funds, or ETFs for short. With a total market global market cap in excess of $7 trillion – ETFs have definitely…
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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…
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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…
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October Net Wealth Update
Reading Time: 2 Minutes Uh oh, looks like we are on a roller-coaster again. Plenty of action going on with the 2nd and 3rd waves overseas and US election dominating the headlines as we head into November. NOVEMBER! Wow, can you guys believe it – where does the time fly eh! Been crazy busy this month, mainly cos work is letting everyone back into the office again. Sigh, back on the hamster wheel we go it seems. Steady as she goes with investing, same as with September, we jumped in and out of a few trades – nothing to write home about. Oh and fingers-bloody-crossed but we are close on…
