Reading Time: 7 Minutes What’s up everyone! Today, I thought I would share a chapter I wrote in the Complete Aussie FIRE e-book guide recently with 20 of the best and brightest in the Australian FIRE community! Reminder that you can grab your free copy (courtesy of Pearler), right here! Excerpt: Chapter 19: Fuel for the FIRE – Leverage Introduction Ah, debt and leverage. Those two words resonate with us all in different ways. Some people embrace and welcome them with open arms. Others cannot run away fast enough. When applied correctly, leverage is the strategic tool that expands our resources beyond our capital limitations to produce greater results than…
-
-
COUPLE’S GUIDE TO MERGING FINANCES (Youtube Video)
Reading Time: 1 Minute Today’s video is on one of the most under-rated topics in personal finance, and that is on how to manage your finances together as a couple. Sure it’s easy when you live and spend for yourself, but when you find “the one”, you want to make sure your finances are as strong as your relationship! Transcript: OK, so up until now, your financial decisions affected only you. You had no one to answer to and everything revolved around you. Then you decided to get married… and you find out that your spouse’s attitude to money is completely different to yours. What do you do now? Well…
-
Warren Buffet Turns 90
Reading Time: 2 Minutes One of the most famous persons on the planet just celebrated a birthday last week, and you might not have noticed it. Warren Buffet turned 90. Everyone of course, knows Buffet. When I first started my investing journey over a decade ago, I certainly looked up to Mr Buffet – as I am sure a whole generation of investors did. His simple, folksy maxims are probably more quoted than any other investor. “Be greedy when others are fearful and fearful when others are greedy”. “It’s only when the tide goes out that we find out who’s been swimming naked”. And my personal favourite, “price is what…
-
August Net Wealth Update
Reading Time: 2 Minutes What a difference a month makes, 2nd wave of lockdowns seem to have worked and I’m hoping that things return to normality soon. No big waves on the personal investing front, apart from some rebalancing of portfolios and a couple of big ticket expense items. Although at the macro level, at time of writing – tech stocks have started to take a beating. Fair enough I say, no company can justify 10x of their value in 6 months. My personal opinion is that investing in most tech stocks is speculating on a story, no more, no less. You can read the July net wealth update here.…
-
COMPLETE GUIDE TO NEGATIVE GEARING (Youtube Video)
Reading Time: 1 Minute Negative gearing is about as controversial of a topic as you can get in investing here in Australia. It’s always in the media and generates a lot of attention. So what is it, when should you do it and is it still relevant today? Watch the video to find out! Transcript: Today’s video we are going to be talking about one of the most controversial topics in investing here in Australia and that is on negative gearing, and whether it is still relevant in today’s environment. What is it? Many of us will remember Labor losing the unlosable election last year, with one of its key…
