Reading Time: 1 Minute Many people are looking to get started in investing. But before we put any money on the line, it’s very important that we get one thing right… our mindset. In today’s video I’ll go through 6 personality traits all great investors have, which we should all adopt to ensure long term success. I think it’s even more important in today’s day and age, in which we are increasingly hearing stories of people making “easy” money in the market. But making money has NEVER been easy. It takes fortitude, resilience and a healthy dose of luck to be a long term successful investor. Which is why having…
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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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“Australia in Recession” (Youtube Video)
Reading Time: 1 Minute Hello everyone! So the dreaded “R” word has finally come for Australia. Our federal treasurer Josh Frydenberg has confirmed that yes, we are in recession. In this video, learn about what a recession means, what happened during the last recession, what to expect this time round and also how to prepare yourself for the upcoming recession… My outtake? Be prepared for what’s to come but don’t over-react! There will always be opportunities in the market. Speaking of… I might hit up a more detailed piece on a recession if things get REALLY bad. Here’s hoping we’ll come out of it OK. Did you enjoy this post?…
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Are Things Back To Normal?
Reading Time: 2 Minutes MrsFrugalSamurai told me an interesting story today. Whilst she was at the shops, an elderly lady was using her umbrella to maintain social distancing in a “forceful manner”. Apparently the sheer number of people going about their business made this a thankless task. I can just imagine our heroine, battling against the horde with her brolly-cum-sword like a crazed Mary Poppins. I guess the moral of the story is that we’re all heading outdoors now and everything is back to normal? Certainly it’s not true in other parts of the world, where escalating cases in the US, Brazil and India among others makes COVID-19 as big…
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6 Financial Lessons From Quarantine (Youtube Video)
Reading Time: 1 Minute Hi all! So as they say, when it rains it pours and certainly that’s true with my Youtube channel. Isn’t it funny that it took me almost 6 months to change my mindset to get on top of the 1st video last week, and now… 6 days later, here’s the 2nd. Just shows what a powerful thing mindset is. Oh and before I forget, thank you for the overwhelming response to my earlier video, much humbled and appreciated! Anyway, without ado, here is number two! Once again, I hope it made sense to you and that you liked it. If you have any feedback, I would…
