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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Investing in Real Estate 104 (Structure)
Hi guys! How y’all going? Would you believe it but it’s end of January already! Does time fly fast eh – they say that most New Year’s Resolutions don’t last past January. But I think when you have a steady 9 to 5, active social calendar and fully booked weekend – no WONDER we find it hard to accomplish our goals. Throw in a kid or two in the mix and you’re dunne like a bunne. That’s why time is the most valuable commodity of all – it’s finite, you can never get it back. I try and make sure to use it as wisely and efficiently as possible. Which…
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Investing in Real Estate 103 (Leveraging for a Pre-approval)
Happy Australia Day folks! To all our international friends – January’s usually a good month here in Australia, because so shortly after the New Year celebrations – there’s a three week hiatus which culminates into another party for the Australia Day long weekend. Surely there are worse things in life than moments spent with your family and friends accompanied by yummy food and delicious wine? That’s what makes living in this country so great, the sense of community, good living and general good vibes. Our attitude towards real estate is pretty unique as well – the “Great Australian Dream” is ingrained in our national psyche, a generational belief that home…
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Investing in Real Estate 102 (Mindset and More)
HEY news flash guys – did you know big circles are really hard to fit inside small rectangles? After 2 hours of trying, MrsFrugalSamurai-to-be and I know now. Yep, that’s the scenario that confronted her and I when one of her good friends’ generously offered a barely-used dining table to us. With hindsight, I should have figured out something was slightly amiss when she said that the table was a “demountable”. The only experience I’ve had with demountables are mobile classrooms and other really really big structures that can fit whole adults inside them. I tried to quiz MrsFrugalSamurai-to-be on how big the table was BEFORE we left to pick…
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Bitcoin! (Final Part) – 4 Thoughts Of What I’ve Learnt So Far
What’s up guys! Hope everyone had a wonderful Christmas and enjoyed some well-deserved time off. I spent a significant part of it reading up further on bitcoin and cryptocurrencies to demystify the market and try to determine if there’s a future in this. After the previous posts, I’ve had a couple of friends come up to me and share their stories of wild success regarding people they know, people who have invested early in crypto. “Man, if only I had put $200 on, I’d be retired by now”. “Well, of course DC – but if you knew what you know now – you’d put $200,000 on.” Hindsight is always 20/20…
