Reading Time: 4 Minutes Welcome back folks! Are you ready for part 2 of the case study? In which we answer a question MrsFrugalSamurai sent me: “Have $AU 1.1m to invest (recent inheritance) + $150k savings Current situation: Late 20’s income $100k, partner earns $100k No kids, no assets, no debt Aim is to be a homeowner and financially independent at some stage. How would others split it between: PPOR (principal place of residence, i.e. primary residence) buy outright or deposit + mortgage Investment property Low cost index/ETF/Super Others?” If you missed part 1, or want a refresher – don’t fret, have a quick read of it here. Actually… you…
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Case Study – $1.1m to Invest, Now What? Part 1
Reading Time: 5 Minutes Wow what a day guys! Glad to see the end of it that’s for SURE. And you know what really capped it off? Yours truly somehow managed to step straight into doggy doo doo. Now normally I don’t mind a bit of dog poo, it’s a sign of vitality duncha know. Usually it sits there, quietly contemplating life and minding its own business. I respect that, it’s comfortable with the world. Unfortunately, JUST like asbestos… it’s deadly once disturbed. Man alive, I only found out AFTER I got back in the car. Driving down the main road during peak hour, suddenly I felt the peculiar need…
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A Quick Cryptocurrency Update and a Personal Tale
Reading Time: 2 Minutes So it’s been a while since I’ve written anything about Cryptocurrency. Cryptos you might remember, made global headlines for creating a whopper of a bubble a couple of years ago. Suffice to say, not much has been heard from since. I thought it’d be prudent to do a quick update on what’s going on in the world of Cryptos. Legitimacy As I’ve remarked before, the power behind Cryptocurrency, being the Blockchain, has always been the game changer. The premise being that transactions can be verified by anyone and everyone around the World. So it’s no surprise that in recent months established names such as Facebook came…
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LibraCoin
Reading Time: 3 Minutes Hai everyone, how’s it all going? Some interesting developments happened last week in the world of Cryptos which you may or may not have noticed. Facebook came out and released a white paper (an info pack) about a new Cryptocurrency it’s originating called Libra and Calibra, the Blockchain platform supporting the back-office function. It’s just another example of how the Blockchain is coming to the mainstream. Wait… Cryp what? Block…chain? Blockchain is the system in which a record of each financial transaction made in Libra (or any other cryptocurrency such as Bitcoin) is maintained across computers that are linked in a peer to peer network, i.e.…
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7 Numbers Shaping Tomorrow’s World (Visually)
Reading Time: 2 Minutes What’s up everyone! How’s it going? Did you go out and enjoy the unseasonably warm late Autumn weather? I know I did! Courtesy of my good friend Bavid, I scored an invite to a corporate box seat at the footy (“Aussie Rules” as it is known) on Friday night. Seeing how it was sponsored by a competitor in financial services, Citibank – I found it amusing to be sitting with the “enemy”. Though I must say, they can put on a damn good slow cooked pulled pork and slaw spread… Oh and the view wasn’t too shabby either: Between trying to dig up some trade secrets,…
