Reading Time: 2 Minutes Howdy all! And a Happy Valentine’s Day. Ooo and hugs and kisses goes out to my personal Valentine aka MrsFrugalSamurai. She made me feel very special indeed with a uniquely composed card and personalized message. Although I could only decipher two thirds of her writing, the love and warmth shone through. Received with thanks MrsFS. As for my present? Well, that’s for her eyes only of course (truly, otherwise Crime Stoppers would be called). But today’s not about love and chocolates and naked bloggers – no, today’s post is a bit of social commentary regarding what I’m seeing in the markets, or rather the market participants.…
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Your Life In Weeks
Reading Time: 2 Minutes Hola peeps! Sorry went a bit AWOL there, but it’s good to be back! Been a bit full-on these days as MrsFrugalSamurai and I have been beavering away getting things ready for MiniFrugalSamurai. Case in point were some prenatal classes taken at the hospital, which are meant to better prepare first-time parents with what to expect. I didn’t learn anything from these classes. Mainly because I wasn’t paying any attention. Hear me out though – the baby will be delivered at the hospital, with experienced mid-wives, nurses and an OBGYN who does this for a living; oh and MrsFrugalSamurai also works in the medical field. IF…
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GameStonk
Reading Time: 2 Minutes I have a confession to make. These days, I’ve never made such easy money. I know, I know – what a controversial thing to say The Frugal Samurai! At the risk of sounding like a douchebag, please… hear me out. Mind you, I’m not talking as if I am rollin’ in the Benjamins. Nah. More like a few thou here or a few thou there. You see, in the last couple of months, I have shifted a small allocation of our net wealth into the stock market… or rather into stonks. Now, as a traditional value investor – I had always felt buying stocks was about…
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Wealth Inequality Rises In Australia
Reading Time: 2 Minutes I was perusing through the interwebs as you do, and came across a very insightful article regarding the wealth or rather, the lack of wealth equality here in Oz. It’s a joint research study by the University of New South Wales and the Australian Council of Social Service and to be honest, it’s very confronting. As we know, COVID-19 has exacerbated what was already a burgeoning wealth gap between the haves and have-nots, and this paper only highlights that. Here are some key take-aways: Household Wealth The below compares the wealth holdings of the highest 10% (highest wealth) of households followed by the next 30% (middle…
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My Worst Financial Decision So Far
Reading Time: 2 Minutes Dear all. Don’t buy a house with a pool. That is all. No really, the financial cost of owning a pool far outweighs the derived benefit. Seriously, how many times are you going to be swimming? And no child’s laughter is worth having one damnit! OK so I might be feeling ranty tonight cos it’s ticked over midnight and I’ve just finished “fixing” our pool pump. Rather I came home around 9ish to the sound of a staccato of noise you would not believe. I thought it was an odd hour for the neighbours to be using a chainsaw… until I realized the sound was suspiciously…
