Reading Time: 5 Minutes “Hurry up and get ready!” “Yeah, I will – but gimme some TIME!” “How long do you need?” “Just WAIT!” So went the terse conversation between MrsFrugalSamurai and I just then. You see boys and girls, I’m writing this as we prepare to attend the wedding of our friend Juju. That is, I’m writing, MrsFrugalSamurai is preparing. So for the last hour and a half, I’m just waiting like the sucker I am… Waiting… waiting… which reminds me of something… Ah yes! I’m also waiting on something else. I’m waiting to claw some of those dollars and cents back from the recent stock market carnage! So…
-
-
Australian Household Wealth Update – and How YOU Can Get There!
Reading Time: 6 Minutes Ever wanted to know how Aussie household wealth is doing? Well, it seems like the gap between the have’s (them) and the have-not’s (us) is increasing. That is to say, methinks dem rich are gettin’ richer. But don’t just take my word for it – the latest Roy Morgan (amazing research guys) Wealth Report has shown that the biggest gains in the past decade have been among the wealthy top 10%. What about us poor buggers in the bottom 50%? Our share of private wealth fell from a measly 3.9% (yes, 3 point freaking 9) a decade ago to… 3.7%. “Shakes head” Just wow, those at the…
-
4 Reasons Why Property Prices Won’t Drop 40% Soon… and a Story About When They Do!
Reading Time: 7 minutes “Hey The Frugal Samurai, what do you think of the 60 minutes report?” What 60 minutes report? “You know, the one about house prices dropping 40%?” Oh… you mean this one (here)? “That’s the one”. Yeah nah, forty percent? That’s gotta be a typo. But no guys, it’s not a typo – it’s a very real and very “legitimate” story. Suffice to say, this story made sensational headlines in the media and property industry at large. Ah us Aussies – we love a good story about our real estate markets don’t we? Put any emotional words with the words “Australian” and “property” and it’s guaranteed to…
-
Back at work I had a Light Bulb Moment, well Two Really…
Reading Time: 7 minutes Hey guys! How’s it all going? Brrrr it’s so very, very wet and cold here in Old Sydney Town, you’d be forgiven to think that winter is coming with the freezing rain and icy winds. Man, I wish I was back in China! Unfortunately I am back, but not in China you see – back at work. Sigh, that’s what happens to us 9to5er’s ain’t it, we’re only allowed 4 weeks a year to venture outside and see the world. Those precious 4 weeks of annual leave is what generates our… William Wallace voice on FREEEEEEEDOM!!! William Wallace voice off Suffice to say I’ve had many…
-
Investing in Real Estate 111 (Interest Rate Changes)
Reading Time: 9 minutes “Buffering…please wait…buffering… please wait…” Ever recall that message come up before? Well, before the age of high-speed internet and insta and snap and YOLO, us millennial folks who grew up in the 90s sure can. We who grew up in the age of the Pentium 3, the 56k modem (brrrkrrr… beep…krrr…dookrrrrr dookrrrrr…) and the Nokia 3210 – we remember. Because we used to get that messages ALL the time. As a teenage boy, the frustration of seeing that pop up when trying to download por… maths papers was palpable. “I REALLY need to do some mathematics, RIGHT NOW”. I used to say out loud to no…
