Reading Time: 3 Minutes “And SOLD, to the young woman in green”. “BANG” goes the gavel, as it comes crashing down… to the applause of the crowd. Yep. You guessed it. It’s another bumper auction result from what is Sydney, nay Australia’s biggest past-time. That is, having a sticky-beak at your neighbour’s property auction. This time, the property in question was a street over from ours. But First, To Set The Scene. MrsFrugalSamurai and I had viewed this one at it’s first mid-week open about 3 weeks ago. It was a standard 3 bed/2 bath/1 car on a sloping block, freshly landscaped and renovated throughout. I was sipping a freshly…
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Life’s Top 5 Regrets
Reading Time: 2 Minutes A couple of days ago I celebrated my Birthday. It wasn’t a milestone age or anything like that – just one of those humble, hardworking numbers you have to get past in order to reach a milestone. However it did remind me that I am well and truly in my 30’s, and approaching the period of one’s life where things start to become a bit tricky. You know, where you start to enter “middle age” and the next phase of your life. Strewth! Where does time fly eh! Ever the sentimentalist, I’ve been searching far and wide for some guidance regarding how to navigate this delicate…
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6 Lessons From COVID-19, One Year On
Reading Time: 2 Minutes Gosh, has it really been over 12 months since an unseen, unheard, unknown virus caused never-before-experienced levels of panic and terror? It has. It now seems oh so long ago but 2020 will forever be remembered as the year in which the world, as we know it – changed. Mask wearing, travel bans, working from home – these phrases all entered our colloquial mainstream. I thought it best to revisit some of the lessons which I have learnt from those turbulent days of March and April 2020, more so as a reminder for myself than anything else. In no particular order, here goes… Herd Mentality Never…
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Where To Next?
Reading Time: 2 Minutes Hello all! Some of you have commented on the fact that I’ve not been posting much regarding our own investment journey lately. Have we slowed down our buying journey? Yes. Have we slowed down our investment journey? A resounding no. Now regarding the first point, I am fully aware of this, but the reason is simple. The reason we have slowed down our buying journey is that frankly, I don’t see any value where it makes sense to buy anything. Don’t confuse activity with productivity has been one of my biggest takeaways on this journey. Property values are at all time highs. With corresponding yields at…
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Mistakes I’ve Made A Few
Reading Time: 3 Minutes Recently I was perusing the required reading material that is the Berkshire Hathaway Annual Letter. If you don’t know what this is – basically it’s the shareholder letter Warren Buffet writes each year since 1977. Every year it’s a hot topic of debate and there’s gems a-plenty. This time, he discusses a lot about his mistakes which I think makes him unique in the market – in that he talks more about his failures than his successes. Editor’s Note: Incidentally I never trust a person who only talks about their wins, never their losses/learns. Anyone who has been investing for a while knows that the more…
