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…
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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…
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Investing in Real Estate 110 (Loan Structuring Tips)
Reading Time: 9 minutes Wow! What a difference a day or two makes eh! Looks like the Australian politicians were reading the latest post (here) from TheFrugalSamurai and decided (again) to change the leadership of our nation. So for the seventh time in a decade, we now have a Prime Minister in office unelected by the people. Our new PM ScoMo (Scott Morrison) won’t even get a chance to stay long, because the Leader of the Opposition Bill Shorten is odds on favourite to get in come the federal election next year. Which means once Bill comes in – he’s going to be backstabbed by some other candidate from HIS…
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What Are The 3 Big Financial ‘Mistakes’ That People Make (and the first thing they can do right now to rectify them)…
Reading Time: 5 minutes Today’s post is courtesy of my friend Light Beam AKA “Mike’s friend from Canberra”. Light Beam works and resides in our nation’s capital and is employed in the public sector. But what makes Light Beam different to most public servants is that he works for the government body which sets and implements our economic policy. That’s right – Light Beam pulls the strings for the Treasury department. Suffice to say that Light Beam is a pretty switched on kinda guy and someone who knows a thing or two about finance. Inevitably our conversations end up talking about a financial topic or two whenever I get the…
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5 Ways to Combat Stress
Reading Time: 5 minutes What’s up guys – how y’all doing? Hope everyone’s having a great weekend! The days are slowly getting longer which means we’re coming through the back end of winter, as we limp forward through the second half of 2018. How’s your year coming along? Hopefully it’s been productive and fruitful so far. If not – don’t fret, still some time left to get cracking! Sometimes though, I have this feeling that I’m spinning wheels for the sake of spinning them as opposed to actually gaining any ground. Know what I mean? These days, there’s a seeming badge of honour to boast as to how “busy” we…
