Reading Time: 2 Minutes Hey! Clear the way in the old bazaar Hey you! Let us through! It’s a brand new star! Oh come, be the first on your block to meet his eye! Make way! Here he comes! Ring bells! Bang the drums! You’re gonna love this guy! Which guy? Well… Mr Bitcoin of course! I know, I know. I’ve posted about Bitcoin and Cryptocurrencies before (read here, here, here and so much more). BUT. There’s been some huge albeit largely undetected news going on in the Crypto world. Bitcoin is back Baby! Whoa! Just look at that price chart. From a low of just over US$4800 in March,…
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Is it Dangerous To Be In Equities (Now)?
Reading Time: 3 Minutes Today’s post is an expansion to a brilliant question from one of the social media groups that I subscribe to. Is it Dangerous To Be In Equities? To paraphrase, the original poster queries the majority of people in the FIRE community who have an asset allocation consisting of 100% in equities, a majority of which sits in index funds (ETFs). It seems like the narrative is “Buy equities, passively, at any price, indefinitely, and hold virtually no other assets, it’s all good coz you can’t beat the market, oh and lowest fees possible”. Occasionally with “use margin or other leverage to speed it up”. With equity…
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Ultimate Beginner’s Guide To ETFs (Youtube Video)
Reading Time: 1 Minute A very quick and simple introduction to an asset class which has seen exponential growth in the last few years – Exchange Traded Funds, or ETFs for short. With a total global market cap in excess of $7 trillion – ETFs have definitely become a mainstream asset class. Watch the video here: Transcript: Today’s video is going to be a very quick and simple introduction to an asset class which has seen exponential growth in the last few years, and that is on exchange traded funds, or ETFs for short. With a total market global market cap in excess of $7 trillion – ETFs have definitely…
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The Frugal Samurai Interview Series – Ms FieryIce From Two To Fire
Reading Time: 3 Minutes What’s up everyone! The rain’s are gone and Summer is almost here – WOOHOO! Another guest interview today, highlighting the who’s who of Aussie FIRE Bloggers. This week we have Ms FieryIce and Mr Fireball from Two To FIRE. These two shows us that well, sometimes it does take two to FIRE! Haha. If you want to read more about other FIRE bloggers, you can do so here. Ms FieryIce from Two To FIRE Let’s get started! Hey Ms FieryIce! How old are you and Mr Fireball? We are in our mid thirties and have been married for 8+ years now. It’s funny how when anytime we…
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RBA Cuts Rate
Reading Time: 2 Minutes True to form, on Melbourne Cup day, the Reserve Bank of Australia cut the official interest rate by 0.15% to a historic low of 0.1%. Well, well, well – so they cut it again eh? Although to be fair, with Australia plunging into a Coronacession, and the likelihood of elevated unemployment numbers, the RBA is committed to doing whatever it can to support jobs and the economy. And one of their biggest weapons – is cutting the official cash rate. This is supposed to boost business borrowing and consumer spending to try and stimulate the economy to create jobs. OK fair enough, but what does a…
