Reading Time: 4 Minutes “Argh!” Yells the frustrated young man in front of his laptop screen, a painful wince crosses his facial features. “What’s wrong?” His wise yet still sexually attractive wife calls out, hurrying over. “It’s SOLD already #*@(%&#”, he shouts – slamming his fist down. “Oh… don’t worry, there’s always another one”, she responds… glad her husband is just over-reacting again. He’s just a boy at heart, still throwing those kiddie tantrums – she tells herself, before resuming the latest Korean drama series on Netflix. Her husband continues to yell and curse in the background. ~~~ Sigh. Hi guys – that was the little conversation MrsFrugalSamurai and I…
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What to do in a Bear Market (Part 4)
Reading Time: 4 Minutes What’s up guys! How’s everyone’s week been! December is here, can you believe it?! I know I can’t, was only just remarking to MrsFrugalSamurai that I don’t feel like I achieved anything at all this year. Then she not-so-subtlely reminded yours truly that we did GET MARRIED this year. Oh yeah…that. “It’s what happens when I’m with you babe, time just flies”, is what I was obviously thinking but didn’t quite say out loud. Hindsight eh? Which brings me to the topic of today’s post, Step 5 of a continuation on my friend’s Light Beam question: “How to survive a bear market” BTW have a read…
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What to do in a Bear Market (Part 3)
Reading Time: 5 Minutes “Rrrrraaaaagghhhh!” “Oh help, run away, run away” (the villagers run away). But not Bob, Bob stayed. And then Bob got eaten. The end. ~~~ Whoa what an abrupt and sad story… hey speaking of! I knew a Bob once… he never got eaten by anything… but he was a builder come to think of it. “Rubs chin ruefully”. AHEM. ANYWAY the moral of the above story is if a hungry bear comes looking for food in your village – sometimes being a hero doesn’t work, because being a hero can make you someone’s lunch. This is especially true in the financial markets as well – yknow…
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What to do in a Bear Market (Part 2)
Reading Time: 3 Minutes What’s up guys! How’s the week coming along? Bit of a rollercoaster so far for your truly, work’s been pretty brutal these last couple of days. Life. Is. Hard. But it’s harder if you don’t keep going right! Fight the good fight, it’s what we all must do. Speaking of the good fight, a quick congratulatory word for my friend Bugzy, who was married to the girl of his dreams this week. The one who he can finally “play the piano and stroke my baby’s hair”. I’m just happy that he’s found the one, because if you saw him just 2 years ago… sitting by himself…
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What to do in a Bear Market (Part 1)
Reading Time: 5 Minutes (Voice on screen) “He turns, he shoots, he scores!!! GOOOOOAAAAAALLLLL”. “YEAH BABY!!!” A voice in front of the TV yells. It is a young man, his face flushed, his voice hoarse – the excitement and relief is palpable. Suddenly, the young man turns… Oh, hi there folks – excuse the outburst, been meaning to play some good ol fashioned FIFA for a while now. NEED a break OKAY, deserve it. Sigh, but since you’re here, I know what it is you’re after… the latest in The Frugal Samurai right? (Looks at the TV forlornly, where a soccer game is paused mid-way through the second half). No,…
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Down $3,000 in the Share Market… What Now?
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…
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FIRE Has Reached Our Shores…
Reading Time: 6 Minutes Hey guys! It’s finally here – FIRE has gone mainstream! How mainstream you say? Well, business insider covered an article on it (here) which starts off with: “The Financially Independent, Retire Early (FIRE) movement, strong among millennials in the US, has reached Australia. The goal of an early retirement is becoming popular among young people who don’t like what they see in the future, with healthcare and state-funded pensions crumbling, and aren’t that keen on the idea of a career for life”. That’s right, MILLENNIALS FTW MUTHACHUCKAS! We’re different from other generations in that the old, traditional race of working 40 hours a week for 40…
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What Does the GFC Have To Do With Peanuts? Read to Find Out!
Reading Time: 7 Minutes Hallo meine Damen und Herren, willkommen zu einer weiteren Ausgabe der Frugal Samurai… Warte, Warte COUGHS LOUDLY TWICE. Ah, that’s better. Apologies – I had my German voice on. Should be fixed now. Anyway… Hi guys! How’s everyone doing today? Ain’t it yucky here in Old Sydney Town – old mate Harry and his missus Meg brought the British weather down under, CRICKEY! Wait a tick, too much Aussie… COUGHS AGAIN. Sorry guys, having trouble finding my inner voice this morning… Let’s start again shall we? So this week, there’s been a bit of media attention of where the “next” GFC will come from (e.g. here…
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7 Thoughts on How to Approach FIRE (Final Part)
*This is a longer post but well worth it in my humble opinion. Allow 8-10 minutes. 女士们, 先生们 你们好! Welcome back to another edition offfffff… “THE FRUGAL SAMURAI!” Cue drums, and music and elephants and dancers and other wild shit. I hope you all have been loving life the way it should be loved since we met last. What a difference a couple of days make eh – here in Australia, we’ve past an annual milestone date of 30th June – the New Year’s Eve for accountants. Yes that’s right – accountants around the nation were rejoicing and singing Auld Lang Syne under the mistletoe last night. But not you…
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7 Thoughts on How to Approach FIRE (Part 3)
“Heigh Ho, Heigh Ho, it’s off to work we…” Oh Greetings there! How are you? Welcome, welcome to my humble abode – where we discuss all things finance and how it relates to YOU. Points finger in your direction. Please, please step inside from the cold. Opens the front door to reveal a warm and welcoming fire burning in the sitting room. I know, it’s freezing outside isn’t it? But don’t worry – we’re in the worst of it now, it will be over soon. Hmmm, that reminds me on the topic in which we are discussing today, “7 Thoughts on How to Approach FIRE”. Now mind you, I’ve already…
