Reading Time: 4 Minutes Welcome back folks! Are you ready for part 2 of the case study? In which we answer a question MrsFrugalSamurai sent me: “Have $AU 1.1m to invest (recent inheritance) + $150k savings Current situation: Late 20’s income $100k, partner earns $100k No kids, no assets, no debt Aim is to be a homeowner and financially independent at some stage. How would others split it between: PPOR (principal place of residence, i.e. primary residence) buy outright or deposit + mortgage Investment property Low cost index/ETF/Super Others?” If you missed part 1, or want a refresher – don’t fret, have a quick read of it here. Actually… you…
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How Does Sentiment Affect Real Estate Prices?
Reading Time: 3 Minutes ARGH!!! “Shakes head vigorously” Brrr, bloody real estate. Really doing my head in. You see guys, I’ve got too much choice available at the moment. After our latest hunting trip back from the West Coast, I’ve drawn up about a dozen or so properties which I aim to make offers on. Mind you, not to acquire a dozen, I reckon one, hopefully two max. The problem at the moment is that with choice, I don’t really know where to begin. It doesn’t help that the bargain hunter in me is wanting to low ball the Baby Jeebers out of any deal… In fact, I’ve already blown…
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Here we go again…Down $6k, What Next?
Reading Time: 2 Minutes And it’s back. Just when things were inching their way upwards. BAM. We get hit with another round of trade wars (wrote an earlier piece here), and now further interest rate cuts from a few of the central banks around the world… Looking decidedly SHAKY ain’t it? Suffice to say, yours truly has been caught up with the recent sell-off, down about 6 grand in the space of a week. Who said investing was easy! I find it a bit ironic that I place so much focus and attention to equities, considering it is a small fraction of the overall net worth yet has an enormous…
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My Magazine Article!
Reading Time: 3 Minutes Hola everyone! How’s it goinnnnng? Brrrrrr, winter is coming for old Sydney town ain’t it? What better to do than rug up warm and catch another rendition of your favourite personal finance and development blogger. Today is a SPECIAL post, because it’s the first time yours truly made it onto a national publication… YAY! Wait, what post and what publication? Well, I’ve been a long-time reader of Your Investment Property Magazine, which is an… investment property magazine… for errr…you. “YIP” and the other publication “Australian Property Investors” were (and still is) two of my favourite past-time reads, both dedicated to property investment. There’s always a thing…
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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…
