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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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…
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October Net Wealth Update
Reading Time: 2 Minutes Uh oh, looks like we are on a roller-coaster again. Plenty of action going on with the 2nd and 3rd waves overseas and US election dominating the headlines as we head into November. NOVEMBER! Wow, can you guys believe it – where does the time fly eh! Been crazy busy this month, mainly cos work is letting everyone back into the office again. Sigh, back on the hamster wheel we go it seems. Steady as she goes with investing, same as with September, we jumped in and out of a few trades – nothing to write home about. Oh and fingers-bloody-crossed but we are close on…
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RENT OR BUY A PROPERTY IN AUSTRALIA? (Youtube Video)
Reading Time: 1 Minute The great debate, is it better to rent or to buy a property here in Oz? As we all know, the great Australian Dream is to buy your own place and put up roots, but as property prices continue to rise, many young people are concerned we’ve missed the opportunity to get in – and it makes more financial sense to rent, which is the best way to go? Transcript: The great debate rages on! As we all know, the great Australian Dream is to buy your own place to live and to put up roots. But as property prices continue to rise, many of us…
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Why Markets Rise
Reading Time: 3 Minutes “Why are markets rising?” Hm, interesting question MrsFrugalSamurai posed to me last night, as she clicked on another James Charles video. James Charles, for the uninitiated, is an American internet sensation/make-up artist/Youtuber. Why women are following men for make-up advice, is beyond the scope of this discussion. “I mean, why are markets rising when the economy is struggling?” Pay attention to that video woman, and get rid of these here wrinkles, I thought but did not say as I love my wife. As I stepped away from the mirror, I began to think. Why are markets rising? Everyone knows that COVID-19 has pretty much put the…
