Reading Time: 4 Minutes The market has bottomed, buy buy buy!!! The market has more to fall, sell sell sell!!! Hi guys! So those are the two main themes out there regarding the state of the market. Those two messages are polar opposites of course, and just like Arthur Fleck, the last couple of months has left you confused, exhilarated, disturbed and above all, in shock. So why are there two distinct views at the opposite end of the spectrum? It’s because of the way we think. Or more specifically, our cognitive biases. Cognition You see, most of us like to think we are rational people, in that we are…
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The History Of Pandemics, COVID-19 In Perspective
Reading Time: 2 Minutes Geez, some of the news just goes from bad to worse right guys? Stay safe, stay vigilant and above all, wash those hands! Despite all the chaos and disruption and FEAR, I thought perhaps we could take a step back and ask why? Why is this happening? And more importantly, why is it happening now? The answer is… … It’s always happened. By this I mean pandemics, and viruses and natural illnesses have always been a part of our history. Indeed, some pandemics have been far, far worse than COVID-19. Our friends at Visual Capitalist constructed a brilliant post on the history of pandemics to give…
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Coronavirus and its Effect on Human Psychology
Reading Time: 3 Minutes Well it’s bucketing rain at the moment in Old Sydney Town boys and girls. What better way to spend our time indoors than to catch up with your favourite personal finance and development blogger! OK, so I wanted to follow-up on my earlier post regarding the hot topic in Australia right now. Which of course, is the Coronavirus. I wanted to revisit this topic because I’m seeing some news headlines about an unprecedented surge in hand-sanitizer right now. Headlines such as: Coronavirus panic causes hand sanitiser to be marked up, sells out at supermarkets And: Coles sells out of hand sanitiser as coronavirus rush hits All…
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How Serious is the Coronavirus?
Reading Time: 2 Minutes Everyone’s heard about it, we’re all in fear of it, but what exactly is the Coronavirus? What is it? Coronaviruses are a family of viruses in the same category as SARS and MERS. They originate from animals and are caused by animal-to-human contact. They are feared because of their ability to cause more severe diseases such as pneumonia, which can cause death. Here’s the comparison between each one: This latest Coronavirus has been labelled 2019-nCoV, and originated in the Chinese city of Wuhan, most likely from a seafood market selling live animals for consumption. So far, it has caused over 300 deaths and cases have popped…
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January Net Wealth Update
Reading Time: 2 Minutes Hello everyone! Welcome back for another episode of The Frugal Samurai. So I was thinking that it’s been a long time since I’ve shared with you all regarding my net wealth. Indeed, the last time was this post back in Sept 2017 (you can read it here My numbers revealed…) Incidentally, it also received one of the highest views on this blog (everyone loves a peek behind the curtains). I can understand why, naturally as a personal finance blog, it makes sense to be as transparent as possible with you guys, so apologies for not doing it earlier. Going forward, I’ll aim to make this a…
