Reading Time: 2 Minutes Hello all! Hm, well not too much has happened this month to tell the truth. Of course, broadly speaking May saw the easing of social isolation measures for Aussies as a whole. But we must remain vigilant people! The risk of a 2nd wave is increasing each day as more and more of us step outdoors. On a personal level, I haven’t made any enormous moves – just been steady as she goes. I must admit I did get too greedy when the market bottomed in March, as I didn’t think valuations were on discount enough to plunge deep. Which has seen me miss out on…
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4 Financial Lessons from The Last Dance
Reading Time: 3 Minutes GOAT. Legend. Genius. Are the words that I utter to myself looking in the mirror. And they’re also some of the labels Michael “MJ” Jordan has worn during his time on and off the court. How lucky are we, to have obtained a unique insight into what drives the great man, in the Netflix documentary – “The Last Dance”. If you haven’t seen the doco, even if you’re not a basketball fan, do yourself a favour – please watch it. Because as you will see – besides being a supreme athlete, a marketing phenom and one of, if not THE greatest basketball player of all time…
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The Frugal Samurai Interview Series – Aussie Firebug
Reading Time: 4 Minutes Howdy boys and girls, we’ve got another special guest today on the interview series. It’s the Aussie Firebug! You might have heard of him already, but he runs a very popular podcast and blog over at aussiefirebug.com AFB from Aussie Firebug Without ado… Hey AFB! How old are you and Mrs FB? 30 and Mrs FB is 28. Do you have kids? Not yet 😉 What area of the country do you live in? London atm but I’m from country Victoria. What is your current net worth? Around $680K. What are the main assets that make up your net worth and is there any debt that…
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“COVID19 – did it even happen?”
Reading Time: 3 Minutes This was a question posed in our investing group recently. It’s a little facetious I know, because Covid-19 undoubtedly DID happen – just look around you to see how the world has changed. But what the question was regarding, is the fact that the markets – the Australian stock market (ASX) to be specific, is charging full steam ahead for a V-shaped recovery. Case in point, there are now stocks whose prices are above their pre-covid levels! Stock A (well-known iron ore producer) Stock B (lesser well-known IT company) Of course, these are only two companies – but if I dig deep enough, there are…
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60% of Australian Renters Are Facing Affordability Issues
Reading Time: 3 Minutes The Australian economy has been stopped in its tracks due to the Coronavirus lockdown. Personally I’ve been fortunate that I am still employed (for the moment) and have a paycheque coming in. But as you guys know, the majority of our net wealth is in residential real estate, so I’ve been mentally preparing myself for the increasing likelihood that one, some, or God forbid, ALL of my tenants will seek some form of rent relief. And lo and behold, it happened today: Hello The Frugal Samurai, The drastic measures that the government has put into place right across Australia to ensure a flattening of the curve,…
