Reading Time: 2 Minutes What’s up boys and girls! OK, so I found out something very interesting this week. If you earnt $5,000 a day, Monday to Friday from the time the First Fleet set foot in Australia until now… you wouldn’t be a billionaire. Nope. Although, you would have a paltry $288 million. That’s A LOT of Dough. Yeah, though that’s after 230 years, 250 working days each year at $5,000 a day… BUT If you had the foresight to leave it in a bank account etching out a 2% return p.a. then your $288 million would return… Over $6.2 BILLION. That would be a 22x increase. And that’s…
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WeChat!
Reading Time: 2 Minutes Howdy folks! OK so many of us are familiar with Whatsapp, most of us are familiar with Facebook, and all of us are familiar with Amazon. But what if there is one company which can combine all three? Enter: WeChat You’ve probably heard of them already, but if you haven’t – I thought it best to write up a quick post on an app which is revolutionizing mobile platforms. WeChat When a company’s scale and market penetration is so gigantic that it’s described as “an ecosystem”, and the “only operating system for your life”, you should probably take note. WeChat is one such company (owned by…
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What I’m Viewing
Reading Time: 2 Minutes Hey boys and girls! It’s been some time since I’ve done an episode of “What I’m Viewing”, which is a short selection of articles, videos and links I’ve found useful in the last couple weeks to assist us on our financial and investment journey… The last one was back in July, which you can find by clicking here. Without further ado, let’s get into it! A Taxonomy of Moats I stumbled onto this gem of an article about “moats”. Not the dungeons and dragons kind, but the kind which enables a company to continue to churn out high profits and margins without imitation. More specifically, the article…
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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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I’m Still Here!
Reading Time: 2 Minutes So I thought it best to shoot out a quick post just to let everyone know that yes, I am still alive and no, I have not forgotten about you. It’s just been TOO much this past week. I wrote last time (read here) that I had embarked on a whirlwind property scouting weekend a few days ago… And what a few days since! You see, I had shortlisted and viewed a couple of dozen or so properties in those two days, and now it’s time to get stuck into due diligence. So please excuse me as I’ve been trying to cull this one here and…
