Reading Time: 3 Minutes Hai everyone, how’s it all going? Some interesting developments happened last week in the world of Cryptos which you may or may not have noticed. Facebook came out and released a white paper (an info pack) about a new Cryptocurrency it’s originating called Libra and Calibra, the Blockchain platform supporting the back-office function. It’s just another example of how the Blockchain is coming to the mainstream. Wait… Cryp what? Block…chain? Blockchain is the system in which a record of each financial transaction made in Libra (or any other cryptocurrency such as Bitcoin) is maintained across computers that are linked in a peer to peer network, i.e.…
-
-
Hong Kong Protests
Reading Time: 3 Minutes Hi guys! Back again for another post tonight… Sigh, still getting over the news of last week (read here), but hey I’ve said right at the start of this blog that I’ll try and push through the good and the bad. Life’s not all about sunshine and lollipops y’know. I think too many of us on the interwebs only portray our best face forward, but life’s a biatch and sometimes we all gotta acknowledge that. Anyway. Takes deep breath. Back to it. In the last week or so you might have noticed that something is rotten in the state of Hong Kong. There’s been mass protests…
-
The RBA Cut Interest Rates… So What?
Reading Time: 2 Minutes Howdy everyone! All together for another rendition of TheFrugalSamurai? You betcha! Been a headline making week for us Aussies, it’s the first time our central bank (Reserve Bank of Australia) has moved the benchmark cash rate since August 2016. With a cut in the official rate to 1.25%, this marks a historic low for our nation. But what does it all mean? In a nutshell, it means that the country ain’t doing so great, and that the powers-to-be decided they needed to do something to kick-start it. You see, lowering rates should encourage increased investment and spending through cheaper access to borrowing. How? Well, in simple…
-
How Much to Make $10,000 in Dividends?
Reading Time: 2 Minutes Howdy guys, how’s everyone? So I was on a hot date with MrsFrugalSamurai last night and she was lamenting the fact that she feels pretty burnt out recently. Fair enough I was thinking, you have to put up with me dear… But no, she was feeling burnt out mainly through her J.O.B. “Why can’t I just be a stay-at-home-housewife!” she exclaims, looking directly at me. Sigh, why can’t I be the housewife instead!..Is not what I said to her in reply. Luckily for me, she moved on to regale me with updates of the latest James Charles spat…something about a guy with two first names not…
-
Huawei – What Now?
Reading Time: 2 Minutes “Hey son, how do I use this?” I looked up from what I was reading…(Tintin and the Red Sea Sharks) to see my mum with a confused look on her face. Then I looked down at what she was holding. A Huawei phone. Dum Dum DUM…cue dramatic music. OKOK, let’s take a step back here guys – so what right? Some of us have Apple Iphones, others have Samsung Galaxies, so what if your mum has a Huawei phone? Well, unfortunately for Mum, she’s just become an unwitting pawn in the escalating trade war between the US and China. I wrote about the trade war earlier…
