Reading Time: 2 Minutes Howdy all! And a Happy Valentine’s Day. Ooo and hugs and kisses goes out to my personal Valentine aka MrsFrugalSamurai. She made me feel very special indeed with a uniquely composed card and personalized message. Although I could only decipher two thirds of her writing, the love and warmth shone through. Received with thanks MrsFS. As for my present? Well, that’s for her eyes only of course (truly, otherwise Crime Stoppers would be called). But today’s not about love and chocolates and naked bloggers – no, today’s post is a bit of social commentary regarding what I’m seeing in the markets, or rather the market participants.…
-
-
Your Life In Weeks
Reading Time: 2 Minutes Hola peeps! Sorry went a bit AWOL there, but it’s good to be back! Been a bit full-on these days as MrsFrugalSamurai and I have been beavering away getting things ready for MiniFrugalSamurai. Case in point were some prenatal classes taken at the hospital, which are meant to better prepare first-time parents with what to expect. I didn’t learn anything from these classes. Mainly because I wasn’t paying any attention. Hear me out though – the baby will be delivered at the hospital, with experienced mid-wives, nurses and an OBGYN who does this for a living; oh and MrsFrugalSamurai also works in the medical field. IF…
-
GameStonk
Reading Time: 2 Minutes I have a confession to make. These days, I’ve never made such easy money. I know, I know – what a controversial thing to say The Frugal Samurai! At the risk of sounding like a douchebag, please… hear me out. Mind you, I’m not talking as if I am rollin’ in the Benjamins. Nah. More like a few thou here or a few thou there. You see, in the last couple of months, I have shifted a small allocation of our net wealth into the stock market… or rather into stonks. Now, as a traditional value investor – I had always felt buying stocks was about…
-
Wealth Inequality Rises In Australia
Reading Time: 2 Minutes I was perusing through the interwebs as you do, and came across a very insightful article regarding the wealth or rather, the lack of wealth equality here in Oz. It’s a joint research study by the University of New South Wales and the Australian Council of Social Service and to be honest, it’s very confronting. As we know, COVID-19 has exacerbated what was already a burgeoning wealth gap between the haves and have-nots, and this paper only highlights that. Here are some key take-aways: Household Wealth The below compares the wealth holdings of the highest 10% (highest wealth) of households followed by the next 30% (middle…
-
Australian Housing Tipped To Rise?
Reading Time: 2 Minutes Hola people! Be ready for a bit of a charting binge today. Ever since we recently bought our place (read here), I’ve been monitoring the housing market ever so closely. And I’ve been noticing a few things. What things? Oh y’know, about the state of our economy in general. I’m a responsible man now OK, got a family to think of. So first up is… Employment Here, let’s start with employment: Would you look at that! Sure, employment levels are still lower than pre-COVID, but it’s come back a fair bit hasn’t it? A sharp “V” shaped recovery puts the trend in the right direction. “Clap,…
