Reading Time: 1 Minute Hello everyone! So the dreaded “R” word has finally come for Australia. Our federal treasurer Josh Frydenberg has confirmed that yes, we are in recession. In this video, learn about what a recession means, what happened during the last recession, what to expect this time round and also how to prepare yourself for the upcoming recession… My outtake? Be prepared for what’s to come but don’t over-react! There will always be opportunities in the market. Speaking of… I might hit up a more detailed piece on a recession if things get REALLY bad. Here’s hoping we’ll come out of it OK. Did you enjoy this post?…
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3 Portfolios Anyone Can Start Today
Reading Time: 4 Minutes Happy Australia Day everyone! Hope we are all taking the time out to spend it with our loved ones. This weekend also coincided with the Chinese Lunar New Year so it was a doubly joyous occasion for The Frugal Samurai household. Happy New Year! Australia Day also marks the time when the year starts to kick off again in terms of activity and work. The Christmas and New Year slow-down period is firmly in the rear-view mirror, and it’s time to get back on the horse. It’s also the time when we reflect on our New Year resolutions and see how far (or not) we have…
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Millionaire by 30 – How I Did It (Final Part)
Reading Time: 3 Minutes Merry Christmas 2019 everyone! How’s your Christmas going? Plenty of food and good times with your most dearly beloved I hope! MrsFrugalSamurai and I are about to head off to have dinner with the fam fam, but before that, I wanted to share a quick post to continue with this mini-series. If you joined us late, here is Part 1 and Part 2. Part 3 As mentioned at the end of Part 2, I graduated from uni and entered the full-time workforce during the GFC… in banking and financial services no less. What I saw and learnt during this time deserves a post all on its…
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How to Invest in Berkshire Hathaway Shares? Introducing… STAKE!
This post may contain affiliate links, meaning I may receive a commission if you decide to sign-up using my links/code at no cost to you. Please read on for more info. Reading Time: 3 Minutes Howdy all! Some VERY exciting news here. OK, so we all know who Warren Buffet is. Most know what Berkshire Hathaway is, which is the company Buffet owns to, y’know, buy stuff. But did you know that the return for those investors who were at the beginning of Berkshire Hathaway (in its current form) from 1965 to 2018, is a whopping… 2,472,627%… um wow. Compare that to the S&P 500 which returned just over 15,000%…
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What’s a Trade War?
Reading Time: 2 Minutes Golly gosh, it’s that time of the week again right? Another episode offfff TheFrugalSamurai. A bit late on this post, apologies guys – been driving around half of Sydney yesterday chasing my tail. THEN I realized I was doing so somewhat illegally… as I completely forgot about renewing the bloody car insurance. LUCKILY nothing happened (breathes huge sigh of relief). Excuse my absent-mindedness, got a lot on my plate. Like? To tell the truth, a big sticking point is figuring out where to make my dollars work the hardest right now. Traditionally I’m a property and shares kinda guy as you know, BUT currently real estate…
