Reading Time: 2 Minutes One of the most famous persons on the planet just celebrated a birthday last week, and you might not have noticed it. Warren Buffet turned 90. Everyone of course, knows Buffet. When I first started my investing journey over a decade ago, I certainly looked up to Mr Buffet – as I am sure a whole generation of investors did. His simple, folksy maxims are probably more quoted than any other investor. “Be greedy when others are fearful and fearful when others are greedy”. “It’s only when the tide goes out that we find out who’s been swimming naked”. And my personal favourite, “price is what…
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August Net Wealth Update
Reading Time: 2 Minutes What a difference a month makes, 2nd wave of lockdowns seem to have worked and I’m hoping that things return to normality soon. No big waves on the personal investing front, apart from some rebalancing of portfolios and a couple of big ticket expense items. Although at the macro level, at time of writing – tech stocks have started to take a beating. Fair enough I say, no company can justify 10x of their value in 6 months. My personal opinion is that investing in most tech stocks is speculating on a story, no more, no less. You can read the July net wealth update here.…
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COMPLETE GUIDE TO NEGATIVE GEARING (Youtube Video)
Reading Time: 1 Minute Negative gearing is about as controversial of a topic as you can get in investing here in Australia. It’s always in the media and generates a lot of attention. So what is it, when should you do it and is it still relevant today? Watch the video to find out! Transcript: Today’s video we are going to be talking about one of the most controversial topics in investing here in Australia and that is on negative gearing, and whether it is still relevant in today’s environment. What is it? Many of us will remember Labor losing the unlosable election last year, with one of its key…
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The Frugal Samurai Interview Series – Kara from The Flawed Consumer
Reading Time: 4 Minutes Greetings everyone! Before I start, can I say that I am feeling RE-FRESHED after what has been a wonderful week of RnR. Really needed the time off boys and girls. WHEW. MrsFrugalSamurai took a week off too, so it was great spending quality time together. Raring to jump back into it next week! “Rolls up sleeves and inserts mouthguard”. Today’s post is another episode of our interview series, in which we profile other high flying FIRE bloggers for us to learn about their journey. Please welcome… … Kara from the Flawed Consumer! Kara from the Flawed Consumer Ready? Let’s begin! Hey Kara! How old are you and…
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Role Reversal – We Get Profiled For a FIRE Interview!
Reading Time: 3 Minutes Hey all! Pretty excited today, because today’s post is an extract of a recent “Aussie Millionaires” interview from fellow FIRE blogger “L” from Sustainable Living. The interview is about… us! (By “us”, I mean “me”). Oh and personal finance doesn’t have to mean you give up your social responsibilities, and “L” adheres to this philosophy perfectly with her blend of eco-friendliness and frugality on the path to financial freedom. So make sure you head on over to her site if you haven’t already! Without further ado, here’s the extract: Personal Snapshot Name: The Frugal Samurai Current age: Early 30s. Marital status: Married, no children yet ……
