Reading Time: 4 Minutes What’s up guys! How’s everyone’s week been! December is here, can you believe it?! I know I can’t, was only just remarking to MrsFrugalSamurai that I don’t feel like I achieved anything at all this year. Then she not-so-subtlely reminded yours truly that we did GET MARRIED this year. Oh yeah…that. “It’s what happens when I’m with you babe, time just flies”, is what I was obviously thinking but didn’t quite say out loud. Hindsight eh? Which brings me to the topic of today’s post, Step 5 of a continuation on my friend’s Light Beam question: “How to survive a bear market” BTW have a read…
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There’s Something Going On With This Year’s Melbourne Cup…
Reading Time: 4 Minutes Howdy peeps, how’s everyone’s week going! Yesterday in Oz, we just had the “race that stops a nation”, the annual Melbourne Cup. Although a workday traditionally (except for our Melbournian cousins – who are bestowed a public holiday, (yes gambling is so in our blood, we need a mandated day off just to gamble)), everyone knows that you don’t do actual work on the first Tuesday of every November. It would be un-Australian to do so. Hmm you know, between you and me – this year I can’t help but feel a different vibe beneath it all. I mean, in years past the day would go something like…
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Australian Household Wealth Update – and How YOU Can Get There!
Reading Time: 6 Minutes Ever wanted to know how Aussie household wealth is doing? Well, it seems like the gap between the have’s (them) and the have-not’s (us) is increasing. That is to say, methinks dem rich are gettin’ richer. But don’t just take my word for it – the latest Roy Morgan (amazing research guys) Wealth Report has shown that the biggest gains in the past decade have been among the wealthy top 10%. What about us poor buggers in the bottom 50%? Our share of private wealth fell from a measly 3.9% (yes, 3 point freaking 9) a decade ago to… 3.7%. “Shakes head” Just wow, those at the…
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Latest CoreLogic (RP Data) Property Report and What Does it Mean?
Reading Time: 4 minutes Hi guys! How are we all going? Been a full on week so far – spent the last couple of days out with some clients in the Greater Western Sydney areas. They were showing me their development and residential building sites all across the Western corridor. Currently there’s nothing there except barren land, as far as the eye can see – but one day in the medium term, it’ll come good. They were incredibly bullish on the prospects of their sites, ranging from a few acres to dozens of hectares – but hey, that’s property developers right! So bullish in fact, they were projecting 20%+ development…
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Is the Trillion Dollar Company Here to Stay?
Reading Time: 4 minutes Howdy there fella! Whatcha up to? Stopping by for the latest fix of TheFrugalSamurai? I don’t blame ya! But bear with me a little please, it’s the morning after of the buck’s party for my friend Bubu. Mind you, after the passing of my Grandma recently, I wasn’t quite in the mood for excessive celebrations and called an early night. But that’s not to say that we didn’t have a great get-together. Between all the drinking and cheering and light misdemeanours – I managed to have a few words with a couple of the guys about investing and the markets in general. “Yeah, I prefer Vodka myself…
