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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A Day In the Life of a Stock Position!
Reading Time: 5 Minutes Hi guys! Back again for another edition of your favourite Frugal Samurai? Of course you are! What a difference a few days make eh, I mean following on from the previous post (read here), where I was around $3k in the hole from gambling investing in the stock market – the market’s turned a fair bit and now my position is sitting around break-even. Goes to show you how quickly the market can move up and down doesn’t it! And you know they always say to “never” be emotional about investing, but there’s a reason why so very, very few people actually make money in the…
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Back at work I had a Light Bulb Moment, well Two Really…
Reading Time: 7 minutes Hey guys! How’s it all going? Brrrr it’s so very, very wet and cold here in Old Sydney Town, you’d be forgiven to think that winter is coming with the freezing rain and icy winds. Man, I wish I was back in China! Unfortunately I am back, but not in China you see – back at work. Sigh, that’s what happens to us 9to5er’s ain’t it, we’re only allowed 4 weeks a year to venture outside and see the world. Those precious 4 weeks of annual leave is what generates our… William Wallace voice on FREEEEEEEDOM!!! William Wallace voice off Suffice to say I’ve had many…
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What Path Would You Tell Your 15 Year Old Self To Go Down (Part 2)
Reading Time: 13 minutes OK guys, we are BACK! Who’s excited?!!! I know I am, let’s DO THIS. Do what you ask? Finish off the last post (read here), which was the first part of the response to my schoolmate DP ‘s question: Knowing everything you do now, what path would you tell your 15 year old self to go down? So let’s get to it, onto the next part! Wait, aren’t you forgetting something? Oh yeah, that’s right – before we jump in, I have to mention a big THANK YOU to everyone who commented and read through the previous post, it was one of the more commented on posts I’ve…
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Snapshot of the Oz Economy
Reading Time: 5 minutes Hey YOU! (Points finger in your direction). “M…me?” YES YOU! Have you ever wondered how the Australian economy is going right now? What our GDP growth rate and headline figures are? WELL?! HAVE YOU??? “N…no…no” Well today’s your day to find out! “Oh…O…OK” The Reserve Bank of Australia (RBA aka Oz Central Bank) kindly released an economic snapshot (great info-graphics) of how our Australian economy is tracking right now. Given the negativity recently in the media and pundits stating we are overdue for a recession – it’s a prudent time to see just how we are doing. Courtesy of the RBA: Some solid numbers reported, with…
