2022-07-31 04:22
I decided to transfer another A$500 into my Superhero trading account and use the funds to buy some Teucrium WEAT and CORN ETF units. Global food shortages and price increases seem likely gi… Read More
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Learn how to accumulate a seven-figure net worth on a five-figure salary.
2022-07-20 02:08
I had seen some online adverts and reviews for the masterworks.io investment scheme, and Moomin had made some investments via Masterworks. I've recently added some regularly small inve… Read More
2022-07-16 16:08
As I don't have any tertiary studies at the moment (haven't applied to any other unis for a PhD candidature since WSU declined my application) and I haven't enrolled in the course I will nee… Read More
2022-07-16 12:18
One of the PF bloggers I follow is Moomin as he is located in Australia and we met briefly when he was in Sydney when he returned to Australia from the US several years ago. It is inter… Read More
2022-07-10 06:35
I've had the 'flu for a week and didn't feel like doing much CPD study, my Kaplan assignment on SMSFs, or anything else of much purpose, so I've been watching some youtube miscellany. One of… Read More
2022-07-02 06:22
My monthly NW estimate has been updated in NetWorthShare for the end of June. Chart is in the side-bar.Stocks and managed fund investments suffered from significant US and local market decli… Read More
2022-06-16 01:24
I recently watched a video that pointed out that Platinum was relatively 'cheap' compared to the traditional ratio of platinum to gold spot price (I had, indeed, grown up in a period when pl… Read More
2022-06-14 13:52
While I still have a large exposure to Australian and global stock markets via my SMSF investment, it doesn't have any gearing and is invested for the 'long term' so I can be fairly sanguine… Read More
2022-06-02 05:36
My monthly NW estimate has been updated in NetWorthShare for the end of May. Chart is in the side-bar.Stocks and managed fund investments suffered from modest US and local market declines du… Read More
2022-05-20 06:33
Economists like to think of economics as a 'science' but although it uses a lot of graphs, numbers and statistics it is firmly rooted in psychology and crowd behavior which means any one eve… Read More
2022-05-16 01:42
DS1 finished his IT degree at the end of 2020 and started working at the Sydney office of a large local IT startup that has grown into a significant international online during the past deca… Read More
2022-05-06 05:55
As I think I mentioned in my monthly NW update, I decided to liquidate my stock market and mutual fund investments in my St George and Commsec margin lending accounts, as I was concerned tha… Read More
2022-05-02 23:18
My monthly NW estimate has been updated in NetWorthShare for the end of April. Chart is in the side-bar.Stocks and managed fund investments suffered from US and local market declines during… Read More
2022-04-28 07:52
I normally just have a regular $200/mo savings plan with Perth Mint Online Depository to purchase $100/mo of silver and $100/mo of gold at a 0.5% premium to the spot price. It is one of the… Read More
2022-04-24 02:46
My 12 month prepaid mobile phone plan was due to expire in a few days, so my plan provider Kogan conveniently sent me a 'special offer' via SMS. I simply had to reply with coded "PROMO" to g… Read More
2022-04-20 03:59
I did a bit of provisional enquiry about getting 'pre-approval' of an investment property mortgage for the off-the-plan apartment I "bought" a few years ago. Construction is due to be comple… Read More
2022-04-01 11:56
My monthly NW estimate has been updated in NetWorthShare for the end of March. Chart is in the side-bar.Stocks and managed fund investments increased strongly during this past month, despite… Read More
2022-03-24 01:27
I keeping with the war profiteering theme, I decided to buy into an oil ETF on my margin lending account. Of course oil would have been a great investment back in 2020 when it bottomed out a… Read More
2022-03-22 08:33
Although I had sold off most of my direct share investments recently (to simplify my record keeping and tax returns) I couldn't resist having a bit of a bet that the Russian invasion of Ukra… Read More
2022-03-01 12:31
My monthly NW estimate has been updated in NetWorthShare for the end of February. Chart is in the side-bar.Stocks and managed fund investments increased slightly during this past month, up $… Read More
2022-02-25 07:26
Interesting to see that although the Dow has dropped about 6% since the latest Russian invasion of Ukrainian territory commenced, and the German DAX has dropped about 8%, the Australian mark… Read More
2022-02-02 00:09
My monthly NW estimate has been updated in NetWorthShare for the end of January. Chart is in the side-bar.Stocks and managed fund investments decreased significantyduring this past month,dow… Read More
2022-01-21 04:57
Looks like I *might* have made the correct decision to sell off my margin loan portfolio last week - the share markets are looking decidedly shaky at the start of 2022. The prospect of risin… Read More
2022-01-14 00:18
While I normally don't try to "time the market", I occasionally succumb to temptation when it seems there is lots of downside risk and little upside potential. I did that with our SMSF inves… Read More
2022-01-08 00:31
Despite an intention to simplify my finances, I was interested in investing in some of the US defence industry stocks, such as LMT (Lockheed Martin), Ratheon (RTX) etc. There is an iShares A… Read More
2022-01-04 04:40
My monthly NW estimate has been updated in NetWorthShare for the end of December. Chart is in the side-bar.Stocks and managed fund investments increased during this past month, up $9,454 (3… Read More
2022-01-04 01:44
For the end of December the emailed trading signal is to invest 60% in QQQ and 40% in TLT. As this is the same allocation as last month, I don't need to do any trades this month. However as… Read More
2021-12-29 04:35
I must admit I don't really make 'resolutions' (as in I'm definitely going to keep them), but instead I tend to make 'to do' lists of things I would like to achieve (and that are theoretical… Read More
2021-12-23 00:18
I haven't needed to do any trades on my '12% solution' portfolio for the past few months, which saved on trading costs. However, I got an email reminded from IG that there is a quarterly 'fe… Read More
2021-12-10 02:30
The result for my final subject in the Master of Financial Planning degree came out this morning. I managed to get a Distinction (with a mark of 81/100) in the 'Contemporary Issues in Taxati… Read More
2021-12-07 02:49
According to a new report on inheritance in Australia released by the Productivity Commission, contrary to popular perception, the transfer of wealth via inheritance actually helps reduce in… Read More
2021-12-04 17:10
I was doing some reading for a Margin Lending 'course' from Kaplan learning (to possibly add margin lending to the list of things I'm approved to give personal financial advice on as a regis… Read More
2021-12-04 16:40
My monthly NW estimate has been updated in NetWorthShare for the end of November. Chart is in the side-bar.Stocks and managed fund investments increased slightly this month, up $2,907 (0.95%… Read More
2021-12-04 01:17
For the end of November the emailed trading signal is to invest 60% in QQQ and 40% in TLT. As this is the same allocation as last month, I don't need to do any trades this month, which will… Read More
2021-11-02 05:00
My monthly NW estimate has been updated in NetWorthShare for the end of October. Chart is in the side-bar.Stocks and managed fund investments decreased this month, down -$9,618 (-3.05%) to h… Read More
2021-10-31 07:08
For the end of October the emailed trading signal is to invest 60% in QQQ and 40% in TLT. As this is the same allocation as last month, I don't need to do any trades this month, which will h… Read More
2021-10-18 01:57
Apparently China recently tested (with reasonable success, aside from a lack of pin-point accuracy) a new hypersonic glide weapon that can carry a nuclear warhead. Russia apparently already… Read More
2021-10-05 07:03
I finally was notified of the ATOs decision regarding my application (made at the start of July) for 'discretion' to claim the losses made by my financial planning business in my tax returns… Read More
2021-10-03 03:46
My monthly NW estimate has been updated in NetWorthShare for the end of September. Chart is in the side-bar.Stocks and managed fund investments decreased this month, down -$12,244 (-3.74%) t… Read More
2021-10-01 00:23
For the end of September the emailed trading signal is to invest 60% in QQQ and 40% in TLT. As this is the same allocation as last month, I don't need to do any trades this month, which will… Read More
2021-09-28 05:10
I came across a few youtube videos recently featuring Dr David Sinclair who is a leading researcher into aspects of longevity. He is working on a medical test to measure one's biological age… Read More
2021-09-28 02:13
After keeping close to 'zero Covid' for the first half of 2021, and therefore not worrying too much about the slow rollout of Covid vaccines compared to some other parts of the developed wor… Read More
2021-09-19 06:21
My macronutrient daily averages for week 5 were:fibre 15.6 gfat 18.9 %protein &nb&hell…Read More
2021-09-16 01:09
In a shock outbreak of intelligent decision making, the Australia government today announced that they would scrap the trouble-plagued deal to build a fleet of vastly expensive, and probably… Read More
2021-09-12 03:49
My macronutrient averages for week 4 were:fibre 12.7 gfat 17.5 %protein &n&hell…Read More
2021-09-07 07:40
My macronutrient averages for week 3 were:fibre 16.1 gcarbohydrates 65.1 %fat 18.1 %prot… Read More
2021-09-01 15:39
My monthly NW estimate has been updated in NetWorthShare for the end of August. Chart is in the side-bar.Stocks and managed fund investments increased this month, up $7,499 (2.33%) to have $… Read More
2021-09-01 00:39
For the end of August the emailed trading signal is to invest 60% in QQQ and 40% in TLT. As this is the same allocation as last month, I don't need to do any trades this month, which will he… Read More
2021-08-31 01:21
My macronutrient averages for week 2 were:fibre 16.1 gcarbohydrates 67.7 %fat … Read More
2021-08-30 23:00
An article in today's SMH summarized a report by KPMG which found that during 2020-21 the average expected retirement age for males in Sydney rose by six months (to 65.3) compared to the pre… Read More
2021-08-26 07:32
My weight had crept back up over the past 18 months of 'work from home' (and 'ad libitum' eating), so on Sunday 15th I decided to go back on a 'diet' - basically just cutting out all the jun… Read More
2021-08-15 11:26
I've been parking my 'new' (second-hand 2002 model) S-type Jaguar under our carport since I took delivery of it last week, as our lock-up garage was full of things being 'stored' in our gara… Read More
2021-08-15 10:56
Prior to the pandemic and work-from-home (WFH) regime that commenced in March 2020, I had been quite successful in losing a lot of my excess weight, and had been going regularly to the gym (… Read More
2021-08-12 05:27
Despite the economic impacts of the pandemic in the 2020 - a "short sharp recession", on dip in house prices, and the share market bear market during the first half of the year, the growth i… Read More
2021-08-10 02:02
After getting through 2021 relatively unscathed (compared to the US, Europe and many other countries) in terms of infections and deaths, most people had expected 2022 would continue to see A… Read More
2021-08-10 01:46
The S-type Jag was delivered yesterday, and it looks very stylish and is in pretty good condition. A little bit of wear and slight cracking in the driver's seat, but that is to be expected f… Read More
2021-08-06 04:36
Having recently given away my Ford Escape to DS1 as his 21st birthday present, I decided to have another go at buying an S-type Jaguar as my 'new' (used) car. Last time I tried this was back… Read More
2021-08-04 14:39
Found this on youtube, and it is quite a good general discussion of the basics of doing your own financial plan.Subscribe to Enough Wealth. Copyright 2006-2021 Read More
2021-08-03 02:20
DS1 finished his computer science degree (with Distinction) last year, and ended up with two good job offers, eventually taking a position at a local IT 'unicorn' company. He's recently pass… Read More
2021-08-02 04:31
My monthly NW estimate has been updated in NetWorthShare for the end of July. Chart is in the side-bar.Stocks and managed fund investments decreased slightly this month, down -$32,464 (-9.21… Read More
2021-07-31 00:51
For the end of July the emailed trading signal is to invest 60% in QQQ and 40% in TLT. As this is the same allocation as last month, I don't need to do any trades this month, which will help… Read More
2021-07-26 03:27
My monthly automatic transfer of funds into my PMO cash account was processed on the 15th, and my savings plan standing order to buy gold and silver at the start of each month would normally… Read More
2021-07-15 05:31
As a consumer I was only vaguely aware of the extent of the 'commissions' being paid to 'advisers' by financial products I had invested in. I knew they existed, and because I bothered to rea… Read More
2021-07-06 15:41
I've tried to contribute the maximum amount allowed as a concessionally taxed contribution in my superannuation each year. For the last few years that was $25,000 pa, but this FY it has been… Read More
2021-07-03 06:02
Normally you can't claim a loss (tax deduction) for a business that is only a hobby or lifestyle choice. Even if it has business-like characteristics, if it is unlikely to ever make a profit… Read More
2021-07-01 06:50
My monthly NW estimate has been updated in NetWorthShare for the end of June. Chart is in the side-bar.Stocks and managed fund investments increased this month, up $10,941 (+3.20%) to have&n&hell…Read More
2021-07-01 01:20
For the end of June the emailed trading signal is to invest 60% in QQQ and 40% in TLT. As this is a change in allocation from last month, it requires selling off both SPY and JNK and buying… Read More
2021-06-26 02:53
After several months of relative normality since the North Beaches region of Sydney was in lockdown (I was still working from home (by choice), but DS1 was going to his new job in the city o… Read More
2021-06-23 14:32
In an annual study produced by investment bank Credit Suisse the median level wealth for Australian adults was calculated to be $A315,380, pulling ahead of previous #1 country - Belgiu… Read More
2021-06-02 02:55
My second monthly savings plan deposit (I increased the amount from $100/mo to $200/mo in May) went across to my Perth Mint online depository account on the 15th May. The scheduled bullion p… Read More
2021-06-01 06:01
My monthly NW estimate has been updated in NetWorthShare for the end of May. Chart is in the side-bar.Stocks and managed fund investments decreased slightly this month, down $2,121 (-0.62%)… Read More
2021-05-30 03:48
Medicare is Australia’s universal health insurance scheme. It guarantees all Australians (and some overseas visitors) access to a wide range of health and hospital services at low or n… Read More
2021-05-29 01:22
For the end of May the emailed trading signal is to invest 60% in SPY and 40% in JNK. As this is a change in allocation from last month, it requires selling MDY and buying SPY. When the mark… Read More
2021-05-12 04:46
While unit (apartment) prices in the suburb where I bought my $1m 'off-the-plan' unit have remained fairly steady during the pandemic, last night's federal budget projections regarding the r… Read More
2021-05-10 07:52
On a positive note, the ASX200 closed at an all-time high of 7172.8, finally surpassing the previous closing high set in Feb 2020 (just before the pandemic's impact), and within 25 points of… Read More
2021-05-07 12:56
As I already have a regular monthly transfer of cash into my Perth Mint Depository online account, and the first monthly $100 gold purchase was processed as expected, I decided to increase m… Read More
2021-05-06 00:17
My conservative trailing stop-loss on my Amazon CFD position closed me out last night when Amazon shares continued the previous day's weakness. I'll wait a while before going back in, as the… Read More
2021-05-05 08:05
To take my mind off the worries of Covid-19 pandemics, potential stock market bubbles bursting, and rampant economic stimulus measures leading to high inflation, I though I'd just grab the l… Read More
2021-05-04 01:28
If anyone in Australia is thinking about investing in peer-to-peer lending, the lender Plenti is currently (until 30 Nov 2021) offering a $50 bonus if you invest $1,000 in their 5-year incom… Read More
2021-05-03 15:48
The first $100 monthly cash transfer into my depository account was processed in the middle of last month, and my regular savings plan of a $100 gold purchase each month was processed today… Read More
2021-05-03 04:16
My monthly NW estimate has been updated in NetWorthShare for the end of April. Stocks and managed fund investments gained a healthy amount this month, rising $8,618 (2.57%) to have &hell…Read More
2021-05-01 06:26
For the end of April the emailed trading signal was to invest 60% in MDY (SPDR S&P MidCap 400 Index Fund) and 40% in JNK. This is the same asset allocation as last month so I don't need… Read More
2021-05-01 02:39
As the saying goes "It's difficult to make predictions, especially about the future" (attributed to either Niels Bohr or Yogi Berra, but probably said by nearly everyone who has ever tried t… Read More
2021-04-28 02:45
An article in yesterday's 'Money' column in the SMH about a new retirement income product from QSuper they call a 'lifetime pension'. It is quite similar to a standard lifetime annuity produ… Read More
2021-04-24 11:02
I found some monthly data for the Australian All Ordinaries index since 2000, and for the average monthly spot gold price expresses in AUD. A plot of the All Ordinaries index expressed in ou… Read More
2021-04-21 13:09
Aside from determining your risk tolerance, investment time frame, and hence a suitable asset allocation to invest in (preferably via low cost options such as ETFs and index funds), one of t… Read More
2021-04-21 08:47
As mentioned previously, I've set up an online depository account with Perth Mint and will be purchasing $100 (-$0.50 transaction fee) of gold bullion each month which will be stored in thei… Read More
2021-04-16 07:07
I recently came across several youtube videos of Peter Zeihan presenting his view regarding the future of global trade if/when the USA stops enforcing global free trade, and various countrie… Read More
2021-04-16 06:31
DS1 turns 21 next month, and since he graduated last year he will no longer be covered by my private hospital insurance plan (that my employer subsidizes). As he will have only been working… Read More
2021-04-15 05:34
Watching a video about the recent progress in AI, robotics, the Armenian-Azerbaijan war (that lasted six weeks last year and I hadn't even heard about - apparently it was won largely using a… Read More
2021-04-14 07:43
A week after submitting my application to open an online depository account with Perth Mint/Gold Corporation (where I had to provide snapshots of my passport ID page and a statement from the… Read More
2021-04-07 05:04
I had bought some CPU (Computershare) stock for DS2 when he was a child, so he currently has 250 CPU shares in his stock 'portfolio'. Computershare recently did an institutional fund raising… Read More
2021-04-02 05:20
I managed to scrape in a 'high distinction' grade for the 'financial planning research project' course I did this past semester (Q1), with a mark of exactly 85% (the bare minimum mark requir… Read More
2021-04-01 05:39
My monthly NW estimate has been updated in NetWorthShare for the end of March. Stocks and fund investments gained a bit overall this month, although it was quite a choppy month with con… Read More
2021-04-01 01:35
For the end of March the emailed trading signal was to invest 60% in MDY (SPDR S&P MidCap 400 Index Fund) and 40% in JNK. This is a change in asset allocation from last month so I will n… Read More
2021-03-31 06:43
I've been watching a few youtube videos with interviews of the likes of Ray Dalio, Harry Dent etc. predicting inflation/hyperinflation and/or stock market crashes/lost decades (no real retur… Read More
2021-03-28 02:32
Apparently the existing top marginal income tax rate of 45%, plus a 2% medicare levy, plus a 1.5% medicare levy surcharge (if taxpayer does not have private medical insurance) i.e. a total o… Read More
2021-03-23 23:54
I'm fortunate that both my parents are still alive (aged 89 and 85) and reasonably healthy, I also have one great-grand Aunt who is still alive at age 105 (but suffering dementia in recent y… Read More
2021-03-09 13:55
It looks that my theory about Tesla being way overpriced was correct, but my decision to stop trading (shorting) Tesla may have been premature. Oh well, at least I made a little bit of money… Read More
2021-03-04 05:50
I've been receiving regular promotional emails from Microequities Asset Management since 2017 when I first responded to an ad about this fund manager via Morningstar. I decided to take anoth… Read More
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