2024-04-21 14:22
Seemed to hit a bit of a 'plateau' this past week. I did two weight training sessions at the gym, and on two other days did a stint on the waterrower, plus I did quite a lot of daily walking… Read More
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Learn how to accumulate a seven-figure net worth on a five-figure salary.
2024-04-17 08:02
I've gotten into a routine of doing my daily walking in multiple blocks of 2K to 4K steps in a 15-30 minute sessions. Spread throughout the day this makes it quite easy to achieve my goal of… Read More
2024-04-14 14:33
Diet and walking was on track during the past week, resulting in a -1.3 kg change in weight for the week, and a -1.3% reduction in body fat percentage. The diet and walking resulted in an av… Read More
2024-04-13 03:39
Watching a youtube video about weight loss and body building by Dr Michael Israetel I found a reference to FFMI (Fat-free Mass Index) calculator at https://mennohenselmans.com/ffmi-calc… Read More
2024-04-07 14:48
Only did about 10K steps/day for the first two days of the week, but then picked up and by the end of the week the average daily step count was on target. My average daily protein and % calo… Read More
2024-04-05 09:23
The gym I go to for weight training has stationary bikes, stair walkers and treadmills, but doesn't have any rowing machines. I quite like indoor rowing and would like to replace the ellipti… Read More
2024-04-02 05:03
Chart updated to end of March in sidebar.Stocks/cash increased $11,724 (+4.81%) to $255,683.Retirement savings (SMSF etc) increased by $55,047 (+3.19%) to $1,783,193 in line with the market… Read More
2024-03-31 13:48
Maintained a good daily step count on most days, and tweaked my meals to include a bit more protein and reduced carbs slightly to keep the overall caloric deficit sufficient to continue losi… Read More
2024-03-24 13:25
Managed to get back into the diet routine and get in more daily walking, but I only felt well enough to go to the gym for a moderately light full body weight training session only Sunday.My… Read More
2024-03-19 04:14
My 'progress' so far: Body Recomposition Averages (per day)Week# Wt (kg) Body Fat % cals&nbs&hell…Read More
2024-03-11 01:52
My progress so far: Body Recomposition Averages (per day)Week# Wt (kg) Body Fat % cals … Read More
2024-03-10 07:53
As I have mentioned once or twice previously in monthly NW estimates, another 'asset' I have that I don't bother to include in my monthly NW estimates is my accumulated unused annual and lon… Read More
2024-03-07 22:12
My latest quarterly contribution into my investment bond has been processed per the recently changed asset allocation. The overall allocation is still different from my new settings, as I on… Read More
2024-03-07 08:30
I haven't done an update on how my 'trading' accounts have performed since the end of December, so here is a quick status update.Superhero App account:A$284.05 This is 19 units of BetaShares… Read More
2024-03-04 12:43
For my PhD research I will be gathering some survey results. One of the channels I might use for some aspects of my research is a 'survey sharing' platform called 'SurveySwap'. You earn cred… Read More
2024-03-03 14:07
My progress so far: Body Recomposition Averages (per day)Week# Wt (kg) Body Fat % cals … Read More
2024-03-03 01:39
Moomin has been reflecting on his mortality and considering the need for some liquid cash to cover immediate financial needs 'if anything happens'. He has most of his financial assets invest… Read More
2024-03-01 04:43
Chart updated to end of February in sidebar.Stocks/cash increased $3,243 (+1.35%) to $243,959. (This isn't as much as you would expect, because I lump my various cash accounts into the 'stoc… Read More
2024-02-27 10:14
I've been sticking to 'the plan' for my lifestyle change (less junk food and more exercise) since the 'Pro Physique 90-day transformation challenge' started on 12 Feb. My main goal was to cu… Read More
2024-02-17 11:46
I logged into my Deferred Annuity account to check if the annual cpi adjustment had been made. The purchase date (after a bit of a delay processing my initial online application) was 6 Jan 2… Read More
2024-02-15 02:23
One of my most frequently failed goals is to shed the extra weight I've had since high school, and to make regular exercise a part of my daily routine. I was slightly overweight in high scho… Read More
2024-02-14 05:58
Many people (including myself) had written (or done youtube videos) about why 'the first $100K is the hardest', and Charlie Munger famously said that investing your first one hundred thousan… Read More
2024-02-10 04:56
Since 'tilting' a vanilla index fund asset allocation to those factors that apparently add excess performance (small vs large market capitalization, values vs growth stocks, etc.) I decided… Read More
2024-02-05 09:51
I started my Generation Life Investment Bond ('LifeBuilder') investment at the end of 2020, with an initial deposit of only $1,000. The initial investment was processed on 6 Jan 2021, so tha… Read More
2024-02-03 12:35
The Home Equity Access Scheme (HEAS) is a Federal Government program runs by Services Australia to provide older Australians who are Pension age (67) or older with voluntary access to a non… Read More
2024-02-01 02:02
Chart updated to end of January in sidebar.Stocks/cash increased $7,615 (+3.27%) to $240,716.Retirement savings (SMSF etc) increased by $25,722 (1.56%) to $1,678,500 in line with the market… Read More
2024-01-25 14:27
Having had two previous 'stages' of income tax reform legislation targeted mostly at low and middle income earners, the previously legislated 'stage 3' tax cuts were intended to finally prov… Read More
2024-01-14 01:28
The Money Guys posted an interesting youtube video outlining what they call the 'boiling point' of an investment portfolio. The essential concept is that at some point in your wealth accumul… Read More
2024-01-13 00:32
A funny take on the "1%" by RickySubscribe to Enough Wealth. Copyright 2006-2024 Read More
2024-01-11 06:00
Back in January I switched from using my NAB credit card (paid off in full each month) for most daily expenditure to instead using a Debit card linked to my main bank savings account that re… Read More
2024-01-02 04:38
Chart updated to end of December in sidebar.Stocks/cash increased $4,966 (+2.18%) to $233,101.Retirement savings (SMSF etc) increased by $76,339 (4.84%) to $1,652,778 in line with the market… Read More
2023-12-30 12:25
Summary of my 12% solution 'superhero' portfolio and 'moomoo' day trading account (and whatever miscellaneous trading I might do in future).The "12% solution"" recommendation email from Davi… Read More
2023-12-06 12:36
For anyone in the early stages of retirement savings, it might be of interest to see a rough projection of how savings rate (how much of your after tax salary you save towards retirement) an… Read More
2023-12-02 04:09
Looking at my NW chart there are several significant 'jumps' (up or down) that have occurred during the past 20+ years, so I thought I do a quick recap of the ones that leap out on the chart… Read More
2023-12-01 12:13
Chart updated to end of November in sidebar.Stocks/cash increased $10,971 (+5.05%) to $228,135. This was mostly due to markets performing well during the past month.Retirement savings (SMSF… Read More
2023-11-25 05:05
Superannuation is the system of private retirement savings introduced in Australia in 1992. It was sold as a 'reform' to provide more working Australians with private retirement savings to s… Read More
2023-11-18 05:19
A 'credit score' (or credit rating) in the US is a common concept, as ubiquitous as a SSN (social security number). Australia didn't have the equivalent until fairly recently, with loan appl… Read More
2023-11-09 11:32
The "12% solution"" recommendation email from David Alan Carter for the end of October remained at 60% SHY (or cash) + 40% JNK (or SHY or cash). So I left the 12% solution part of my superhe… Read More
2023-11-03 05:07
In Feb I cancelled my existing SS (salary sacrifice) arrangement as I needed to boost my salary for the investment mortgage approval process, and would also need additional cashflow to servi… Read More
2023-11-01 08:19
Chart updated to end of October in sidebar.Stocks/cash increased $5,953 (+2.82%) to $217,1164. This was mostly due to me lodging my 2023 tax return last month and receiving a tax refund of a… Read More
2023-10-17 07:40
QSuper has an interesting webpage providing details of the average superannuation balance for various age ranges for Australian Males and Females, along with a calculation of the approximate… Read More
2023-10-03 07:13
Browsing through Moomin's blogroll, a post from Climateer Investing to a Nature article about the next supercontinent caught my eye. Looks like my home and investments properties in NSW will… Read More
2023-10-02 05:56
Chart updated to end of September in sidebar.Stocks/cash increased $784 (+0.37%) to $211,211. This was unexpected given the generally terrible month for the stack markets (Dow Jones down -3… Read More
2023-09-30 15:14
The managing agent submitted the NCAT (lease termination application) form (costing me $60) last week, as the tenants had still not been paying their rent weekly in advance as per the lease… Read More
2023-09-30 15:00
The "12% solution"" recommendation email from David Alan Carter for the end of September was for60% SHY (or cash) + 40% JNK (or SHY or cash)So I will liquidate the 12% solution portfolio hol… Read More
2023-09-21 23:52
Apparently the tenants for my rental apartment have not paid the rent since 24 August, so the managing agent issued a termination notice with termination date 22 Sep (today). If the tenants… Read More
2023-09-21 05:55
A Simple Financial Lifecycle Illustrator that you can play around with.All figures are in current $ terms.Enter the average after tax (take home) salary, age start and end full time employme… Read More
2023-09-07 15:33
I currently plan on sticking with my current full-time employment (barring any serious health issues or being made redundant) for another 8 years or so -- which would bring me to age 70. Whe… Read More
2023-09-01 05:05
The "12% solution"" recommendation email from David Alan Carter for the end of August was for60% MDY + 40% JNKSo I will have to update the '12% solution' component of my superhero portfolio… Read More
2023-09-01 04:35
Chart updated to end of August in sidebar.Stocks/cash increased $4,918 (+2.39%) to $210,527.Retirement savings (SMSF etc) decreased by -$7,149 (-0.45%) to $1,589,553Est. of Home valuation (m… Read More
2023-08-17 09:06
Based on 2019 statistics, the average man aged 60-64 and approaching retirement had a superannuation balance of $178,800. And the average woman aged 60-64 and approaching retirement had a su… Read More
2023-08-05 02:36
Inspired by Moomin's post of his SMSF monthly performance compared to comparable Uni/PS super funds (unisuper and PSS(AP)) where he and Moominmama might otherwise have their superannuation s… Read More
2023-08-01 04:48
Chart updated to end of July in sidebar.Stocks/cash increased $23,402 (+12.85%) to $205,509 - but this was largely due to my adding another $5,000 from cash by setting up my new Moomoo tradi… Read More
2023-08-01 03:45
The "12% solution"" recommendation email from David Alan Carter for end of Jul was an unchanged recommendation from last month, I.e.:60% QQQ + 40% JNKSo I was able to leave the '12% solution… Read More
2023-07-26 06:46
I was browsing through Youtube videos (anything to procrastinate working on my PhD literature review or making cold calls to find prospects for my financial planning 'business') and came acr… Read More
2023-07-12 23:58
I decided to transfer A$1,000 into my superhero trading app and convert it and some residual A$ cash balance into USD. A$1,009.79 ended up being US$666.19 after conversion, so I had US$666.8… Read More
2023-07-09 05:50
Can anyone (at least those living in a developed country, and of average intelligence and reasonable health) get rich during their lifetime? And without doing anything exceptional/unique, or… Read More
2023-07-07 06:13
Now that I know the current recurring expense and income for my investment apartment (and making the assumption that interest rate remains unchanged, rent remains unchanged and 100% occupanc… Read More
2023-07-06 06:33
I've started working on the figures I'll need for completing my 2022-23 FY tax return. One of my new items for this year's return will be my investment apartment. The purchase was settled in… Read More
2023-07-03 00:57
Chart updated to end of June in sidebar.Stocks/cash increased $1.018.(0.56%) to $182,107Retirement savings (SMSF etc) increased by $55,928 (3.72%) to $1,558,872Est. of Home valuation (my hal… Read More
2023-06-30 04:33
I won't be able to calculate my monthly updated NW estimate for June until early next week, so I spent a little bit of time updating some comparisons I had previously made of my NW performan… Read More
2023-06-22 02:00
My 'play' actively traded account with superhero has finally started to perform more in line with my expectations - finally WEAT has started to appreciate and my investment in RBTZ is still… Read More
2023-06-17 14:48
eSuperfund finally got our SMSF annual financial accounts and tax return for 2022 finished in early June -- not sure why is wasn't able to be completed prior to the standard 'due date' of 15… Read More
2023-06-01 04:59
Chart updated to end of May in sidebar.Stocks/cash increased $282.(0.16%) to $181,089Retirement savings (SMSF etc) decreased by -$12,169 (-0.80%) to $1,502,944Est. of Home valuation (my half… Read More
2023-05-29 12:12
My 'play' portfolio (where I dabble in a bit of 'active' stock/fund picking -- and usually get it wrong) hasn't performed particularly well since I started trading last year. The portfolio i… Read More
2023-05-12 01:46
An interesting article in The Inside Adviser based on some consumer research by Vanguard Australia. It found that working age Australia's would like a retirement income of $99K and ret… Read More
2023-05-01 06:12
Chart updated to end of April in sidebar.Stocks/cash increased $4,760.(2.70%) to $180,807.Retirement savings (SMSF etc) increased by $27,822 (1.87%) to $1,515,113.Est. of Home valuation (my… Read More
2023-04-19 04:55
Apart from a temporary change from the normal long-term asset allocation of our SMSF I made on Feb 6 2020 (going 'risk off') we tend to stick to our allocation of practically 100% invested i… Read More
2023-04-18 11:03
There is a lot of focus on how much superannuation people save up to fund their own retirement (to a greater or lesser extent). And quite a bit of angst around the fact that high income indi… Read More
2023-04-03 04:35
Chart updated to end of March in sidebar.Stocks/cash increased $26,214 (17.50%) to $176,047. Mostly due to receiving a $30,000 rebate (discount) on the investment unit purchase price after s… Read More
2023-03-08 08:22
The RBA decided to raise interest rates by another 0.25% on March 8. I had hoped (due to my vested interest in interest rates due to my mortgage) that declines in US inflation and energy pri… Read More
2023-03-01 10:11
After completing my MFinPlan degree at WSU (Western Sydney University) I had hoped to be able to do a PhD part-time at WSU, as the lecturer for the two 'research' courses I completed as part… Read More
2023-03-01 09:31
My monthly NW estimate has been updated in NetWorthShare for the end of February. Chart is in the side-bar.The purchase of my investment apartment settled on 24 Feb, and as part of the loan… Read More
2023-02-25 23:30
The purchase of my off-the-plan investment unit finally settled last Friday. I had paid $100,000 deposit back in 2019, plus $41,000 stamp duty, so the balance of $900,000 was due upon settle… Read More
2023-02-11 14:46
I had planned to drive out to a nearby 'dark' sky site (slightly less light pollution than where I live), but due to intermittent cloud cover I decided to just wait at home and when there se… Read More
2023-02-02 01:00
My monthly NW estimate has been updated in NetWorthShare for the end of January. Chart is in the side-bar.My 'Stocks' figure was down -$330 (-0.11%) to $289,243 net equity The Australia and… Read More
2023-01-27 01:54
There were a few hours of clear skies on the evening of 25/26 Jan, so I did another session. My initial attempt to block out the street lamp flare by using the lens hood didn't work - test e… Read More
2023-01-24 07:08
I've been interested in astronomy since childhood, and spent a large chunk of the money I earned working during vacations while I was a uni student in the early 1980s on a Meade 10" telescop… Read More
2023-01-12 03:57
The bank finally approved (with conditions) my investment property home loan application. The loan amount will be $1MM (the full 'purchase price') of which $900K will be used for settlement… Read More
2023-01-08 23:50
As previously posted, I ran a quote for a deferred (for 40 years) lifetime annuity with Challenger the week before my 61st birthday. At the time the quote was to receive monthly payments of… Read More
2023-01-03 05:45
My monthly NW estimate has been updated in NetWorthShare for the end of December. Chart is in the side-bar.My 'Stocks' figure was up $8,942 (3.19%) to $289,573 net equity I closed out a lot… Read More
2023-01-01 08:12
The Russo-Ukraine war was one of the 'black swan' events of 2022. It has cost me about $1K (in donations to charities providing humanitarian aid to Ukraine), but as war has historically been… Read More
2023-01-01 06:44
Review of how I did re my 2022 NY 'resolutions' went, and what to do for 2023:1. Keep working in my full-time job (i.e. hope that I don't get retrenched). TICK. Another year, another dollar… Read More
2022-12-27 14:14
I don't have much 'life (and TPD) insurance' (only around $100K via my employer-sponsored superannuation fund, where my employer pays the insurance premiums - so it is 'free' cover) as our h… Read More
2022-12-17 12:03
DW and I had our 30 minute 'final inspection' tour of my new investment apartment today. Looks very nice and I couldn't find any defects that require fixing. In any case there will still be… Read More
2022-12-06 04:38
As I am about to take on a sizable mortgage, inflation and interest rates (and their future magnitude) is of considerable interest to me. After a prolonged period of very low (below the RBA'… Read More
2022-12-02 10:01
The 'off-the-plan' one-bedroom apartment I contracted to purchase back in 2019 has now completed construction. I have the 'final inspection' scheduled for 17 Dec, during which allotted 30 mi… Read More
2022-12-01 15:31
My monthly NW estimate has been updated in NetWorthShare for the end of November. Chart is in the side-bar.My 'Stocks' figure was up $11,049 (4.10%) to $280,631 net equity.The value of my 'O… Read More
2022-11-03 02:28
** Sponsored Post **Superhero is an easy to use app that I use to trade a small portfolio of US shares without having to pay commissions. I currently had the following portfolio:CORN - … Read More
2022-11-02 05:10
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 recovered some of the recent falls during the pa… Read More
2022-10-15 07:24
As a registered Financial Adviser (sans clients) I'm all too familiar with the litany of complaints the 'Royal Commission into Misconduct in the Banking, Superannuation and Financial Service… Read More
2022-10-03 15:41
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 fell over the past month, probably due to a co… Read More
2022-09-09 16:27
Well, I've been doing occasional Door Dash delivery 'shifts' for about 8 weeks now. I've Dashed mostly on Friday or Saturday evenings during the peak activity time (around 5:30-8:30pm), asid… Read More
2022-09-02 07:24
I may be crap at marketing and have no clients for my financial planning business, but I'll be damned if I don't end up as the most overqualified financial advisor in Australia! ;)Having com… Read More
2022-09-02 03:15
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 value was flat over the month - rising during the… Read More
2022-08-31 02:09
DS2 is in Year 10 and recently picked his subjects for Year 11 (and hence what he will be studying for his HSC exams/ATAR score for uni - English (with Extension 1 and possibly Extension 2)… Read More
2022-08-23 15:27
After an initial online 'interview' back in July regarding joining Masterworks.io with a reduced minimum investment of US$5,000 I still hadn't got around to making an initial investment, alt… Read More
2022-08-01 14:58
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 improved slightly, but as I have eliminated my use… Read More
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
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
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