Uncategorized

ASX Sharemarket Game now open

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Twice a year the Australian Securities Exchange offers members of the public the opportunity to take part in a free online, real-time “game” apltly titled the ASX Sharemarket Game.  Players are provided with a virtual $50,000AUD to invest in 200 ASX companies, and alongside thousands of others, you attempt to make it grow over 15 weeks. Due to […]

Personal Finance

Investor Education: Mohnish Pabrai Seminar

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Over the past few days, I’ve been reading The Dhandho Investor  which reading led me to investigate a little more about the author, Mohnish Pabrai (I often like to read about authors whose works I’ve enjoyed). Pabrai is an Indian-American investor who from the mid-90’s to 2013  achieved a pretty impressive annualised return (more on that below!). He comes […]

Debt

I’m Finally Saying Goodbye to Credit Card Debts

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For the first time since March 2014 I have a zero dollar balance on all three of my credit cards (Yes, three 🙁 That’s not a typo!). Each time I breathe out there is a part of me that realises it’s finally happened. I’m not yet debt free, but I owe credit card debt no more. […]

Net Worth Update

Net Worth Update (January 2016)

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Previous update here. January was a reasonable month financially. In addition to my regular income, I was paid $434 for some work completed Q4 2015,  received some cash gifts – I turned 30 🙂 and made $70 selling some furniture left over from my previous rental. Account interest totalled $37, well above average due to the timing of payments following my […]

Personal Finance

How to SAVE MONEY When Grocery Shopping.

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This post could be summarised in a single three word sentence: Spend. Less. OVERALL.* “Any 2 for $7!” In Australia, we see these stickers all over supermarkets advertising discounts on items (normally food) if only we would stump up and buy more than one. It’s an interesting phrase, one that I’ve become more and more curious […]

Retirement

Superannuation Nest Egg Update: Peroformance review 2015

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I’ve talked a little about my retirement savings (“Superannuation” or “Super”) in August and noted that I’d be tracking performance regularly. The main reason for the analysis (reporting) is to ensure I’m getting adequate performance for the fees I’m paying. As I outlined in the article from August, we have three basic options for Super in Australia […]

Personal Finance

A Look Back on my Financial 2015: A Yearly Financial Review

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Perhaps one of the keys to financial independence for us mere mortals is to review our finances on a regular enough basis – at least annually. Specifically this might mean looking at expenses and income along with outstanding debts and investment performance. Half of the battle of course is to reflect upon avenues for increasing income […]

Net Worth Update

Net Worth Update (December 2015)

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Happy New Year everyone! Whatever your plans for 2016, I hope you have a peaceful and productive year ahead. 🙂 Regarding our regular programming… Previous update here. Overall I am quietly pleased with the holding of ground this month. December can be relatively more expensive due to the festivities (it doesn’t have to be of course). […]