Personal Finance

Changes To My Emergency Fund

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Emergency Fund Review As my emergency fund grows to around 3 months worth of expenses, I’m starting to think about how to allocate future contributions. I think a good emergency fund should do two things: The first is obvious! It should provide income incase of unexpected job loss, or a source of funds in a […]

Superannuation

Superannuation Nest Egg Update (September YTD 2016)

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The last time I blogged about my Superannuation fund  was in January (these are like a 401k or other Government mandated retirement account). Since then, three whole quarters have slipped by. As it is raining today (and a Saturday) I’m sat with a cup of coffee and the chance to review the fund, while I watch the rain […]

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 […]

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 […]

Investing

My Investment Journey (so far…)

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Before getting too far into posts on current investment ideas, I thought it might be worthwhile to reflect on and share my investment journey to date. Nothing spectacular, it’s really a story of starting small and testing the water with managed funds before moving to direct equities, ETF’s and LIC’s. My interest in investing started […]

Net Worth Update

Net Worth Update (November 2015)

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Previous update here. I’m not too worried about the decline in net worth this month. Cash was down whilst Superannuation increased, as did other investments due to new deposits. The decline in ‘Other Assets’ is a somewhat arbitrary depreciation schedule for a car I bought second hand for $13,800 earlier in the year, in actual fact, I got […]

Investing

Investing: the Value of Starting Early

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The Benefit of Investing Early. There is sometimes a temptation to postpone investing, particularly for younger investors considering to invest for retirement. After all, what’s another year or two spent living it up when retirement is so far off! The illusion is that by waiting a year or two, we’re relinquishing relatively small returns. Take Joe, who at age […]