A bit of change this week! I’ve curated this post with a few updates and interesting things for you to check out.
All in Personal Finance
A bit of change this week! I’ve curated this post with a few updates and interesting things for you to check out.
More people than I can count ask me whether I would buy a rental property, by which they mean a single house which I would rent out. Buying a slice of the commercial building rental market is a much more interesting proposition.
In November 2016 I wrote about student debt and in that blog I spoke to a young woman who was about to begin a two and a half year course at a tertiary institution. Almost one year on I caught up with her for an update. She had just had a night on the turps so I fed her a high sugar, high fat breakfast as we spoke. Ok, so that part of being 18 still has not changed.
This week I had another email from a subscriber. When she is checking up on her investment what the heck do the charts and graphs mean?
Welcome to my shortest blog post ever! I have written a succinct list, using as few words as possible, that encapsulates the rules I live by in one way or another every single day.
Read any PF blog, listen to any FI podcast and they will all tell you that buying a new car is a dumb idea, akin to getting some of your hard earned money out of the bank and putting a match to it. I learn a lot by reading but I also learn a lot by doing and to my shame I have first hand experience in buying brand new cars, because I’ve done it five times.
Last week I wrote about how I had moved my daughter's investment from an ANZ Managed Fund to SmartShares. I was pretty happy with my decision. After I had made the switch I received a number of comments from my super clever subscribers and they said I had made a bit of an ERROR in going with SmartShares instead of SuperLife for my daughter.
The thing I have learnt about gold in the last year and a half, that I would not have learned if I had not dipped my toes in the water and actually bought some is that gold is EXTREMELY volatile. Investing in gold is like share trading on 10X speed; everything moves so FAST.
I was asked this week what I thought about the interest free deals that are constantly on offer. Just remember, when you are borrowing someone else’s money, NOTHING is free OK?