Let’s settle the age old debate. Home ownership or smashed avo and bottomless mimosas? Young Australians are becoming more frugal these days and it excites me to say that financial literacy is improving. However, home ownership rates in Australia reached an all time low in 2016 and unfortunately, this trend is getting worse. But we’re […]
Author: Daniel Moradian
Dollar cost averaging
In an earlier article, Accumulating assets, we discussed our award-winning, ingenious get rich quick plan – buy low, sell less-low. Well, much like Patrick J. Adams in the hit legal drama which made lawyers seem cool (admittedly only to other lawyers), I’m a fraud. Yes, obviously it would be ideal to buy any asset at […]
Socially responsible investing
My endgame in life is and always will be to do my bit to help leave this world a little bit better off than how I found it. So far, I’ve done an awful job of that. If you’re reading this from any OECD country, chances are that you have too. To say that we […]
Leverage
Leverage is the reason this not-so-humble smashed avo enthusiast returned just shy of 200% last financial year yet still didn’t come anywhere close to the real dollar return made by any risk-averse property investor during any single boom year period. I invest with my own capital. Given I’m a lazy, instant gratification-seeking, instagram influencing (okay this part’s […]
Diversification and ETFs
Imagine you own 10 eggs. You paid $1 for each of those eggs. You read online about an egg seller who will collate your eggs into a basket and go door to door and sell each egg for $2. We’ll call this egg seller the market darling. You deposit all 10 eggs with the market […]
Salary sacrificing
Should you do it? Well I’m not really allowed to say. Because laws. But it’s more complicated than that anyway. Now that that’s out of the way, here’s what it is. Salary sacrificed super contributions If I was to write an article about all the different methods of salary sacrificing, you might still be reading […]
The good, the bad and the subprime
Debt finances the construction of mega-structures, innovation, many unnecessary wars, and the rapidly-cooling latte of this not-so-humble smashed avo enthusiast. Debt in its traditional sense is often shunned by millennials. We no longer have faith in our financial institutions. We’re no longer naive enough to believe the narrative that banks are acting in our best […]
Economics 101
Smashed avo on toast and a double shot, turmeric latte with macadamia-nut milk costs less today than smashed avo on toast and a double shot, turmeric latte with macadamia-nut milk tomorrow. Congratulations. You now know what inflation is. Those important people on tv in overpriced suits tend to complicate things but that’s literally all it […]
Accumulating assets
One of the best pieces of advice I ever received early in my career was that if I wanted to be wealthy, I needed to focus less on growing my income and more on accumulating assets. In most OECD countries, this is true from both a finance and a tax perspective. Assets grow faster than […]
The time value of money
Albert Einstein once said that “compound interest is the most powerful force in the universe”. Probably. Who knows. The renowned physicist is attributed with saying all sorts of things. But wherever that quote comes from, it’s not wrong. In this article, I hope to explain to you that understanding the time value of money and […]
