Having the government bankroll your tertiary education in Australia is often called out as being the “best loan you can get”. And that’s certainly true when you compare Australia’s HECS-HELP program to the more complex, crippling student loan program in the US. On the other hand our university tuition structures are not nearly as generous […]
Category: Debt
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 […]
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 […]