Here we take a look at what an average person with an average risk profile should do if they had managed to save $10k and didn’t know how to best make use of it. Please understand this is not financial advice, it does not take into account your personal circumstances and it’s only here to […]
Tag: cash
Economics 102
So this is the way the rise of the birks-strutting, semi-insta-famous, latte-sipping, avocado-obsessed millennial ends, not with a boomer, but with bat consumption and authoritarian whistleblower-silencing. Considering we’re teetering on the footsteps of a global recession, it seems fitting to write another all-things-economics article. Recession In Economics 101 we talked about GDP and when you […]
Why saving is getting you nowhere
Let’s say you made a declaration to cut down on your routine smashed avo shenanigans because some rich prick told you that delicious green mush is the real reason you can’t afford to own real estate (#okboomer) and you’ve instead opted to set aside more of your fortnightly wages into a savings account to buy […]
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 […]