I was 21 when I placed my first trade. There’s so much more I know today that I wish I knew back then and you too should definitely be looking to arm yourself with as much information as you can before you place your first trade. There’s no way we can cover everything you should […]
Tag: ETF
What to do with $10k right now
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 […]
Microinvesting
The average pair of birkenstocks retails at around $120 (I think). Let me forward a value proposition. You could go all out on a pair of sandals so aesthetically offensive they inspired a not-so-humble smashed avo enthusiast to start a blog. You could roam around the inner-western suburbs of Sydney wielding a $7 crappuccino and […]
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 […]
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 […]
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 […]
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