If you were given the choice of receiving $1,000,000 after 30 days OR 1 cent doubled in value every day for 30 days. Which would you choose?
Updates and Things of Interest
A bit of change this week! I’ve curated this post with a few updates and interesting things for you to check out.
Is Commercial Property Investment a good idea?
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.
Progress Report on You Can Avoid Student Debt
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.
Explain that graph!
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?
The Happy Saver Top 10 Money Tips
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.
CARS - I've had a few!
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.
Part 2 - SmartShares for Kids!
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.
SmartShares for Kids!
The one thing that is missing on the busy school calendar is of course learning about money management. For sure they learn how to add, subtract, multiply and divide but they don’t learn how to budget, live within their means, save and invest. Where are the kids going to learn about this stuff then?