Debt-free with >550k AUD in stocks at age 33, from $0 at 26 (not 'rich' but 'free'); Going against what society tells you financially in Australia, & rough financial plans for the future 💰
Thanks for such a detailed write up, have been enjoying all your pieces so far. I've also been documenting my journey on my substack too, we're in similar positions (probably the Ferg influence)
Hey Mendo - Nah I just mean avoid them as a customer! I just personally hate them 😆 There are so many other banks out there with better deals but Aussies still go for the Big 4...
By this I just mean that the bubble keeps inflating..... Due to many things; but primarily immigration, rates not being raised further (out of fear of crashing the property market) etc etc. I keep shitting on property but most property investors are getting richer! 😂
Great article, enjoyed reading it!
Agreed, great read and looking forward to more to come in the future. Thank you
Cheers John 🙏
Thanks for such a detailed write up, have been enjoying all your pieces so far. I've also been documenting my journey on my substack too, we're in similar positions (probably the Ferg influence)
Cheers for that mate - Yeah feels good to write it all down I find! Look forward to following your journey too.
I wonder why, as I am short CBA.
Avoid Commonwealth Bank and the ‘Big 4’ banks at ALL costs if you are Australian.
Hey Mendo - Nah I just mean avoid them as a customer! I just personally hate them 😆 There are so many other banks out there with better deals but Aussies still go for the Big 4...
Great read - thanks mate! I threw a little at the URNM etf when it launched. Done well so far and liked hearing your contrarian hypothesis. 👍
Appreciate that mate, honestly didn't expect anyone to read these 😅
how have been betting against the Aussie property market? I am through CBA short for about 1.5-2 years, unsuccessfully till now at least...
Lastly, I will admit that I have been betting against the Aussie property market for over a decade, and
By this I just mean that the bubble keeps inflating..... Due to many things; but primarily immigration, rates not being raised further (out of fear of crashing the property market) etc etc. I keep shitting on property but most property investors are getting richer! 😂