The transition away from active funds management towards passive management is gaining more momentum with each year that passes (for the reasons I discussed in this blog). Given that passive investing is becoming increasingly popular, I thought it was timely to provide an update on the advances that have occurred in this marketplace. Active vs passive…
I received these two messages within three minutes of each other recently: Several years back I used to mine Bitcoin, and then I sold most of them off for a down payment for our house. I had 400 BTC at one point, which would be worth $14 million today. Needless to say, I am really…
If you’re on the hunt for “happily ever after,” dreaming of you and your new love in a fairytale kiss with a sunset backdrop, budgeting is probably the last thing on your mind — but it shouldn’t be. Money is an essential part of your lives as a couple, and can actually make or break…
We all fail at times – even the most successful people. I know I seem to have had more than my share of failures along the way. One of my biggest lessons along the way was to learn to take responsibility for my failures and not blame others. Another lesson was to pick myself up,…
How are you financing your Christmas shopping this year? Well, according to the latest data from Finder, millions of Australians are expected to land themselves in debt over Christmas that could take months to repay. Their survey of 1,056 respondents found more than a fifth (21%) of Aussies – equivalent to 4.2 million people –…
Did you know your brain is like a computer’s operating system? The good news is that this means you can program your brain to choose happiness. Here are the top 10 happiness hacks: Worrying about money is one of the biggest causes of unhappiness, but no amount of money can make you happy unless you…
Are you a Property Investor wanting to create a level of financial independence? Isn’t that the aim of every property investor, you well may ask? Surely all investors dream of the day they can give up their day job and live off their property portfolio. I would suggest for 98% on Investors, this would be…
Worrying is a terrible business strategy. In the not-so-distant past, however, it was the only one I knew. For example, each time I wrote this column, I worried that my editor would say, “Sorry, Carl. This just isn’t very good. I’m afraid that’s the end of the Sketch Guy.” Inevitably, of course, I would bring…
If you’ve made the right moves in your career, you could have a decent financial foundation to last you the rest of your days. However, it’s possible for people to reach seniority with an empty bank account. In such cases, thriving in your older years becomes extremely difficult. No matter what age you are, you…
Back in 2004, when I began my research to find out why the rich were rich and why the poor were poor, I’ll confess, I hated rich people. I had some entrenched negative beliefs about the wealthy that I inherited from my upbringing. As I uncovered more and more about the causes of wealth and…
