The Baby Boomers grew up in a world where luxuries were expensive. A meal out took up close to 7% of a baby boomer's average weekly income. By the same measure, a coffee from a cafe would take up more than 1% of a Boomers weekly income. Preparing meals at home and making coffee yourself … Continue reading Millenial Luxury
The Burger That Ended an Empire
Around the world, a new McDonald's opening barely earns a headline. Yet on January 31st 1990, when McDonald's opened the first store in Moscow it was national news. Thousands lined the streets for not just a taste of a greasy burger, but the taste of capitalism. The journey to get there began twenty years earlier. … Continue reading The Burger That Ended an Empire
Blame Howard
At the end of the 1990s, Australian life was pretty damn good. Families had disposable income, groceries were cheap. We didn’t know it yet, but we were in the final moments of the Australian dream actually being attainable, with housing being accessible to all. All of that is now gone, in fact all the reality … Continue reading Blame Howard
Santa Rally
The festive season is officially here, and while families rush to find the perfect gift without breaking the budget, the stock market often gets overlooked. For those still keeping an eye on the markets, the atmosphere is filled with anticipation, as they sit on the edge of their seats, waiting. They wait all December, like … Continue reading Santa Rally
Mortgage freedom
In Australia, the standard mortgage term is thirty years, but the average time to pay it off is closer to twenty-eight years. As Australians are qualifying for mortgages later in life, this presents quite a unique challenge. No one wants to be still paying off their mortgage at sixty-five. As a result, many are eager … Continue reading Mortgage freedom
My book, Wealth Kingdom
Three years ago, I published my book, Wealth Kingdom. Whenever people learned about my work, they would flood me with questions about money, investing, and business. I never needed an excuse to talk about these topics for hours, but these conversations revealed something troubling. Most people were horrible with money. School had given them almost … Continue reading My book, Wealth Kingdom
Bunnings domination
With five hundred stores Bunnings absolutely dominates the DIY hardware market like no other company. They have conquered Australia’s home improvement sector, crushing all competition under their proverbial steel-cap boots. Now, as Bunnings expands into unexpected product ranges like pet care, many are wondering what their next move will be. The Bunnings story carries an … Continue reading Bunnings domination
Rise and fall of the A-league
At one point the A-League seemed poised to dethrone the AFL as Australia's top sport. A sleeping giant had stirred, seemingly on course to dominate the sporting landscape. Fuelled by the passion of second-generation European Australians, the league surged in popularity under near-perfect conditions. Now, the league has slipped into irrelevance for the average Aussie … Continue reading Rise and fall of the A-league
Building Jurassic World
Bioscience companies are turning science fiction into reality. In the past year alone, Colossal has revived the Dire wolf and introduced a woolly mouse. A key step toward resurrecting the woolly mammoth. A real-life version of the Jurassic World zoo may no longer be a fantasy. Thanks to cutting-edge advances in genetics, the question isn’t … Continue reading Building Jurassic World
Dividend vs Growth investing
Have you ever thought about how investing today can set you up for a secure future? Stocks are one of the most accessible ways to grow your wealth over time, requiring far less capital than real estate. Unlike property, investing in stocks doesn’t demand a large upfront investment. Stock investors generally follow two main strategies. … Continue reading Dividend vs Growth investing