You Don’t Know the Difference Between Income and Wealth

Every few months a reporter somewhere writes an article headlined “How much you need to earn to be rich”. If you think wealth (“rich”) is defined by income (“how much you earn”) then let me be blunt: You don’t know the difference between income and wealth. And THAT’S why you’re not rich. I get on…

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The 4% Rule Safe Withdrawal Rate is Too Conservative

One of the key tenets of the Financial Independence movement is “The 4% Rule” – if you don’t know what that is, go look it up, because this article isn’t a primer it’s a critique and I want to jump straight into why this “safe” target that many people think is too risky … is…

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The Big Break my Career Needed: Stanley Kubrick Died

Let me explain… One of Kubrick’s best films is ‘A Clockwork Orange’, but given the huge backlash it received on its original cinematic release (much sexualised violence – I think in making an important point, but I understand others won’t feel that) he requested that it never be re-released. The distributors / rights holders honoured that…

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International Expert becomes Virtual Speakers Hall of Fame Nominee

Jacob Aldridge Speaker on the Economy

International speaker and business advisor Jacob Aldridge has become just the second non-American to be nominated to the Virtual Speakers Hall of Fame in California. At an event last week, run remotely, Mr Aldridge was nominated in recognition of his work delivering speeches and workshops online since 2010 and especially in response to the Covid…

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How I became a Hall of Fame Speaker

The view was Italian. The champagne was French. And the client was Australian. Here’s how I was nominated for the Virtual Speakers Hall of Fame. Click here to read the press release, and view my showcase Hall of Fame video. Here is a truth that is not self-evident enough: it takes an outrageous and ambitious…

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Why Dividend Investing is a Bad Idea

When I was a naïve young man, pondering financial freedom and wealth creation despite earning $75 per week, there were a few simple frameworks that helped set my vision. Boy, were they horribly wrong! One of these was the idea of “Dividend Investing”, where someone can build a portfolio of shares such that the quarterly…

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First Australian Virtual Speakers Hall of Fame Nominee

Jacob Aldridge Speaker on the Economy

Brisbane speaker Jacob Aldridge has become the first Australian nominated to the Virtual Speakers Hall of Fame. At an event last week, run remotely, Mr Aldridge was nominated in recognition of his work delivering speeches and workshops online since 2010 and especially in response to the Covid Pandemic. “Lockdowns forced businesses worldwide to work remotely…

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When Buying a Lottery Ticket is Good Financial Planning

I haven’t bought a lottery ticket in years – but that’s because I’m already rich. I don’t think it’s fair to universally claim that playing games of chance is bad financial planning. There are three reasons why buying a lottery ticket is good financial planning. 1. Expected Value The homo economicus view on lottery tickets is that…

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