Addictions and hedonistic behaviour

An addiction may be defined as continued involvement with a substance or activity despite the negative consequences associated with it. More complex definitions refer to problems associated with brain reward and motivations. Addictions come in many forms sex, pornography, food, gambling, drugs, alcohol and are worth mentioning here because addicts very often have poor financial habits.Continue reading “Addictions and hedonistic behaviour”

Health, fitness and diet

When I first saw references to health and fitness in investment books I thought it seemed a little incongruous. You read finance blogs to learn about finances, right? I have since learned that health, fitness and nutrition have a definite role to play in being a successful investor. A successful investor needs to have aContinue reading “Health, fitness and diet”

Why most people can’t quit work young and wealthy

Many people believe that the way in which they will retire will be to build up a lump sum in a superannuation fund that they will withdraw when they are around 65 years of age. Hopefully, the amount they have built up will last longer than they live. Some of those who have the optionContinue reading “Why most people can’t quit work young and wealthy”

How to save a deposit or start investing

At the age of 21, my now wife bought a two-bedroom house for the princely sum of $72,000 (which at the time equated to around $200,000) that had been repossessed and looked like an opium den inside, with wiring hanging from the ceiling and mould in the bath. She then suffered a string of itinerantContinue reading “How to save a deposit or start investing”

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