Traveller's Will

  How Warren Buffett narrowed down most stock pickers: People treat the stock market as a casino in placing massive bets on the direction of stock prices. Institutional investors sell themselves to masses as highly skilled stock pickers. Parading on their year’s performance as advertising for the public’s short sightedness eager to get rich quickly. Stock pickers are quick with buying on good news and then jumping out on bad news. If the stock doesn’t move within a couple months, they sell it and go onto looking for something else. What Warren Buffett looks for: Steady 10 year EPS growth Leading economic moat The company has a competitor advantage over its competitors

 1. You don't have to be a maths guru, you just need to master simple maths. Knowing compound interest is very important! 2. Investing in productive assets that produce income over time is better than taking speculative gambles. 3. In your teens, it is important to save money. In your 20's, you should learn and test out to invest a proportion of your money. In your 30's, you should have a rough idea what you wanna do in your life by then your investments should afford you to pursue those dreams. In your 40's if you no longer interested in working, you could consider retiring comfortably subject to your lifestyle habits. 4. Unfortunately in this world, there are more spenders out there than savers. 5. When I talk about saving, don't put all your eggs in that basket. In order to progress, conservative investing is also required. 6. I've never heard about anyone getting rich from just saving money. 7. Know the difference between a "want" and a "need...

1. Icky Stickie, Lorn (Maitland City Council) 2. Suspension Espresso, Islington 3. The Barn, Adamstown 4. Baked Uprising, Maryville 5. Good Brother Espresso, Newcastle 6. The Autumn Rooms, Cooks Hill 7. Welsh Blacks, Cooks Hill 8. Group Up Espresso, Carrington 9. Sherwood Coffee Bar, Newcastle West 10. The Press Coffee and Book House, Newcastle 11. Papa Bagel Bar, Newcastle West 12. The Source Cafe, Wickham 13. Equium Social, Mayfield 14. Red Parrot, Islington 15. Birdy's Espresso, Tighes Hill

1. Strzelecki Lookout/Newcastle Memorial Walk, The Hill/Bar Beach (City of Newcastle LGA) 2. Camden Haven, Port Macquarie (Port Macquarie - Hastings Council LGA) 3. Mount Yacaaba Peak, Hawks Nest (Mid Coast Council LGA) 4. Bennetts Head Lookout, Forster (Mid Coast Council LGA) 5. Sublime Point Lookout, Austinmer (Wollongong City Council LGA) 6. Cape Hawke, Forster (Mid Coast Council LGA) 7. Tomaree Mountain Peak, Shoal Bay (Ports Stephens Council LGA) 8. Dobroyd Head, Balgowlah Heights (Northern Beaches Council LGA) 9. The Obelisk, Newcastle (City of Newcastle LGA) 10. Forest Sky Pier, Coffs Harbour (City of Coffs Harbour LGA) 11. Cape Byron Lookout Point, Byron Bay (Byron Shire LGA) 12. Barrenjoey Lighthouse, Palm Beach (Northern Beaches Council LGA) 13. Boambee Head, Sawtell (City of Coffs Harbour LGA) 14. Muttonbird Island Lookout, Coffs Harbour (City of Coffs Harbour LGA)

Newcastle is the second largest city in terms of population in state of New South Wales (NSW).  The Greater Newcastle Area has an approximate population of around half a million people and includes the Local Government Areas (LGA) of the City of Newcastle, Lake Macquarie City Council. It also includes: parts of Cessnock City Council, Maitland City Council and Port Stephens Council. Located on the mouth of the Hunter River, Newcastle serves as the main city and hub of the Hunter Region. Newcastle as a lifestyle home and a tourist attraction has many things to offer such as: beaches, nature parks, breath taking walks or trails, and hangouts. The main ways to get to Newcastle are:  Direct flights to Newcastle Airport (located in Williamtown) from either Sydney, Melbourne, Brisbane, Gold Coast, Canberra, Ballina/Byron, Dubbo, or Auckland in NZ. Train from Sydney Central Station to Newcastle Interchange Station, or  On the road to Newcastle by car or bus. My top 10 places...

1. Don't lose money 2. Don't forget rule number 1. 3. When you are investing in a stock, you are buying to be part of that business (eg. part owner in the business). 4. Its better to buy a GREAT quality business for a slight premium than to buy a mediocre business at a fair price. Eg. Its better to buy a Coca-Cola than to buy Joe's Cola because Joe's Cola is trading at a cheaper multiple than Coca-Cola. 5. Buy a business that has a strong and leading moat. Eg. Coca-Cola, people associate it with happiness according to Mr Buffett.  6. Stick to your areas of competence or the businesses you understand. Eg. if you work in that industry like the car industry, you will have an upper hand in understanding the state of the car industry. 7. The power of compound interest: its important for the business has a high amount of retained earnings that is reinvested back into the business. Eg. like putting $100 at a 5% interest rate, assuming a simple interest annual payout, at the en...

I would look into the following below, and consider these ratios before investing, as follows: 1. Valuations based on earnings such as P/E & P/B .  2. Dividend yields . Whilst its important for a company to have a higher amount of retained earnings reinvested into the business than to pay dividends eg. Berkshire Hathaway. But as a passive investor it is good to receive some of the profits as dividends. Rule of thumb is if it is safe to store money in the bank at an interest rate of 1.5%, therefore ideally you want to get a dividend yield of higher than the interest rate in term deposits or government bonds, for the extra risk to be worthwhile.  3. Net assets > Market capitalization to provide a margin of safety.  4. Only buy stocks which have a net assets multiple of under 1.5x.  5.Compare the Book value per share to the current share price.  6.  EV/EBITDA . Some use this ratio to measure, but others consider this irrelevant.  7. Current rati...