What is an investor?

What do you think of when you read the word ‘investor‘? What mental image springs to mind when you hear that word?

Perhaps you’ve heard this riddle: A father and son are in a horrible car crash that kills the dad. The son is rushed to the hospital; just as he’s about to go under the knife, the surgeon says, “I can’t operate—that boy is my son!” Explain.

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Do we need finance books for women (or minorities)?

Look up the words ‘finance’ and ‘women’ on a bookselling site like Amazon (not that I’d recommend you buy anything from them) and you’ll find over ten thousand books.

Switch out ‘women’ for ‘men’, and you’ll find half as many. And most of these simply mention the word ‘man’ or ‘men’ in their titles in a generic sense. They’re referring to the whole human race rather than men specifically. Others, such the troubling Act Like a Lady, Think Like a Man are actually aimed at women (and not really about finance at all).

But do we even need separate books on finance for women and men? And why are there so many more books aimed at women?

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Do you have too much American influence?

In one of the older posts here on Enrichmentality, we talked about financial resources being a bit like milk – in some cases, the older they get, the more off they are. So the time of production of any advice is important. Especially in the case of highly-specialised, subject to frequent change information. Like interest rates or tax rates or first home owner’s grants. But how much should we worry about where our advice comes from? Is there such a thing as too much American influence?

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Should I get private health insurance before it’s too late?

Ten years ago, a memorable series of television ads for a health insurance comparison website in Australia introduced a slurry of colourful, confusing, and bizarre terms into our vernacular. “Tossin’ possums”. “Cuddlin’ cactus”. And perhaps most famously, “puffin’ muffins”.

All of these phrases were intended to describe just how stupid one would have to be to not buy private health insurance (at least, through their website). But is that really the case? Would you have to be “puffin’ muffins” not to have private health insurance? In today’s post, we’ll take a look at the question of private health insurance. (With a few tips that apply to any kind of insurance you might consider taking out).

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Do I need insurance?

I was recently asked an excellent question about private health insurance. But the more I wrote about the topic, the more I realised I had to say about insurance in general. So let’s take a look at the thrilling, wonderful world of insurance more broadly (ha!), before we get down to private health cover in my next post.

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What is debt?

One of the very first posts I wrote for Enrichmentality was titled ‘What is money?‘. But as I recently noted, reading The Language of Money and Debt made me consider the meaning of debt in more depth than I had previously. Of course, if you are in debt, the lack of money can seem overwhelming. So today I’m asking ‘What is debt?’

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