This is a collection of what Dad’s told me about finance, investing, shares, property, estates,,, and management of all these.
Years of him telling me the same stories, with the same messages:
Its a handbook of observations on how to manage finances.
This is a collection of commentary on how to build and sustain generational wealth to provide foundation, and ongoing funding, for your life and those you support.
That is, its commentary on how to grow wealth with the top ~10% of the market, despite what industries are doing, (eg. economic storms), and keep it protected from avoidable tax and trappings of financial industries…(eg. sharks) so that it can fuel life and keep growing, so its available to funding things you want to do (like buying a house) and whoever you want to support, over the long term (this is not for short term cash addictions).
Financial Advice? Is this Financial Advice?? Certainly not! That’s something you pay advisors lots of money for! Also there’s laws around Advice, regulations etc. I have a post describing this more. But, Advice involves giveing someone instruction and getting a commission. So please don’t take this as instruction and check anything you interpret with someone who knows all of your circumstances.
Booming. This is a guide on how to grow wealth like a baby boomer. Dad is a classic boomer, so this site is boomer comments on how to boom, in a baby boomer way. You may be thinking bad things about baby boomers, but this will show you the wisdom, discipline, and servanthood that has paved a way for many of them to live in 1st-world, private-school, trust-fund-backed plushness with baby boomer heritage.
Look after the Family Farm. This is the concept Dad kept coming back to. Mum grew up on a farm – a grain & sheep farm in western Vic – and we would catch up with our cousins from there regularly. Most of my immediate family loved going to the farm, and fancied themselves as lunch-time farmers… would bring the old jeans out and put a bit of twang in our voice when we were there and thought we were so salt-of-the-earth and hard. (We weren’t.)
Anyway, Dad would typically conclude his tirades on finances, assets, savings, investments… to me with the same concept: treat it like a family farm. We don’t just sell a piece of land or some sheep to make some money. We’re in it for the long haul. We’re long term prodigious investors. Not looking to cash in on our farm. Not looking to buy something and flip it.
This book will describe how this plays out in life, and how to follow the Family Farm Finance methods. And how it continually wins out.