Moomin Valley

Personal Finance, Investing, and Economics

Friday, December 23, 2011

Street Scenes from the Other Side of the World

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Third post in this series : 1996-2002: 2007-Present: The most noticeable thing about these pictures I think is the sunshine :) It's not ...
Thursday, December 22, 2011

Another Continent

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Street scenes from the other side of the ocean: 1990-1991: 1991-1992: 1992-1993: 1995-1996: 2002-2007: Yes, when I was in grad school I end...
Wednesday, December 21, 2011

Revisiting the Old Neighborhood

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I was inspired by these posts to put up some pictures of places I used to live. The difference in my case is that they all look much the sa...
1 comment:
Wednesday, December 07, 2011

Qantas Technical Analysis

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I haven't done this kind of thing for a while :) Looking at the Qantas chart there is a clear resistance line at $1.80. TA theory would ...
Thursday, December 01, 2011

Moominmama Portfolio Performance November 2011

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And back down again this month. The portfolio was heavily affected by the rise in the US Dollar reducing the value of non-USD assets in USD ...

Moominvalley November 2011 Report

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Things reversed again this month but the losses were actually less than I expected. IN USD terms we lost 6.35%. In AUD terms we lost 3.05% a...
Monday, November 14, 2011

More Liquidity

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With potentially large expenditures in the next year or two we need to have more liquidity. So going forward I'm going to focus discreti...

Show of Confidence in Qantas?

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It looks like the chairman and a bunch of other directors of Qantas went out and bought shares on the market. It's nice to see a vote of...
Saturday, November 12, 2011

Invest in Multifamily Houses in Jersey City?

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I saw an ad in the Australian Financial Review today to invest in the US Masters Residential Property Fund . I already invest in US property...

Of Course Compulsory Super is a Cost to Employees...

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A reader asks the Sydney Morning Herald : "Q The money that an employer ''compulsorily contributes'' to my super * come...
Tuesday, November 08, 2011

Security Clearance

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If you ever have to do a security clearance - at least in this country - these are some of the things you'll need: 1. Everywhere you eve...
2 comments:
Sunday, November 06, 2011

Vice Chancellor of University of Queensland was Paid More than $1 Million

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The Vice Chancellor (i.e. President) of the University of Queensland is resigning . But what shocked me in the story was that he was paid ov...
Friday, November 04, 2011

Australia is the Richest Country in the World by Far

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When measured in terms of median wealth per individual in US Dollars at $220,000. Switzerland is richest in terms of mean wealth per individ...
Wednesday, November 02, 2011

15.01%

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Yes our rate of return in USD was 15.01% for October which is a record. But it was largely due to the rebound in the Australian Dollar. In A...
1 comment:
Tuesday, November 01, 2011

Moominmama Portfolio Performance October 2011

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Finally a positive month... The MSCI World Index gained 10.74% for the month while the S&P500 total return index gained 10.93%. But the ...
Friday, October 14, 2011

Average Australian Households

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Thanks to high house prices and compulsory superannuation the average Australian household is much wealthier than the average American hous...
3 comments:
Sunday, October 09, 2011

Yoyo in Hollywood

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Seems like it was hard to get both Yoyo and the Hollywood sign in focus.

Costco

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We went to the (relatively) new Costco store at Canberra airport today. You have to buy a membership ($A60 p.a.) before you can look inside...
Thursday, October 06, 2011

Moominvalley Report September 2011

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Another month of negative returns. Seven straight months of losses. Returns in USD terms were heavily affected by the rise in the US Dollar ...
3 comments:

Get Done What You Want to Do Now

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I just heard that Steve Jobs died at age 56 . I felt sad but my immediate thoughts were that he got on with doing the big things he wanted t...
2 comments:
Monday, October 03, 2011

Moominmama Portfolio Performance September 2011

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The portfolio got slammed this month by a double whammy - stock markets fell with the MSCI World Index falling 9.4% and the US Dollar rose s...
Wednesday, September 21, 2011

Google Plus

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Google finally opened Google Plus to anyone who wants to join rather than by invitation only. So I joined to see what it was about. I get th...
Tuesday, September 20, 2011

Rome

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I was just invited to come and talk in Rome. But I turned it down. I think I will have done enough traveling for the year and I don't f...
Monday, September 19, 2011

Consulting

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How much should I charge as a consultant? My employer allows us to spend 20% of our time on consulting. So I figure I should take my salary ...
2 comments:
Thursday, September 15, 2011

Four Years in Australia

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We arrived in Australia four years ago today. From today Snork Maiden can apply for Australian citizenship, though now she doesn't seem...

Cambria to Offer More Actively Managed ETFs

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Cambria manages the GTAA ETF . Manager Mebane Faber also writes an interesting blog . Now they have http://www.indexuniverse.com/sections/ne...
Monday, September 12, 2011

Getting on Track for a Sustainable Retirement: A Reality Check on Savings and Work

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A recent paper by Wade Pfau really overturns some standard ideas about retirement planning. The usual story includes picking a "number...
Thursday, September 08, 2011

Superannuation Trends

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This is a graph of our three Australian superannuation (retirement accounts). The green is Snork Maiden who has now been working for four ye...

How Much Money Should You Give as a Present if You are Invited to a Wedding?

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If you ever wondered how much money to give as a gift at a wedding, there is an "app" for that if the wedding happens to be in Isr...
Thursday, September 01, 2011

Moominvalley August 2011 Report

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Six losing months in a row now... The accounts for the month look like this in USD terms: Non-investment income was very high as was ...

Was There a Lost Decade?

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An interesting article in the NY Times about whether investors should have had a lost decade - losing money over the last ten years or ...
Saturday, August 27, 2011

Are Tech Stocks Cheap?

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Most large cap tech stocks now have fairly low price earnings ratios and some are even paying big dividends: Historically, tech stock...
1 comment:
Thursday, August 25, 2011

Buying Shares

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I've actually been buying shares recently. Adding $A5,000 to the CFS Geared Share Fund (large cap Australian shares with in built borr...
2 comments:
Thursday, August 18, 2011

Superannuation and Life and Disablement Insurance

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I finally got my job contract and have signed and returned it, so now I have a permanent job. As I discussed , I decided to make no addition...
Tuesday, August 16, 2011

Hedge Fund Performance in the Recent Market Correction

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The Dow Jones Credit Suisse Core Hedge Fund Index is a hedge fund index that is updated daily. This allows real time tracking of hedge fund ...
Tuesday, August 02, 2011

Moominvalley July 2011 Report

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Another month has flown by... I'm getting tired of losing money. In Australian Dollar terms the last 5 months have all had negative retu...
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Monday, August 01, 2011

HSBC Sells Upstate NY Branches to First Niagara

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HSBC lost a lot of money from it's venture into North America. Now they are withdrawing and have sold their upstate New York branches to...
1 comment:
Saturday, July 30, 2011

Moom's Taxes 2010-2011

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I can't submit my tax return yet as I don't have details of the tax treatment of a couple of distributions I received. But I did all...

High End Japanese Restaurant

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When http://moominhouse.blogspot.com/2011/07/yoyo-tackles-korean-food.html">I posted a picture of Yoyo looking at Sushi I said that...
Friday, July 29, 2011

Bibimbap at the National Museum

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Bibimbap can be served in a sizzling bowl which you are supposed to add soup and hot sauce to complete the preparation. But, then, sometimes...
Thursday, July 28, 2011

River of Alcohol

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A bar with a river of alcohol! The traditional Korean drink makoli to be precise: This was in the Sinchon neighborhood. You can drink as mu...
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Sovereign Credit Ratings

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With all the talk about the U.S. credit rating possibly being lowered to AA from AAA due to the debt ceiling debate debacle, I was wondering...
Wednesday, July 27, 2011

Neighborhood Restaurant

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We found lots of attractions and places to eat in Seoul by following a guidebook that Snork Maiden bought at Hong Kong airport. First she ha...

Snork Maiden's Taxes 2010-2011

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Time for the annual report on Snork Maiden's taxes. For some reason, these are some of my most popular posts. For comparison here is las...
Tuesday, July 26, 2011

End of an Era

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Soros to return all outside money to investors . I didn't realise that it was down to just $1 billion in outside money. The Alchemy of F...

Chun Restaurant

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At this place, in the Sinchon neighborhood, the staff cook your food in a big pan built into your table. It is supposedly chicken, but was m...
1 comment:
Monday, July 25, 2011

Namdaemun

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Namdaemun (Nan da men in modern Mandarin Chinese - South Great Gate) is a market area in the centre of Seoul. We had lunch one day in a res...
Sunday, July 24, 2011

Temple Food

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We went to a restaurant in the Insadong neighborhood that claimed to serve "temple food". This meant that the food was vegetaria...
Saturday, July 23, 2011

Yoyo Tackles Korean Food

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Yoyo takes on a Korean melon: Yes, they are really small. Snork Maiden thought that the skin was edible. I wasn't so sure. Yoyo wasn...
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About Me

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mOOm
I'm an economist and an active investor and currently live in Australia. I'm a global investor though I focus on investments in the Anglophone world and particularly in Australia. This blog tracks investment performance and discusses personal finance, investing, and trading from an economic perspective. In the picture, Moomin is looking for treasure.
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