2040 Wealth

I've been reading the book "Invested" by Phil Town and Danielle Town and learning quite a bit about their learnings and Danielle Town's investment journey. I've learnt a number of things in this book and one of the most valuable things that I've learnt is the three main share price valuation methods that you can use to determine what share price you should buy with a margin of safety. Another great take away from the book is using story inversion as a method to describe the key points for buying a company and inverting those key points into key points why you shouldn't buy the company. I'm thinking about using this method and sharing my thoughts on this blog for any shares on my wishlist as I think it's a great method to weed out any emotions but also solidify your understanding of the company and the industry the company operates. So be sure follow the blog to be updated with my thoughts and research on different ASX shares.

As we exit the cryptocurrency bear market and start to enter a new bull market I've seen one of my individual holdings profiting by 250% with much more growth projected. And before you guess Bitcoin, it's not Bitcoin. Back in 2018 I started investing in cryptocurrency and I made the mistake of getting caught up in the HODL movement that I forgot to take profit in the 2019 Bull Run. One of the projects that really caught my eye was Digibyte, Digibyte has such a passionate and dedicated community, and they up hold themselves to high standards. The Digibyte coin solves a lot of problems in the current cryptocurrency ecosystem, with a strong focus towards cyber security, and a platform with extremely strong foundations. Since 2018 I have invested a total of $440 across a broad buy range from 1.2 cents to 11.4 cents and the price is only trading at 4.2 cents currently. Pictured a 245% or $1078 profit from Digibyte From my investment of a $440 I'm currently ma...

Rural Funds Group is a Real Estate Investment Trust (REIT) who own a diversified portfolio of agricultural assets in Australia and derive income from leasing those assets to experienced agricultural operators, Rural Funds Group offer an attractive 6.13% dividend yield. As Rural Funds Group is a real estate trust their income shouldn't be too impacted by poor performance in the agricultural sector, as tenants still need to pay rent, for this reason I feel that Rural Funds Group is a fairly safe bet with a high yield dividend payout. Here are a couple more reasons I decided to buy Rural Funds Group shares. RFF shares are trading at an almost 30% discount from its year high at $2.42 Dividend yield of 6.13% RFF has recently increased its dividend Rural Funds Group is in the top 25% of dividend payers in Australia (5.6%) Stable management with the average tenure of 9.6 years Tenants still need to pay rent regardless of an underperforming sector. Som...

Who is Scentre Group Scentre Group is a Real Estate Investment Trust (REIT) who own all of the Westfield supermarkets in Australia and derive income from renting the stores in the Westfield shopping centres, Scentre Group offer an attractive 5.71% dividend yield. As Scentre Group is a real estate trust the income isn't too impacted by poor performance in the retail sector, after all, shops still need to pay rent, for this reason I feel that Scentre Group is a fairly safe bet with a high yield dividend payout. Here are a couple more reasons I decided to buy Scentre Group shares. Scentre Group shares are trading just below value Dividend yield of 5.71% Scentre Group is in the top 25% of dividend payers in Australia (5.6%) Retail stores will always need to pay rent regardless of an underperforming sector. Portfolio diversification Franking at 30% is a little disappointing but better than 0% As I continue my investment journey and build my stockpicking toolbelt...

I now own my very first shares woohoo! As I have only just started investing in the share market and learning about share investing, owning my very first shares is exciting. Owning shares in big banks is a pretty reliable income generator, all of the big banks pay dividends to their shareholders and in many cases the dividends payout is at a higher rate than if you had savings accounts with them. Westpac was a choice for me over the other major Banks for a couple of reasons at the time of my decision. Westpac was not over valued, looking at many of the other major Banks there prices appeared to be overvalued, Westpac was the one bank share that appeared about right, ofcourse lower is always nicer.  Valuation of Westpac shares from the Simply Wallstreet site Dividend yield (I'll talk more about this in a sec) Westpac is in the top 25% of dividend payers in Australia (5.6%) Banking industry is a necessity and is not going anywhere anytime soon. Westpac's w...

A cryptocurrency YouTuber I follow Louis Thomas posted a video titled "We're about to witness another Bitcoin bubble.." and upon watching it I can certainly see it happening based on the charts. The original tweet posted by Twitter user "truenomic" shows two charts examining previous bull runs and bear markets, as compared with the volume, looking at these charts it's clear that we could be starting to approach a new bull run. $BTC : I don't think it makes sense to deny the similarity of these cycles, and that we are at the foot of a new bubble. @woonomic @kenoshaking @ColeGarnerBTC @filbfilb pic.twitter.com/C6orV2If9a — Nik Jaremczuk (@truenomic) October 4, 2019 Pictured above is the chart that was posted in the original tweet, the red rectangles depict bear markets or areas of capitulation, and the yellow rectangles depict the area coming out of a bear market and into a phase of accumulation. In the chart you can see a correlati...

Now might be the time to check your superannuation after The Australian Federal Police revealed details about a major fraud and identify theft syndicate operating in Australia. The syndicate gained access to Australians superannuation accounts and managed to withdraw funds from an unknown number of accounts by changing the person's age to the retirement age. A Melbourne woman suspected for her involvement in the syndicate will face court tomorrow and could be facing upto 50 charges including conspiracy to cause unauthorised access and/or modification of data. Authorities say the syndicate acquired stolen identity information on the dark web and used fake email addresses and single use SIM cards to take over accounts. You can read more about the breach at itnews

News articles having coming out about Microsoft and Amazon integration of blockchain solutions into thier respective Cloud products for a little while now, however this morning I discovered a new integration by Microsoft which could prove very powerful. For those that don't know Microsoft Flow is a automation platform developed by Microsoft which allows you to automate processes, similar to IFTTT. The new integration with Microsoft Flow will allow the possibility of creating automated workflows that can publish smart contracts, read the state of a smart contract, or trigger a flow when a contract updates. These new features are in preview stage and are available for developers to tinker with if you have access to Microsoft Flow which is typically accessed through an Office 365 subscription, however it is also available on personal Microsoft accounts as well. Check out the new features documented on the Microsoft website at  https://docs.microsoft.com/en-au/connectors/blo...

A complete guide to buying, selling, and trading Bitcoin Bitcoin is a UTXO token with a total supply of 21000000, you can find more information about the Bitcoin project at the official website at https://bitcoin.org/en/ If you want to buy BTC tokens, the native currency of the Bitcoin platform, this guide is designed for you. This guide will take you step-by-step through everything you need to know to buy BTC with fiat or cryptocurrency as well as some links to some about other resources with details on the best BTC wallets, and how to get started mining Bitcoin. To quickly get to different sections in this guide you can use the following links: Buying with AUD Buying with cryptocurrency Selling Frequently asked questions Our complete step-by-step guide will take you through the following five steps. 5 steps to buying Bitcoin (BTC) Register an account with CoinSpot Verify your account Deposit funds Select Bitcoin Buy BTC Register on CoinSpot You c...

This is breaking in Australian cryptocurrency news, AUSTRAC has just shut down to Australian cryptocurrency exchanges in a series of Federal Police raids across Melbourne. The names of the cryptocurrency exchanges are unknown at this time however a 27 year-old associated with the exchanges has been arrested. More than 2 million dollars in assets have also been seized by the Australian Federal Police following a court order. The two cryptocurrency exchanges will not be permitted to operate until further notice. Read the full article at: https://micky.com.au/two-australian-bitcoin-exchanges-shut-down-following-arrest-of-key-executive /

A complete guide to buying, selling, and trading Digibyte Digibyte is a UTXO Based Multi-algorithm token with a total supply of 21,000,000,000 DGB, you can find more information about the Digibyte project at the official website at https://www.digibyte.io If you want to buy DGB tokens, the native currency of the Digibyte platform, this guide is designed for you. This guide will take you step-by-step through everything you need to know to buy DGB with fiat or cryptocurrency as well as some links to some about other resources with details on the best DGB wallets, and how to get started mining Digibyte. To quickly get to different sections in this guide you can use the following links: Buying with AUD Buying with cryptocurrency Selling Frequently asked questions Our complete step-by-step guide will take you through the following five steps. 5 steps to buying Digibyte (DGB) Register an account with CoinSpot Verify your account Deposit funds Select Digibyte Buy...

A complete guide to buying, selling, and trading Power Ledger Power Ledger is a ERC-20 token with a total supply of 1,000,000,000 POWR, you can find more information about the Power Ledger project at the official website at https://www.powerledger.io/ If you want to buy POWR tokens, the native currency of the Power Ledger platform, this guide is designed for you. This guide will take you step-by-step through everything you need to know to buy POWR with fiat or cryptocurrency as well as some links to some about other resources with details on the best POWR wallets, and how to get started mining Power Ledger. Our complete step-by-step guide will take you through the following five steps. 5 steps to buying Power Ledger (POWR) Register an account with CoinSpot Verify your account Deposit funds Select Power Ledger Buy POWR Register on CoinSpot You can read our review on why we think CoinSpot is Australia's No. 1 exchange Where to buy POWR in Australia T...

An interesting development in government blockchain news, the South Australian government is planning to use blockchain technology to power the next election using Horizon State. Horizon State is a blockchain company based in Melbourne, and their token HST Powers their blockchain voting platform. It's an interesting development considering that the digital transformation agency recently came out again stating that blockchain technology didn't really have a use in government services at this stage due to it's inability to edit or delete records. However for voting it makes perfect sense to use blockchain to verify voters and prevent fraudulent votes and tampering. You can read the full article from Micky at the link below. https://micky.com.au/blockchain-technology-used-by-south-australian-government-to-conduct-election/

MyCryptoWallet announces mCryptoCard to buy groceries with your crypto Australian cryptocurrency exchange MyCryptoWallet just announced their new crypto debit card, mCryptoCard, which allows you to use your cryptocurrency stored on their exchange to purchase goods and services via EFTPOS. At launch you will be able to use the card to buy goods and services using one of the following five cryptocurrencies; See the full story at: https://micky.com.au/buy-groceries-with-power-ledger-and-xrp-seriously/ Power Ledger Litecoin Ethereum Bitcoin Ripple This is a pretty interesting development from the myCryptoWallet exchange considering NAB froze thier bank accounts recently, however it sounds like a really cool idea which will be great for adoption, allowing you to spend your cryptocurrency on groceries at your local shops.

Cardano (ADA) Faucets Claim your free Cardano coins from the faucets listed below, CryptoAuthority has complete lists of hundreds of faucets that you can access online, or on your Smartphone. Faucet Minimum Maximum Time Payout Method Platform Working Earncrypto ~0.19 per point earned - N/A Direct Web Yes Free Cardano - - 60 Minutes Direct Web Yes *All averages provided are subject to change by the respective faucet and may not be accurate. Don't have a Cardano wallet? Download The Official Daedalus Wallet Find more faucets See our list of faucets for different cryptocurrencies like Etherium, Monero and Digibyte below VIEW MORE Start mining Cardano Find a Cardano mining pool and start generating cryptocurrency today. Find a pool What is a faucet? A faucet is a reward system in the form of a website or application that allows users...

With Digibyte constantly improving their platform release in mobile wallets on IOS and Android and closing the gap to make getting digibyte simple and easy, and making big changes and improvements to their blockchain platform, it's becoming an increasingly more attractive coin to get a hold of. Obtaining various cryptocurrencies typically requires setting up an account with an exchange, verifying your identification, and depositing money which can sometimes take 2 to 3 business days depending on the method. Earncrypto is a free website where you can register and start earning cryptocurrency for free. Registering an account is free and you can earn from a number of different cryptocurrencies including Digibyte, Etherium, Litecoin and many many more. Earning tokens is simple, you can earn points by completing offers, and there are a wide range of offers that you can complete. You can earn digibyte tokens by playing games, watching videos, completing surveys, doing data ent...

Digibyte has recently launched a mobile wallet which is expected to be have a stable release in the coming months, the app is currently in beta and it's not a good idea to store large amounts of digibyte in the wallet just yet. I was super impressed with the wallets UI and design, with a redesign planned for the future Via a community competition, the winning design will be applied to the digibyte wallet app in time. This week we also saw digibyte release a preview of DigiID on Twitter, DigiID is expected to make signing into websites as simple as scanning a QR code in your mobile wallet app. You can check out the preview here  https://twitter.com/DigiByteCoin/status/984597350730493952?s=19 Did you buy I have also put forward a proposal for the digibyte coin to be used in Venezuela as part of David Hay's project to provide two weeks worth of wages in crypto to 300,000 Venezuelan residents. Check out the proposal here  https://twitter.com/DigiByteCoin/status/985028805222739968?...

How to buy Bitcoin in Australia Buying Bitcoin, Etherium, Litecoin, Dash and even more is easy in Australia with some of the best exchanges around. This post will summarise some of the best exchanges you can use to buy cryptocurrency in Australia. An exchange allows you to convert money AUD/fiat into another currency or cryptocurrency, just like you would do if you travelled to another country. Cryptocurrency exchanges exist in Australia for this very purpose and allow you to convert AUD to a number of different cryptocurrencies, allowing you to purchase Bitcoin with AUD as well as many others. Note this is not considered to be financial advice and is not to be used as advice on whether or not to invest in cryptocurrency, this is for informational purposes only. Which Australian Cryptocurrency exchanges to use? There are a number of different cyryptocurrency exchanges available in Australia and they each work a little differently. See the list of cryptocurrency exchange...

On October 1st, Digibyte revealed their brand new website alongside a new domain name changing from digibyte.co to digibyte.io, and the previous domain name is currently redirecting to the new one. Upon checking the new website you'll notice an updated roadmap with the projects that Digibyte are working on, most of these are projects we already know about like messaging, Emma A.I, DigiID .etc which are great projects to improve the platform. Check out the Digibyte Roadmap here:  https://digibyte.io/digibyte-roadmap As part of the Citi Tech for Integrity challenge, Digibyte won the "Best community award" while it wasn't the award we were hoping for its still very good news for Digibyte and the fact that they will now have the help and support of Citi as well as partnerships with the other award recipients this is all very good news. Check out the recorded stream of the Citi Tech awards here:  https://www.facebook.com/citi/videos/1468366343228918/

ETH Faucets Claim your free Etherium coins from the faucets listed below, CryptoAuthority has complete lists of hundreds of faucets that you can access online, or on your Smartphone. Faucet Minimum Maximum Time Payout Method Platform Working Freether - - 3 Direct Android Yes Earncrypto ~0.000060 per point earned - N/A Direct Web Yes Etherium Farm - - 5 Direct Android Yes ETH Reward - - 5 Direct Android Yes EtherDrips - - - Direct Android Unverified Etherium Faucet Info 0.000001 0.001 60 Direct Web Yes SwissAdsPaysEth 0.00000180 0.00184320 60 Direct Web Yes Fourumcoin Etherium Faucet - - - Direct Web Yes MulticoinFaucet - ...