Abel Prasad’s Blog — Life, Business & Wellbeing
Summary and Review of The Barefoot Investor (Updated 2019) by Scott Pape
Throughout the book, Pape employs a casual, relatable tone, making financial literacy accessible and engaging. He uses personal anecdotes, simple language, and actionable steps that readers can immediately implement.
19 Lessons from Mark Cuban for Aspiring Entrepreneurs
Mark Cuban, the billionaire entrepreneur and owner of the Dallas Mavericks, is a well-known figure in the business world. His journey from a modest upbringing to becoming a self-made billionaire offers valuable lessons for anyone looking to succeed in business.
Things I’ve Learnt from Tony Robbins
Tony Robbins, a name synonymous with personal development and self-improvement, has influenced millions with his powerful seminars, books, and coaching. As someone deeply involved in the financial industry and personal growth, I have found his teachings particularly impactful. Here’s a reflection on some of the key lessons I’ve learnt from Tony Robbins.
Guru Vandana
Continuing on with verses from my fathers book I bring you the following poem. The poem was written and dedicated to mentor of his. Someone who guided him during his later years of life.
Regulatory Developments in Private Credit: What Lenders Need to Know
The Australian private credit market has experienced considerable growth in recent years, becoming an integral part of the financial landscape. As this market expands, it attracts increased scrutiny from regulatory bodies. For lenders operating in the Australian private credit space, staying updated on regulatory changes is essential to ensure compliance and seize opportunities. This blog post provides an overview of recent regulatory developments affecting private credit markets in Australia and offers guidance on how lenders can navigate these changes effectively.
The Vital Role of Cyber Security in Private Lending
In 2022, a private lending firm experienced a data breach that exposed the personal information of thousands of borrowers. The breach was traced to a phishing attack that compromised employee credentials. The firm faced significant financial losses, regulatory penalties, and a loss of customer trust. This case highlights the importance of robust cyber security measures, employee training, and incident response planning.
In a World of the Broken Hearted - A book of verse - Dr. Umanand Prasad
Whats funny is that my father and I have a complicated relationship. It was all over the place.
My father did his best to guide me but often sons rebel against their fathers and try and choose their own paths.
Scotland Yard Investigates UK Election Betting Scandal
Scotland Yard is set to take a prominent role in investigating criminal allegations in the Westminster betting scandal, a controversy that is dominating the current British election campaign.
NASA Astronauts' Return Delayed Due to Boeing Starliner Malfunction
In a significant setback, two NASA astronauts find themselves in an extended stay aboard the International Space Station (ISS) due to technical issues with Boeing’s Starliner spacecraft on its first crewed flight.
Julian Assange’s Long-Awaited Return Home: A Journey of Triumph and Family Reunion
Julian Assange’s legal team is urging the US President to issue a full pardon for the WikiLeaks founder, who has returned to Australia for the first time in over 14 years. Barry Pollack, Assange’s American criminal lawyer, emphasised the President's absolute pardon power, expressing hope that President Biden, or a future President, will act in favour of Assange. "President Biden or any subsequent President absolutely can, and in my mind should, issue a pardon to Julian Assange," Pollack stated. The team remains optimistic that the same support Assange received while in prison will continue to build momentum now that he is home.
Inflation Surge Signals Possible August Rate Rise: What It Means for You
Australia's economic landscape is facing heightened uncertainty as inflation surges to a six-month high, prompting speculation about an imminent interest rate hike. The annual inflation rate soared to 4% in May, up from 3.6% in April, according to the Australian Bureau of Statistics. This unexpected increase has intensified calls for fiscal restraint and placed additional pressure on the Reserve Bank of Australia (RBA) to consider further monetary tightening.
Which Investment Vehicle is Best to Build Wealth?
With the ongoing discussions about how the wealthy invest, a frequently asked question is: which entity is best for building wealth?
Australian Shares Set to Rise Following Wall Street Gains
Australian shares are set for an uptick, taking cues from Wall Street where equities flirted with record highs despite continued declines in semiconductor stocks like Nvidia.
Keystone lent money to director’s $300m Port Douglas resort dream
Keystone Asset Management, a financial services company currently under investigation by the Australian Securities and Investments Commission (ASIC), lent money to companies involved in a $300 million luxury resort project in Port Douglas, Queensland. The project, known as the Fairmont Resort, was developed by Melbourne property developer Paul Chiodo. “We are talking about absolute uber five-star luxury here, the very high end,” Chiodo told The Cairns Post when hotel agreements were signed in 2020.
Popular Melbourne brewery announces closure
A popular brewery is going into liquidation and shutting down forever after it couldn’t scrape its way out of a financial black hole.
After years of brewing excellence, Deeds Brewing, a beloved Victorian establishment, has sadly announced its closure
Why further interest rate hikes by the Reserve Bank won't fix Australia's inflation problem
If only there existed a diagnosed ailment dubbed One Size Fits All (OSFA) syndrome.
Chances are, if such a condition were recognized, a significant portion of our economic pundits might find themselves stepping out of their therapists' offices and making a beeline for the nearest pharmacy in search of relief.
Moving Forward: The Case Against Dwelling on the Past
Moving Forward: The Case Against Dwelling on the Past
Human life is a journey, constantly propelled forward by the winds of time. However, amid the hustle and bustle of existence, it's common for individuals to glance over their shoulders, contemplating the roads they've already traversed. While reflection can be constructive, fixating on the past can impede progress. This essay argues against dwelling on the past, emphasizing that our paths lie ahead, not behind.
Arj Barker ejects breast feeding mother
Comedian Arj Barker is making headlines this morning after asking a mother to leave his Melbourne International Comedy Festival show after her baby began making noises during the performance.
Time to Respect the Culture
Visitors could soon be banned from one of Australia’s most popular outback tourist destinations under a plan to protect the “sacred place” for its traditional owners.