February 2018 | Enough Time To...

Anatomy of an Equity Crowdfunding Offer

Posted on February 26, 2018March 6, 2018 by Mrs. ETT

In Part 1, I researched four main components of Crowd-Sourced Equity Funding—The Company, The Intermediary, The Investor and The Offer. Today I run through the process of equity crowdfunding, from inception to closure. Equity Crowdfunding Step 1 A company decides it would like to raise some crowdsourced funds. It has made sure it meets the requirements, so chooses an intermediary to host its offer. As of February 2017, only 7 companies have licenses to act as CSEF intermediaries. This will increase in the future. The hosting intermediary investigates the company to make sure they can take part in equity crowdfunding. This includes checks to confirm the identity of a company.

An Honest Review of Noble Oak’s New Life Insurance Calculator

Posted on February 21, 2018February 20, 2018 by Mrs. ETT

Recently, Noble Oak reached out to me for a review of their new life insurance calculator tool. While this is a solicited post, all opinions below are my own. I was not paid for this post, and there are no affiliate links. Last year, I reviewed our level of life insurance, and took action based upon what I found. Unfortunately, Mr. ETT didn’t follow through at the time, so this was a great prompt for revisiting our needs. I’ll be the first to admit that I resent paying for any sort of insurance (not a surprise to regular readers). Even so, I appreciate the importance of having a backup, even

Crowd-Sourced Equity Funding – A New Way to Invest

Posted on February 18, 2018February 26, 2018 by Mrs. ETT

Recently, the Australian Government legislated a new way for the average Australian investor to support start-ups and small businesses: Crowd-Sourced Equity Funding (CSEF/CSF). Prior to this, if you wanted to invest in a company, you found a broker, paid a fee, then bought shares. What if you wanted to help a business grow, yet they weren’t listed? You’re no angel investor, swooping in and supplying millions of dollars in funding (if you are, welcome… but I’m not sure what value you’ll derive from this blog!) The Government passed legislation to enable this form of investment on 29th September 2017, but it’s only from January 11th 2018 that ASIC approved a

January 2018 Spending and New Habits

Posted on February 10, 2018February 9, 2018 by Mrs. ETT

In 2017, we spent $64,000 on everyday expenses. In 2018 we have the goal to be able to live off one wage, or $60,000. To generate that using passive income and the 4% rule, we’ll still need $1,500,000 invested! Every dollar less we spend is another dollar we don’t have to save up for in retirement. Not a good start to the year. Our Net Worth dropped and the number of days to retirement increased. Let’s hope we can turn it around! Daily Spending Rate Armed with our new goal, we immediately had a massive spending month. Even including our holiday, in 2017 we only spent $193 a day. This

Here We Go Again—My Overwhelm Post for 2018

Posted on February 2, 2018February 2, 2018 by Mrs. ETT

Here we are again—I’ve written about feeling overwhelmed before, and it appears that I didn’t learn my lesson back then, so it’s time for a revisit. It’s probably worth noting that I’ve been awake since 3am while I’m writing this, so my emotions are a little fragile. I have been back at work for less than a month, and I’m already feeling overwhelmed with the lack of time I have to do what I want. It’s a huge shock to my system to have gone from 2 weeks of essentially doing nothing, to going back to being out of the house for twelve hours a day, 5 days a week.