What keeps this financial planner awake at night? Currently, it’s thoughts about “the anchoring fallacy” and the impact it can have on money and plans for the future.
Interest rate jitters
Tag Archive for GFC
Michael Musing on risk
Your risk profile is your personal assessment of the areas in which you have leeway, and the areas in which you do not, in your attempt to achieve a result as close as possible to that unachievable perfect outcome.
The Global Financial Crisis Exposed
Money, power, bias – and truth. The Global Financial Crisis (now simply designated ‘the GFC’) brought all of these priorities, and the conflicts they cause, into stark view. A new movie “The Inside Job” successfully highlights the interplay of vested interests, hidden compensation and regulatory policy stupidity that suggests not only that the eventual crisis…
The Gold price and investment markets
Gold, like diamonds, holds a fascination much greater than its simple financial value. It is malleable, resistant to tarnishing, highly conductive and a fantastic metal to work with (in a previous life i completed a jewellery making course and came to appreciate just how easy gold is as a medium). In some countries, the open…
This is a time to be cautious of being cautious
There is a lot of worry and fright circulating as news and information about investment markets right now. I don’t want to downplay the potential for dire outcomes from the GFC and various government attempts to reduce its impact on their economies. However, there does need to be a little more informed comment on just…
It was the best of times, it was the worst of times…
Charles Dickens penned these words as the start of his ‘Tale of Two Cities‘ – a stark portrayal of social, political and economic contrasts so vivid that it remains, even today, one of the biggest selling English novels. Why the literary reference? Apart from enjoying the novel immensely, the key phrase most clearly elucidates my…
Let’s look at the global position…
i don’t know about you but at this time of the year i don’t sleep all that much. A financial planner looks at the end of the financial year as a one-way farm gate – if you don’t get all of your clients’ assets and details through that gate then there are opportunities that are irretrievably…
People in glass houses…
Who are YOU calling “PIG”? There is a demeaning acronym given to Euro countries under the spotlight at the moment – “PIGS” (Portugal, Ireland, Greece and Spain). This labelling fuels the feelings of superiority on the part of the finger-pointers and the feeling of oppression by those being pointed at. But how valid are those pointy…
Power, Money and Money and Power
As a bemused bystander to the current global financial turmoil (“GFT”, being a close cousin to the more familiar “GFC” or Global Financial Crisis), have you ever paused to consider just what the very big picture may be telling us about the times we live in? Given that this is a very broad musing, it…
