Here at Michael's Musings, a Perth planner will help you sort out the real information in amongst all that noise. Feedback and comment cheerfully received, even if sometimes ignored. To log-in using your Facebook, LinkedIn or other network ID, please click this image.
Thanks for dropping by...Ready to share and learn a little more about money and markets and financial planning in Australia today?My contribution towards this will be a focus on the "non-market" aspects of financial planning. There is a lot of market talk and data and information and opinion available but there is not a lot of financial planning discussion happening.If there's a topic you'd like covered - just send me an email.And remember, as well as adding the "log in" links for social media below, there is now a Michael's Musings page on Facebook and an account on Twitter. If you have accounts with either of these, please take a moment to check in and see what i've done. You will find a lot of smaller, shorter updates on day-to-day news on those sites. Feel free to share feedback and comments.
This web site is operated by Michael O'Hara, an Authorised Representative of WSP Financial Services Pty Ltd (AFSL 237463), which trades as Wealth & Security Planners.The views expressed within this website are Michael's personal views, and should not be interpreted as necessarily representing the views of WSP Financial Services Pty Ltd.
“Risk on, risk off” is a phrase used to denote the massive trading shifts taking place at institutional levels in the post-GFC (“global financial crisis”) world. The phrase encapsulates the skittish approach investors have taken to the day-to-day news and data feeds that are highlighted on the evening finance news segment. The question for...
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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.
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What is the “Libor scandal” and what does it mean to you? The term “Libor” stands for “London Interbank Offered Rate” (no, it does not stand for Let’s Investigate Banksters’ Organised Rate-rigging…) and it is a benchmark commonly used to determine interest rates on business loans worldwide. The real impact on you and i,...
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Chancellor Angela Merkel arrives in France and is going through passport control. “Nationality?” asks the immigration officer. “German” she replies. “Occupation?” “No. Just visiting.” No really… is anyone else finding it hard to think of European political attempts to fix economic problems without resorting to chuckles? Europe – lessons in moving at the...
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IF you were a wealthy individual, worried about the economic environment that you were in, would you lend millions of dollars to your government at a nil interest rate? Well, it seems that many people in the world think that is a fantastic idea. The German government has pulled one of the best financial...
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With all the gloomy news about falling retail sales, declining house prices, and small business access to credit, the average person can be forgiven for thinking that “things are bad”. In times such as this, it is natural for a parent to worry about the world that their children will inherit, and the financial...
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While not usually given to hype-driven headlines and catchy bylines, it seems to me that investors are currently being led by some errant media ramping of fixed income products – which is wrapped up in the guise of genuine commentary, research and financial opportunity. This is not a gloom and doom post, and not...
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With all the ruckus that gets thrown into news headlines, it can sometimes be difficult to remember just what the longer term looks like. If anyone is in any doubt why Australian’s are currently NOT spending money in shops, and are instead going on overseas holidays or going online to spend their currency then this...
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Is the world riskier? Here is a question received from a client recently. My second question is, I remember a time when things ticked along with the ASX rather smoothly, whilst I appreciate the recent volatility is something that we are not used to, I still don’t get the way the market moves at...
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Like it or hate it, our little blue planet spinning in space is currently focussed on money. Sport, gardening and cooking shows may interrupt for a while but all across the globe the big competition is money. Economic World Title Fight It is not really a stretch to say that looking at the way countries...
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