The world is going to end but you can save yourself by subscribing to... These self-help newsletters, websites and email lists are getting a little bit carried away with themselves.
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Thoughts from a Perth Financial Planner
WSP Financial Services Pty Ltd links
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.Posts Tagged ‘ market rally ’
Don’t listen to the panic merchants
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...
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Trader Update – black boxes are running markets
A quick look at how short term speculation impacts on Australia's sharemarket.
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Comparing House and Share Prices
Many, many people get hung up on whether houses are better than shares as long term investments and vice versa. Logic would dictate that over the long term, houses are a depreciating asset requiring substantial capital to buy or maintain with high transaction costs, and therefore are likely to underperform listed equity, which should...
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Ever been told the story about ‘the Herd’?
It is not a new story. It’s just the old adage about investors and the trends of markets resembling a “herd” of like-minded folk. Most often portrayed as sharing a common delusion in regards to where they are headed. Quite often the story includes images of the herd merrily stampeding off a cliff, while...
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Protected: Trading Update
There is no excerpt because this is a protected post.
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Protected: Michael’s Musings – Short Term Recovery Strategy
There is no excerpt because this is a protected post.
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Musings on Markets and Mayhem
Sitting here on a Tuesday morning, pondering what financial outcomes are likely to flow from the 7th April moving to the 8th April. Will it be "just another day"?
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Pidgin Economics
Financial Planning is all about understanding money. The problem is that traditional financial planning is all about your Financial Planner understanding money and your simply agreeing with whatever it is that they are telling you. How do i know this? i know that this is the case because i am an avid reader of all things financial, and my role as an active Financial Planner in Perth, Western Australia, keeps me up-to-date with the latest trends no what is happening in Western Australia. Constant contact with other planning professionals, and with employees, representatives and management of major financial institutions, helps to bring about a fairly wide picture of how things stand at any given point in time. If there is a "zeitgeist" to financial planning (and i am referring to the "spirit of the times" definition and not the popular conspiracy theory video) then right now that would be a spirit of Inquisition. That's not all good, by the way. Financial Planners and the financial planning world are under the microscope in a way that has not happened before. Fees and bias are being raised in a negative sense, with very little perspective or history being presented to help the average person understand money or how the financial planning world works - and that is a bad thing, as legislative changes as well as consumer group pressure, are combining to fundamentally alter the fabric of financial planning in Australia. All change is not always for the better, and Financial Planning will not necessarily involve less fees and bias in the future. If anything, the changes to legislation for financial planning operators is already working towards a greater reduction in choice and clarity. Bias driven by commercial arrangements are being hidden even further, as financial planning groups take positions in financial products to gain some financial exposure to investment and superannuation funds flows. The term "independent" is mistakenly assumed to mean "free of bias", and that is a mistake that is made by legislators, consumer groups, consumers and even financial planners. This site aims to bring about a greater understanding of money and the financial planning world. It's not a destination but a journey, and not a short one at that. If you are interested in financial planning (especially Perth financial planning) then spend a while to get to know this site, and i believe you will learn far more than you expect. If you do not, click on the "contact" links and tell me where we fall short. I assure you that all input will be attended to and considered. - Michael O'Hara
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