Welcome to Michael's Musings.

Financial Planning is all about understanding money. There is a never ending stream of data being thrown at us all in this increasingly technologically-fed world but in many cases, all that extra data does is to add to the 'noise'.

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.

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Posts Tagged ‘ risks ’

People in glass houses…

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May 25, 2010
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...
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A Reminder – Speculating is NOT Investing

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May 12, 2010
A Reminder – Speculating is NOT Investing

What is speculating? What is investing? There are different versions of this but a very good one was put forward by Peter Thornhill this morning in his delivery to those assembled for the current Perpetual update (Perpetual is a major fund manager in the Australian market, with an active, value “style”). Peter’s delivery was...
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What The…? Return to your homes folks, nothing to see here.

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May 7, 2010
What The…? Return to your homes folks, nothing to see here.

This is just a quick note to comment on the wildly erratic gyrations on the US stockmarket overnight. It seems that speculation, fear and quite possibly a few incorrectly processed trades have resulted in the kind of near-meltdown that we have seen in the past – except that this time the actual basis of...
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Be gentle on ‘Industry Funds’ – they know not what they do.

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December 1, 2009
Be gentle on ‘Industry Funds’ – they know not what they do.

The front page of todays Australian Financial Review (AFR) includes an article titled “Unlisted assets drag down super fund returns”. In it, the returns of ‘Industry Funds’* is suggested as showing falling returns into a recovering market. This is entirely expected, and should not be a reason to argue against the ‘Industry Fund’ attraction...
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Superannuation remains Largely Unexplained

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November 13, 2009

Todays Australian Financial Review (p3) carries an artile titled “Super funds warned” in which Jeremy Cooper (“chairman of the federal government’s review of the $1.2 trillion superannuation industry”) suggests that Australian super funds need to increase returns and gain greater scale to increase opportunities. The example given is “Two Canadian pension funds with a...
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Noise – it’s all just noise..!

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November 3, 2009
Noise – it’s all just noise..!

My brother sent this photo yesterday. It is the view from his current workplace, in Laos. Here is my view… Sometimes the hustle and bustle of the day-to-day can stop us from seeing and thinking clearly. When considering money issues, this is the most common cause of mistakes being made. It may sound easy...
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Protected: Michael’s Musings – Short Term Recovery Strategy

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August 10, 2009

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How do Financial Advisors assess and apply risk strategies?

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June 3, 2009

Take a deep breath, ’cause this is a deep one. i have set out below a bit of information on one of the core “tools” that is used in the financial planning industry in an attempt to apply some measure of science to the selection of approriate investment assets. It is actually only a...
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Protected: Great Southern appoints Administrators

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May 18, 2009

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Pidgin Economics