Financial Planning for the “me” in You
With all the access to information and compelling voices of authority of the modern world, it can be hard to work out what you need to know, and what is just “noise”.
Michael O'Hara
Financial Planning – DON’T PANIC
Famous words, made all the more famous’er by the late but very great Douglas Adams, in his 4 book trilogy “Hitch-hikers Guide to the Galaxy” (although the actual number of books that make up the trilogy is subject to some dispute). Douglas Adams was referring to the great cosmic guidebook produced by Megadodo Publications. “It … Read more
Investment Market Turning Points
It is so easy to forget that investment markets change direction in a way that can only be identified in hindsight.
Beware Fixed Income
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 a … Read more
A little bit of perspective on money
There is a pointy-end of physics that studies the impact observations have on processes. One version is encompassed by the Heisenberg uncertainty principle. It is my thought that this principle should be applied to the world of money, as much as it is applied to quantum physics. Here’s why… It implies that it is impossible to simultaneously measure … Read more
Buy and hold – or be more active?
There has been a great deal of attention directed over the last couple of years towards a strategy known as “buy/write”. This post will look at how such a strategy has worked, and how the current market impacts such a process. The reason for this post is the strong market focus by advertisers and promoters … Read more
Financial Planning commentary
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 … Read more
What is the true value of a Euro?
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 little … Read more
2012 – At the crossroads
2012 is definitely lining up to be a watershed year, in which some of the global monetary tensions built up over the past 4 years finally work themselves out. The big question, of course, is exactly how these monetary pressures will resolve. Panic Buy or Panic Sell? In my role as a financial … Read more
Financial Planning Bias
It’s the new year, and financial planning as an industry is headed pretty much where previous posts have suggested. Happy New Year! Today, we are going to continue to investigate the ins and outs of bias as it stands in the financial planning industry in Australia. Pour a cup of your favourite brew and let’s get … Read more