Thoughts on money, from a Financial Planner in Perth
Michael O'Hara 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 superficial … Read more
Having just spent a bit of time setting out the relative aspects of bias that exist in the Financial Planning industry, i thought it relevant to highlight just how prevalent and deeply ingrained this tendency for bias is. Please bear in mind that i am not making a value judgement here – bias will always … Read more
How to start in an area that is so little understood, even by those who set out to regulate or administer the laws of advice? Let’s start in a place called Mar-a-Lago, a Donald Trump owned private club in the salubrious Palm Beach in the good ol’ US of A. The cream of the local … Read more
There is no excerpt because this is a protected post.
Sometimes it seems that the Federal Budget could be improved through a strong dose of Taoist thinking. Here is my logic… The budget is supposedly one of those things that involves balance. That is, Government receipts are balanced with Government expenditure. The Budget updates in May are a time where past income/expenses are published and proposed … Read more
“pidgin strives to be a simple and effective form of communication” and i like simple… With the massive stimulatory efforts of Governments and central banks throughout the world, mainstream media is starting to use once-fantasy-world terms with a flippancy that does little to portray the intensity of what it being done. For example, if the … Read more
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”?
Quite possibly THE singularly most important issue that can be dealt with when considering money. This is likely to be a rather lengthy and ongoing discussion, so go make a coffee (or tea or whichever version of calmative you prefer), lean back and open your mind just that extra little bit. There are more issues … Read more
This is a very special word in the area of financial services. At least, it is legislatively important in Australia and a good starting point when you begin to consider money, advice and how they interact. Let’s get technical for just a moment… In Australia, the word “indepedent” and its use by financial intermediaries is … Read more