Michael O'Hara

Michael O'Hara is a Financial Planner operating out of a boutique advisory service in East Perth, Western Australia.

Michael’s Musing on New Year Resolutions

New Year resolutions
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Welcome to 2013, the year of the snake! Already a few weeks old, 2013 has all the makings of a very good year. For a start, the political systems of the three major economic global power blocs (Europe, USA and China) have managed to wriggle their way through some fairly tricky turf and start the…

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Risk on, Risk off but do you want to play the game?

risk on risk off it will lead to repetitive strain injuries if you let it
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“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 us…

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Financial Planners Perth, Western Australia

We are financial planners and we are here to help you - but we don't all do the same things...
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Maybe it’s just because of the general good cheer of Melbourne Cup day but my usual elephant-thick-skin is feeling a little tender at the moment. It could be just another example of the “straw that broke the camel’s back”. You know, when the accumulation of a long series of nothings suddenly begins to make each new piece of straw feel…

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Michael Musing on risk

personal risk - photo source deshow.net
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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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A word of caution on cash rates

cash term rates from financial banks - are they a good thing?
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When everyone is crowding around the feeding trough, it can be hard to see who is providing the food. So it is with cash rates right now, at least in my eyes. i think it is time to air a word of caution on interest rates for cash. Not necessarily the usual worry of losing…

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The cost of renting…

Perth Housing rental costs and house prices
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Hard on the heels of my last post about Australia’s housing shortage/surplus comes some information^ on Australia’s top 25 Residential property rental increases  as measured by council areas. The highest median rent in Australia belongs to… Port Hedland. Yes, the median rent in Port Hedland ($1,900 a week – that’s $98,800 a year people…) has…

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Australian Sharemarket Long Term Views

Long term investing involves the old trees and the forest idea
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Investors and their financial planners have now endured over 5 years of turmoil since the onset of the Global Financial Crisis. The extended nature of this slump in markets of all types has sapped the energy, patience and temper of everyone connected to the world of money. As i have a number of times before,…

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