World Sharemarkets – a look at the long term…
Vanguard have released a brilliant interactive chart on their website. In this post we look at some of the results from the chart and highlight just how much fun can be had in the nerdy world of money.
Financial Planning Perth
General discussion on the activities of a financial planner and their clients, as well as comment on broad industry trends and practices.
Should we rethink traditional approaches to home ownership?
“Too many people bought too much house for too many years”. That is a quote from a New York Times article, published recently. The article looked at the impact of housing on the financial crisis from the point of view of a person in the United States. From here in Australia, the “seven new rules” … Read more
Why Industry Funds are good “Default Funds” in awards
There has been quite a bit of debate in recent times on various clauses in various “Awards” as they relate to superannuation.
Some argue that this takes away “member choice” and that it unfairly promotes “industry funds” (i have not used capital letters, as i have not investigated whether all awards with these provisions specifically relate to funds that are members of the Industry Funds marketing group). However, i would argue that this is in fact a very good basic step to take in many cases….
“Industry Funds” – Compare the pair
Just a moment please, while i don my titanium-lined protection suit… Members of the super fund industry are particularly sensitive at the moment, so anything that i may say here will undoubtedly be taken incorrectly, misquoted or distorted in some other way. Previous attempts to bring a bit of plain English to the super funds … Read more
Trouble with the Law?
No, it’s not what you think… In my experience, the legal profession has a similar problem to the financial planning profession – lots of people are scared to make an approach to use the services on offer. This could be the result of bad publicity, unrealised expectations in the past or bad experiences of friends … Read more
A bit of colour
No reason really – just thought the site needed a splash of colour.
But who’s thinkin’ aboot the Bebe?
It is a favourite parody scene from some of my favourite comedies – in the midst of a terrible turmoil there is someone runing from pillar to post, pulling out their hair while yelling (usually with an enforced accent), “but what about the baby?” It may be a long bow to draw any similarity but … Read more
Comparing Super Fund Returns
For those who do not wish to visit a financial planner or those who simply want a quick response without having to go through lots of discussion, here is a very good website that offers fund comparisons. It is the Chant West “Applecheck” site. It focusses on more than just returns, and is an extremely good … Read more
Understanding Superannuation Fund Returns
I’m sorry, that was just sooooo funny that i almost choked even as i was typing it. ‘Understanding’ is not a word usually associated with superannuation funds, never mind understanding anything about the investment returns achieved by those funds. APRA (the government body charged with supervision of a lot of these areas) has just released … Read more
Who needs a Financial Planner?
Correct answer : No-one. Notes : This is correct on the same basis that no-one needs a doctor, a lawyer or a politician. Each of these professions fails to meet the “basic needs” criteria. The same argument could be put for trade professions such as plumbers, brick-layers, truck drivers or mechanics. It is quite possible … Read more