Thoughts on money, from a Financial Planner in Perth
Should you hold more Australian shares, or more American? It’s a question that sounds simple enough. But ask six experienced investment professionals and you’ll get six different answers—often contradicting each other directly. One argues that up to 87% of apparent US outperformance disappears when you adjust for currency movements. Another insists the US dominates global … Read more
The Reserve Bank of Australia today announced that it has dropped interest rates yet again. Borrowers on variable rates linked to the RBA cash rate will rejoice when their particular financial institution eventually agrees to pass on the interest rate cut. Pensioners and people living off interest income will find their next interest payment is … Read more
The Medibank float is likely to be the largest and most keenly sought-after Australian Stock Exchange (“ASX”) retail float for a very long time.The high level of interest is a reflection of many issues – some valid and some not so valid from an objective investor point of view. In this post, i muse on … Read more
What keeps this financial planner awake at night? Currently, it’s thoughts about “the anchoring fallacy” and the impact it can have on money and plans for the future.
How much do you think the property you live in is worth? How about the suburb or area in which you live – what do you think would be the combined value of all those properties? Ever wondered what all the property on earth is worth? Global Property Value As usual in an information filled world, … Read more
Global themes will impact all money plans for the future. Have you thought about your financial future in this context? Will you have to change any of your plans?
My tea-leaf prediction…. we will start to see more and more fund managers and super funds start to brag about their investment returns.
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, … Read more
What is the “Libor scandal” and what does it mean to you? The term “Libor” stands for “London Interbank Offered Rate” (no, it does not stand for Let’s Investigate Banksters’ Organised Rate-rigging…) and it is a benchmark commonly used to determine interest rates on business loans worldwide. The real impact on you and i, dear … Read more
Financial media have started using the terms “risk on” and “risk off” to describe the daily swings that are so vividly apparent in market pricings around the world. Just what do these terms refer to? Markets are priced at the margin Deep breath, and please bare with me on this one because it is extremely … Read more