Thoughts on money, from a Financial Planner in Perth
“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 … 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?
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.
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
Self Managed Superannuation Funds (“SMSF’s”) have long lived under a very harsh penalty regime. If a trustee failed to meet their obligations then the Australian Tax Office (ATO) was able or even required to declare the fund “non-complying”. That was a nuclear bomb option as it resulted in the fund assets being taxed at the … 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
There are few arguments more heated than those based around the future direction for house prices. i am about to make some statements that many people will find disturbing so please, if you have a weak stomach for discussion on house prices, change channels now… A hundred billion dollar error One of the great difficulties that … 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
Is the market ‘high’ or is it ‘low’? Is it ‘time to re-enter the market’ or should you be buying cans of baked beans, a shovel and a gun? This site sticks with the Great Disclaimer – nothing here can be considered personal advice, so the title is more correctly referred to as a ‘rhetorical … Read more