Just a quick note today… With the broohah surrounding the government announcements on legislating to remove commissions from superannuation and investment accounts there are all sorts of comments being made on the likely impacts – some more informed than others. Feedback in a number of online forums suggests that many people are happy with the…
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.
Is there ever a level playing field?
So you come to work, looking forward to a day doing the job you love, and thinking how lucky you are to deal with the people you deal with. For some reason you glance at the front page of the financial papers and these are the headlines glaring back at you. It wouldn’t hurt as…
Everyone wants to be your financial friend
From a financial advisors’ point of view, a lot of the current debate on the value of advice is more than a little bemusing. Over many years the role of advisor has evolved from what was predominantly an insurance advice role (~40 years ago) through superannuation advisor (~30 years ago), investment advisor (~20 years ago)…
Reduce costs and get healthy – buy groceries online
I have always been “anti” online shopping when it comes to groceries. I had a lot of pre-conceived ideas on the cost, practicality and product quality of delivered groceries. In my mind I was sure that delivery would cost between $15-$20, only available between 9am-5pm (when most of us are at work) and that they would…
A Christmas Poll
Inflation suggests that the cost of living rises (nearly) every year. Following the impact of the Global Financial Crisis, some areas of the economy are flat, some have gone backwards and others are approaching previous high points. We are interested in how it is impacting the average person. Here is a quick poll for you…
Be gentle on ‘Industry Funds’ – they know not what they do.
The front page of todays Australian Financial Review (AFR) includes an article titled “Unlisted assets drag down super fund returns”. In it, the returns of ‘Industry Funds’* is suggested as showing falling returns into a recovering market. This is entirely expected, and should not be a reason to argue against the ‘Industry Fund’ attraction to…
Noise – it’s all just noise..!
My brother sent this photo yesterday. It is the view from his current workplace, in Laos. Here is my view… Sometimes the hustle and bustle of the day-to-day can stop us from seeing and thinking clearly. When considering money issues, this is the most common cause of mistakes being made. It may sound easy to…
Things to consider when buying shares
This article is an extract from a discussion on the merits of purchasing shares in Rio Tinto. It covers some of the points that would impact on such a decision. It is not exhaustive but it is a good start.
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.
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”…
