Why is the Australian sharemarket down 29% from its 1 November 2007 high point when the United States S&P 500 index is only down 26%? Is the United States economy doing better over that time period than that of Australia? Looked at another way, why is Australia’s market up only 56% from its 10th March…
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)…
Is this as good as it gets for cash?
Australian banks have traditionally offered cash rates of return that are well below the official Reserve Bank of Australia (RBA) ‘cash rate’. This has made it even less attractive for people with savings to keep those savings in a bank account. Even term deposits have struggled to offer much more than the cash rate. The…
Protected: Traders’ Update
Protected: A real life example of using “Traders’ Updates”
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…
