Times Change

Times Change “In times of change learners inherit the earth; while the learned find themselves beautifully equipped to deal with a world that no longer exists” – Eric Hoffer, American writer. That was the quote of the day in MarcusToday a little over a year ago.  I always enjoy the quote of the day.  Some…

don t short the blue wave

Don’t be short

DEMOCRATIC SWEEP A bit ho-hum today but a major market theme is developing. The Blue Wave chatter has morphed into a new phrase in the newswires – “Democratic Sweep”. This is an image from a US article titled “Wall Street prepares for the blue wave Democratic sweep“. The Bull market is getting ready to emerge.…

Growing Old

Seeing ourselves as others see us. As we age we have to deal with changes which are not just financial.  I first realized this whilst I was still working full time.  After a project meeting I caught a tram along St Kilda Road to travel back to the city.  The tram was full as usual. …

Role Reversal

Role Reversal One of the best things about our retirement has been the time we spent with our two granddaughters.  It would have been good to spend similar time with our two grandsons but they lived in Perth so it wasn’t just a short drive up the road.  It all began when the eldest granddaughter,…

The Problem with ETFs

An important bit of ETF education. Here is an extract from an article by James Kirby in The Australian about the risks of some exchange traded funds. The article highlights one of the major risks of ETFs: “A coalition of the world’s biggest fund managers is pressing for consumer protection reforms in the booming Exchange…

New Normal

I’m feeling just a little bit more optimistic for the first time in months.  There may be just a chink of light at the end of the tunnel.  If Victoria can get its house in order Australia might just achieve some degree of a new normality.  I know we can’t expect to return to the…