Two of my kids are still at school and approaching that moment of decision, foisted on them by time, possibly unwillingly, when they are being told they have to decide what they are going to do after school, which, dauntingly, implies they have to answer the question, right now, “what am I going to do…
I have an article in The Age Money section. It's one to send to your kids. Click below and read it online (it helps it go viral), or you can read it below. Or just copy and paste the image and the link and send it to the kids by email. https://www.theage.com.au/money/investing/the-best-investment-in-the-whole-world-20180605-p4zjkr.html I have been…
Australian investors who want a diversified portfolio in a particular asset class without having to manage it themselves are able to Exchange Traded Funds (ETFs) on the ASX. ETFs are exchange traded on the ASX. That means you can buy and sell them on the ASX just like shares. They trade and settle in exactly…
In order to make any money in the stock market you need to focus on the unknown and stop wasting your time on the known. Every year the top and bottom performing stocks are not the stocks the market predicts most accurately, those stocks will hardly move, the big money is always in the stocks…
THE DIFFERENCE BETWEEN EQUITIES AND PROPERTY I cannot tell you how many times I have read that you double your money in Australian property investment every ten years. It is the core assumption in all property marketing it seems. Of course to make any money out of that implied 7 per cent return per annum…
This is an oldie but a goodie. Here are a few extracts from The Shorter Oxford Share Market Dictionary. Keep by your side at all times. Research speak BUY – It’s a large listed stock. HOLD – It’s a SELL and we’re not about to ruin years of relationship building between the analyst and the…
Much has been written recently about the relative merits of taking an active approach or just letting your funds track an index. The growth of passive funds has been extraordinary. The head of Vanguard in Australia was in the news last week as the FUM have grown to $5.4 trillion. $2.9 trillion is tracking indices…
Grandkids Folio. It was fascinating to read Henrys response to the ‘Ask Henry’ question about setting up a folio for a grandchild. We’ve ‘been there and done that’ and can totally support Henry’s advice. We set up a folio for our grandchildren quite some time ago. We looked at structures where they would be joint…
When I started broking in 1982 there were no personal computers let alone email or online broking. Everyone used full service broking because they had to. Now you don’t have to but the industry still exists and if you talk to most people about full service brokers they will immediately launch into the terrible experiences…
