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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. …

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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,…

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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…

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ASX200 end of September

ASX 200 Ends the Month in Uninspiring Fashion

WEDNESDAY MID WEEK CATCH UP, 30th September 2020 The ASX 200 (ASX: XJO) has ended the month in uninspiring fashion as it oscillated between small gains and losses on Monday to close down 13 points. The banks slid back on some profit-taking after big moves last week on news lending restrictions would be eased.    Tuesday saw a similar pattern evolve; the market closed flat after early optimism evaporated. Another quiet day of indecision…  Wednesday saw the market down 64…

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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…

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Super For The Long Term

‘Superannuation is for the long term’.  I wonder how many people react as I do to that statement.  I immediately have two reactions.  The first and most obvious is that at 82 with 83 approaching at an alarming rate there is no long term for me.  It’s a case of living for the day, week…

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