You may have seen my recent video on Livewire – they sat me down and said “Talk about anything you like”. So we talked about the portfolio assessments I do for financial planners and here is the result if you haven’t seen it. CLICK HERE to download the 9-point checklist e-book. There have been a…
You may have seen my article on Livewire this weekend which talked about some of the common traits and mistakes, as well as the heroics we see when we do portfolio assessments for financial planning clients, mostly portfolios that have been managed by SMSF Trustees in isolation. Our portfolio assessments provide people with a bouncing…
“Sophisticated investors are people who have a level of wealth and or expertise in the market that excuses the seller of a financial product from the regulatory duty of care. Sophisticated investors are deemed to be smart enough or big enough to look after themselves. Someone with savoir-faire”. Well, in many cases, that’s a laughing…
I received an email from a financial adviser once. The email went along the lines that “If you can show me that market timing has produced superior results compared to something as simplistic as buy and hold over a 10 plus year time frame I’ll be shocked and very impressed. Should you have such results…
IDEA OF THE DAY WESTPAC BANK (WBC) Henry: ABC News Breakfast, 26th November To hear more from Marcus Today, sign-up for a FREE 14-day no obligations trial HERE. Events are moving fast this morning. I was on air on the ABC as the news broke that Brian Hartzer had resigned. Hardly a surprise given…
IDEA OF THE DAY BANKS It has been a torrid few days for the banks with ANZ cutting its franking from 100% to 70% and WBC cutting its dividend from 94c to 80c and raising $2.0 billion in an institutional share placement at 2532c with a share purchase plan to come. WBC has dropped 6.6%…
Making America Great Again I’m not sure about the ‘again’ bit. It seems to me that America has never lost its supremacy. That’s not due to successive Presidents but to the amazing innovation and aggressive marketing of so many American companies. I’m sitting writing this edition of Retirement Today on my MacBook Pro laptop. It’s…
The Waiting Game Waiting is boring. It’s particularly boring for anyone who likes to be active, making things happen, making decisions, seeing the consequences. Waiting is a passive activity not suited to the sort of people who are likely to run their own SMSF or investment folio. Having been convinced that a significant market correction…
My nineteen-year-old daughter and I did our recreational boat operator’s course together. A day in a classroom and a day on the water. It was the first time I have been in the classroom in a while but I have to say, as a financial professional and a veteran of much financial education, there was…
