Did you know it is scientifically proven that it takes 66 days to create a new habit. Stating the obvious it’s not an overnight process. If you want to change a behaviour it’s important to know the time frame and…
Exchange Traded Funds, or ETF’s as they are commonly known, have quickly become one of the most popular investments on the Australian Stock Exchange (ASX). While their popularity soars, exactly what an ETF is remains a mystery to some. In…
What do you have to do to turn a $1 into $2,301,706 With the latest market statistics available, I thought I would cheat again and repeat an earlier blog from 2017. Say you invested $1 into the Australian Share Market…
The Reserve Bank of Australia (RBA) has again this week cut interest rates to a record low of 1%. The basis for the interest rate cut is to spur on consumer spending, bank lending and employment growth. The RBA is hoping…
The Reserve Bank of Australia Governor, Philip Lowe, has opened the door for a further interest rate cut before the end of the year. In addressing an economic development event in Adelaide this week, Governor Lowe cited ‘spare labour capacity’…
Life Changing Events A read through the swathes of motivation literature will reveal that a ‘Life Changing Event’ is often the catalyst for other change in our lives. Some of these events can be positive; the birth of a child,…
Imagine playing a game of footy where you weren’t allowed to know the score. Coming down to the last few minutes, you have no idea who is winning or how close the scores are. Do you play conservatively? Do you…
Recently I woke up in the middle of the night in fright. I am 57 this year and during the day I was thinking about when I might retire, what that may look like and consequently what might I need…
You may have heard of investment bonds in your travels. Many think of them as unfashionable in the financial world of shares, ETF’s, managed funds, negative gearing and superannuation strategies. There can, however, be a place for them in the…
“Show me the incentive and I will show you the outcome’’ – Charlie Munger, Vice Chairman, Berkshire Hathaway. Charlie Munger, aged 95, is best known for his role as Vice Chairman of Berkshire Hathaway. As Warren Buffets right hand man, they…
