Planning to Give?

giving back

“As you get older you will discover you have two hands, one for helping yourself, and one for helping others.”                                                                                    … Read More

Dealing with a Liquidity Event

A liquidity event can be a once in a lifetime occurrence and may present specific issues an individual has never dealt with before. Liquidity events fall into three broad categories: sale of a business or major asset; inheritance; and divorce settlement. Business sale Many business owners are savvy with money and know what to do when the proceeds of their … Read More

Why Financial Advice in Australia is Broken

The revelations coming out of the Royal Commission into banking, superannuation and financial services recently have been remarkable. For AMP to admit to deceiving the regulator 20 times over one issue is an extraordinary admission and one AMP had clearly hoped would never see the light of day. When AMP executive Anthony Regan said the words “we preferenced shareholders not clients” the Australian public could see … Read More

Money Habits: Why Are The Rich So Rich?

It’s easy to think that people with money got lucky, inherited it or just got famous somehow. But the truth might be different. Sure, some people do get lucky but the vast majority of people with money got there the old-fashioned way.  Take the chairman of Harvey Norman, Gerry Harvey. He’s worth $3 billion but he says he stopped counting … Read More

A Positive Cash Flow Story

Australian Cash

Each month we either have month left at the end of the money, or money left at the end of the month! This story lies behind my passion for helping people get their household spending in order. Before going into business in 1999 my family spent several years paying down personal debt to get into the position to be able … Read More

Defining Wealth Management

“Fortunate are those who take the first steps.”  Paul Coelho   The term wealth management means different things to different people. If you asked 10 individuals to define wealth management you would likely get 10 different answers. Indeed, ask 10 financial advisers and the answers would probably be just as diverse. Most of the answers will be around the management of money and investing.  While this … Read More

Going Green, Going Social

Building a sustainable investment portfolio. Growing interest in the impact of fossil fuels on the global climate often sparks questions from people about how they can integrate their values around sustainability with their investment goals.   The idea of ‘responsible investing’ seems to be catching on in Australia, with a global sustainable investment group that covers Australia, New Zealand and other developed nations, reporting that assets … Read More

Buffett Wins 10-Year Hedge Fund Bet

In December 2007 the Oracle of Omaha, Warren Buffett, made a $1 million bet that an S&P 500 index fund would beat 10 hedge funds, net of fees, over 10 years. At the time there wasn’t an immediate rush of hedge fund managers taking up the offer until Ted Seides of Protégé Partners stepped forward to take the bait.  A confident Mr Seides was … Read More

Part 5 & 6 | Six Steps to Investing Success

I recently shared Part 3 & 4 of Six Steps to Investing Success with you via Smartinvestor.TV Six Steps to Investing Success is a 6-part series looking at the key factors that will help you become a better investor and enjoy greater success with less stress – leaving you to focus on the more important things in your life. Here … Read More

1987 Stock Market Crash – 30 Years On

Stock Market Crash

From time to time, share markets deliver a shock that few investors expect or know how to cope with. Most recently it was the global financial crisis, before that the tech wreck in 2000, and 30 years ago the ’87 stock market crash. What made 1987 so memorable for me was that it was the year I started work in … Read More

Part 3 & 4 | Six Steps to Investing Success

six steps four

I recently shared Part 1 & 2 of Six Steps to Investing Success with you via Smartinvestor.TV Six Steps to Investing Success is a 6-part series looking at the key factors that will help you become a better investor and enjoy greater success with less stress – leaving you to focus on the more important things in your life. Here … Read More

Part 1 & 2 | Six Steps to Investing Success

six steps

I am delighted to share Six Steps to Investing Success with you via Smartinvestor.TV Six Steps to Investing Success is a 6-part series looking at the key factors that will help you become a better investor and enjoy greater success with less stress – leaving you to focus on the more important things in your life. I have included the … Read More

Got a Cloudy Crystal Ball? 2016 in Review.

‘Investors are bracing for another year of event-driven volatility on the Australian share market, against a backdrop of subdued growth and earnings.’ That was the warning of a local newspaper as the 2016/17 financial year began. So how did that turn out?1 Looking at the calendar a year ago, one perhaps could forgive forecasters for warning investors of a rough … Read More

Evidence Based Investing Empowers Shareholders

“Poor governance and even the mere appearance of impropriety can impact the market’s view of risk”   In almost every area of our lives the power of the consumer rests in their smartphone.  We have immediate access to information in the palms of our hand, and we can express our satisfaction (or otherwise) by providing immediate feedback to a service provider. … Read More

Avoiding Bad Investment Products

“Life is too short to invest your hard earned money in awful investment products” The message for this blog is simple – Life is too short to invest your hard earned money in awful investment products. To have a successful financial plan there’s four things  all investors should look at: Purpose, Strategy, Investing and Legacy.  While all four components are important the … Read More

What makes us Happy? Lessons from the Longest Study on Happiness.

What keeps us happy and healthy as we go through life? If you think it’s fame and money, you’re not alone – but, according to psychiatrist Robert Waldinger, you’re mistaken. As the director of a 75-year-old study on adult development, Waldinger has unprecedented access to data on true happiness and satisfaction. In this talk, he shares three important lessons learned … Read More

Easy Money

savings

In all the years I have been advising clients the biggest indicator of financial success has been a family’s ability to live within their means. Sometimes people make a fortune on a particular stock or the sale of their business, but most wealth is accumulated methodically. In my experience, lack of planning and overspending are the most common causes of … Read More