In 1954, Yale University conducted a study on goal setting as a determinant of future performance. Members of the Yale graduating class were asked if they had identified their goals for future financial worth. Three percent of the students had written goals clearly identifying a dollar value, 11 percent had formulated goals in mind, while[…]
We live in a dry part of the Country where suffering gardens sometimes wait for months for a good soaking rain. Even through extended drought periods, is there ever really doubt that the rains would come again? Isn’t it always just a matter of yes it will rain again, but I don’t know when? Do[…]
An up to date Will is an important document for everyone to consider. Having an up to date Will ensures peace of mind for you, and makes life much easier (and less costly) for those left behind. Not having an up to date Will often means your wishes are not carried out and those left[…]
Perhaps unlike our Grandparents generation, it is quite normal for couples nowadays to both have careers or jobs to think of. This can make life hectic, especially if they are busy trying to raise a family as well. If you have a two-income lifestyle now, are you planning on a two-income lifestyle in retirement? If[…]
Understanding the powerful forces created by momentum may help you make buying and selling decisions. In the long term, investment markets are usually driven by sound economic fundamentals such as yields and valuations. However, in the short term, markets swing erratically between being undervalued and overvalued because of human emotions and sentiment. Some call these[…]
Over the last 2 editions we have looked at my top Good, and Bad financial strategies I have seen over the last 3 decades. This week, we finish with what I consider to be The Ugly; Pay-day Lenders. You’ve seen the ads. Need money fast, just nimble it. There has been a massive increase in[…]
Previously we looked at the top 5 worst investments and strategies I have seen over the last 3 decades. This week we follow on with a quick look at the top 5 best; Live within your means. Save first, spend last and automatically invest the surplus into income producing growth assets. Quickly eliminate consumer debt[…]
Best Wishes for the Festive Season, and we hope you spend some quality time with family and friends over Christmas and New Year. 2018 is upon us, and whilst financial predictions are useless it would be safe to assume investment markets will continue to be volatile and that market commentators and the media will continue[…]
Our Financial Planning Firm will shortly celebrate 33 years advising clients about what to do and importantly, what not to do with their hard earned money. A Client recently asked me for the top 5 best and worst investments and strategies I have seen with over the last 3 decades. The following is a quick[…]
A bull market refers to when share prices are rising or are expected to rise. There is confidence in the market, investors are optimistic, new companies are listing their shares, and there are no catastrophes expected that will affect shares continuing to rise into the near future. Since the Global Financial Crisis, Australia and much[…]