Month: October 2016

Evaluating a potential share for inclusion into a portfolio can certainly be accomplished innumer- able ways. From the highly advanced methods of a professional ‘quant’ fund manager, right down to using a dart as the main selection tool, every investor will have their preferred method. Most cer- tainly though careful analysis of each equity is required to create a portfolio that abides by our per- sonal tolerance for risk. That is, the fluctuations and gyrations of our investments should not cause us to suddenly hyperventilate, throw down 4 shots of Pepe Lopez in quick succession, and then pro- ceed to run through the streets screaming ‘sell everything’!

Having been in the advice business for such a long time, I have witnessed the ‘do it yourself’ concept move from a trickle to a veritable Warragamba Dam wall failure. As a consequence, the notion of “I can do better” has resulted in the tremendous growth of ‘Self Managed Super Funds’ (SMSF) with all manner of people deciding to chart their own course when it comes to retirement investments.

I have been watching the government bank inquiry on TV with great interest. For those of you who would rather watch paint drying – congratulations, a much wiser choice!