Investing in Cryptocurrency?

During my time as an adviser, I must have seen just about every ‘investment fad’ known to mankind. There were Jojoba beans, Aloe Vera plantations, acres and acres of sustainable forestry schemes, and of course, a plethora of property spruikers, to name just a few.

This post was written prior to Acorns changing its name to Raiz. Nothing else has changed, just the name. I have replaced Raiz for Acorns within the post but if I missed a few, my apologies.

Identity theft

These days’ identity theft and financial scams seem to have become commonplace. Our online lifestyles have given determined criminals access to just about all of our information. And as much as we are promised watertight information security from service providers, there seems to be a continuous stream of news stories detailing stolen personal information resulting in identity theft.

Bear market – no thanks

With share markets across the globe currently breaking records, it doesn’t surprise me that some investors are starting to yearn for a good old ‘correction’, so they can enter the market. Pullbacks, re-tracements or corrections, whichever you like to call them, a “good old fall” is a normal event for all markets. Take a look at some charts, a ‘healthy’ share market usually display’s a classic upward trending saw-tooth pattern.

Interest rate rise – it had to happen

Well, well, well, it seems the ‘low-interest rate party’ we’ve been enjoying for the past 10 years is now calling for ‘last drinks’ A recent Bank of England interest rate rise, their first in a decade, probably heralds the beginning of the end, for the greatest period borrowers have had in history. (Cash investors, not so much)