Category: Uncategorized (Page 7 of 10)

“When’s the next share market crash” is a common inquiry in the financial advice industry from just about every client with even a passing interest in the stock exchange. Unfortunately, it is a question no one can really give a definitive answer too. Wouldn’t you love to be able to accurately predict share prices?

Investing is a subject as far removed from Bear Grylls’s survival escapades that you could possibly get – Oh no it isn’t.

How to invest money is probably the most asked question in the investment world. But I reckon a lot of investing is done mostly in a pretty ad-hoc manner. For example, how many of us have seen an advertisement or article for an upcoming IPO. And it just so happens that not only do we know the company but we also use their products.

The first visit to a financial planner is a pretty daunting experience for lots of people. No doubt the current climate of distrust towards the advice industry doesn’t help put people’s minds at rest either.

For an investor, to say the world has merely changed over the last 40 years is somewhat akin to suggesting to Napoleon “It can get a bit cold,” prior to him invading Russia” – grossly understated, and failing to fully grasp the ramifications.

Over the years one of the most common financial questions I have been asked has always been ‘do you have any investment tips?’ My normal reply is always a resounding ‘not really’. Most people asking this question just wanted a guaranteed money-making scheme that will give them some immediate results. Now, for the record, quick fix investment ‘tips’ are totally useless, a waste of time and money, and are usually based on here say, if anything at all!

It is often said that you can’t avoid death or taxes, and believe you me; never a truer word has been spoken. Under current Australian superannu- ation law, accumulated benefits left to a financial dependent are usually treated as being tax-free.

Wow, talk about people who can really make money, just eight men hold the same amount of wealth as the poorest half of humanity, according to new data compiled by Oxfam.

Over the years, I have heard many investment rules, rules of thumb, old wives tales and fund man- ager advertising slogans morphing into investment commandments. I thought I would add some of my own to the mix. A little bit tongue in cheek, but they can certainly be some food for thought.