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Budget

Let’s talk numbers

I get it, numbers – not everyone’s cup of tea, especially when there are too many of them being thrown about. But sometimes numbers help – numbers are facts, they are not open to misinterpretation – the context in which they are used of course can be (misinterpreted) but not the numbers themselves. As Pythagoras, the great mathematician said – “Number is the within of all things!”

AUD-Stretch

Banks should exit the Financial Planning business

What an extraordinary week at the Banking Royal Commission. AMP’s reputation has been shredded when the head of advice Jack Regan admitted that the financial services giant blatantly lied to ASIC 20 times and that they continued to charge advice fees for orphaned clients. Then it was CBA’s turn when the commissioner accused them of being the “Gold Medalist” of taking fees for no service. I could go on, however, I am sure most of you are following the story. No wonder the general public have reduced faith in the financial planning industry.

Rainy Day Investing

Rainy Day Investing

Australia, earth’s driest continent, experienced national rainfall in 2017 that was 8% above the historical average. The year was the 30th wettest on record, according to the Bureau of Meteorology.1 But the story is more complicated than that.

Tea Leaves

Reading the Tea Leaves

Investors at year-end are inclined to reflect on the 12 months gone and muse on what the coming year might bring. Aware of this appetite for speculation, the media tends to feed it with forecasts. These articles can be fun to read, but are even more so a year later.

Painting coal gold

Chasing Alpha: Fools Gold!

As an investor you are constantly inundated with information: Where is the market heading, top 5 buys, top 5 sells etc. This clamour will increase in pitch as we approach the end of the year with predictions for which way the market is headed next year, it will roll in to it elections, status of large projects, weather predictions etc. and yet somehow there will still be several unanticipated events – some government falling, attack or sanction by the UN / USA and everything will be abuzz and different to the predictions anyway. This will all be exciting and exhilarating stuff, calling out to all investors to keep watching the latest updates. We have been saying for many years, it makes sense for the media to turn finance and investing into entertainment, to get more eyeballs and therefore advertising big bucks for them. Clearly, it is a self-serving purpose and they are not really doing you any favour.

Keyboard-Access-768x512

FAANG Investing

The financial media is drawn to catchphrases –acronyms and buzzwords that can be sold as the new thing. ‘FAANG’ (Facebook, Apple, Amazon, Netflix and Google) is the latest of these. But does this constitute an investment strategy?

Phishing

Fraud & Scams

Technology, it makes our lives simpler with ever-advancing, smarter access to our bank accounts and social media. Our lives are online, and the fraudsters know it. They are keeping up with technology and it’s up to organisations and ourselves to keep one step ahead of them to avoid falling victim.