June 2009
You are browsing the archive for June 2009.
I’ll huff and I’ll puff and I’ll…
…blow your house down. For years I’ve been earbashed by people enamoured with investing in residential property. Apparently it’s THE best investment and “you can never lose money in property”. Out of curiosity I enquire of these people what makes them hold that belief. Sadly most can only regurgitate the words of others and have [...]
Thwack! Zero income. How long will you last?
The economic down turn and publicised retrenchments may have caused your mind to wonder “how will I cope if I lose my job?” Whether or not you are facing the potential of losing your job I recommend you seriously ask yourself “how long could I last on zero income?”
The credit crisis explained visually
For those still a little bit baffled by how the credit crisis started and then snowballed I recommend you spend 11 minutes watching this video. The concepts are very simply explained including: leverage, collaterised debt obligation and sub-prime. The knowledge will help you become a better investor in the future so that you can better understand [...]
What a CFP represents
Certified Financial Planner, or CFP is the top level certification for financial planners. It takes quite a bit of knowledge, skill and experience to be awarded this certification. When seeking financial planning advice, especially for the first time I recommend that you start by speaeking with CFPs. You can find them on the Financial Planning [...]
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