November 2009
You are browsing the archive for November 2009.
Death Throes of the Monster Chimerica
“Chimerica” describes the combination of the Chinese and America economies, which when the term was coined had become the driver of the global economy. In an article in The Weekend Australian over the weekend (21-22 November 2009) authors Niall Ferguson and Moritz Schularick discuss how the past structure of this relationship needs to die a [...]
If your only tool is a hammer
You may be familiar with the adage that to a person with a hammer every problem looks like a nail. This is very applicable in the world of financial advice and many clients are not aware of it. Unfortunately, when you don’t know any different you are often also oblivious to the consequences, which include: [...]
Try to make your passion a business
Today, KPMG partner Bernard Salt is a well known commentator in the media as a perceived expert on demographics, especially in relation to its impact on property. In his article in The Australian today Bernard Salt shares some of his lessons from his media journey, which started twenty years ago at the age of 32. [...]
To Fix Interest Rates or Not?
With two interest rate rises already under our belts more people are asking me if they should be fixing their rates. Read on to discover the pros and cons and if fixing your interest rates may be right for you.
An example of how DIY is costly
Do-it-yourself financial planning can be costly because often you don’t know what you need to know. With a litte more knowledge you would make a more informed financial decision that can both save and make you money. This was clearly illustrated in my conversation just now with one of the other tenants in my office building. Let’s [...]
Latest Research: You Save More by Paying For Financial Advice
Want to save more money? Then pay for financial advice. That is the one of the findings revealed in this latest research by KPMG/IFSA. Clients of financial planners on average save over $2,400 per year more.
Product Aligned Advice is (Mostly) Irrelevant
SMH article: “Finance advisers mostly a sales force, report says” is wrong and potentially more misleading to you than product-aligned advice.
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