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Growing
Strategies and products to grow your money through wise investing
Comparison of business structures
When you decide to establish a business it is first essential that you choose to operate within the appropriate business structure. Should you choose a company, discretionary trust (family trust), unit trust or a combination?
The answer will have a significant impact on the tax you pay and the protection of your assets.
For an overview of the two [...]
The must read book for aspiring entrepreneurs
Over half the people I speak to professionally list “self-employment” as one of their life goals. If you too dream of going out on your own or starting a business then I strongly recommend that you read “The E-myth Revisited” by Michal E. Gerber before you quit your job. Preferably you need to read The E-myth before you succumb to what Gerber calls ‘the Entrepreneurial Seizure’. Read my full review of this essential book.
Average duration of Australian bull and bear markets
Zurich have published this graph showing the average duration of Australian bull and bear markets from 1970 to December 2009. The index used is the ASX200. Download the graph here.
Average Australian Bull Market
Average Bull Market Duration: 38 months
Average Annual Bull Market Return: 30.8%
Average Australian Bear Market
Average Bear Market Duration: 15 months
Average Annual Bear Market Loss: -31.1%
Interesting, but don’t put [...]
A guide to investment markets in 2010
Have you been watching the investment markets recover over the past year and wondering if you should be getting back in, or just in at all?
If so you may be interested in this perspective published by AXA Australia today called “Reading the Signs. A guide to investment markets in 2010.”
The guide is easy enough to [...]
Checklist to ensure your SMSF deed is up to date
This article is reproduced courtesy of the author LawCentral.
If you have a self managed superannuation fund (SMSF) it is essential that you as trustee regularly review the deed to ensure it is up to date. One benefit is that an up to date deed will give you access to the latest strategies as they become [...]
How To Save Up To Buy Your First Home
Owning your own home is one major goal for many young Australians. But with property prices so high a first mortgage may appear out of reach. In this interview on Wake Up WA, Certified Financial Planner professional Matt Hern shares three strategies that first home buyers (especially young people) can use to save up to [...]
Principles of Economics Translated
Confused by economics? Then you may enjoy this humorous video by Yoram Bauman, The Stand-Up Economist.
Solving The Financial Decisions On Your Mind
On Thursday I conducted a webinar in which I addressed the top three types of financial decisions that are on your mind, as submitted in the recent survey.
Almost all respondants said that they think about these things daily or a few times a week. That is a lot of time and energy consumed on money [...]
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 [...]
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 call [...]
How to Invest in Gold
I read in The Weekend Australian on Saturday that you can now walk into Harrods in London and walk out with some gold bullion. Besides walking down to your local jeweller (or Harrods) how do you actually invest in the commodity of gold? In this article I share three ways.
The Three Fatal Financial Behaviours
Have you ever thought you are not getting as far ahead financially as you think you should, but are not sure why? Then maybe one or more of these three behaviours may be the cause.
Rely on newspapers for property research at your peril
I don’t usually watch ABC TV’s Media Watch show but on Monday night I was pleased to have flicked over at just the right time. Newspapers love criticising financial planners in their usual sensationalised way. One Media Watch story uncovered a dirty little secret about newspapers and how they appear to be so influenced by [...]
Find the right property mentor
One of the messages I teach is to “Do What You Love; Outsource The Rest“. When it comes to direct investment in residential property it can be tricky to implement this due to the presence of too many biased spruikers. Neil Jenman refers to them as “selling machines” in his insightful article, which I recommend [...]
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