Four months in and still going strong, it’s more like a saving money project at the moment. Progress after contributions. Portfolio End July: -0.44% Portfolio End August: 1.03% Portfolio End September: 0.46% Portfolio End October: -0.14% These are time weighted and not money weighted. I’ll look at better ways to analyse returns later in the […]
First published 29 October 2020 for Mancell Financial Group It is a week out from the US Presidential election. We’ve deliberately avoided the election until the very last moment. Why? Its lack of importance. We hear ‘this is the most important election of our lifetime’ almost every election. On some issues, maybe it is. When […]
First published 22 October 2020 for Mancell Financial Group In 1998 the Tour de France was in dire straits. A car belonging to the Festina team was stopped on the French-Belgium border. The boot was full of performance enhancing drugs. What followed were police raids and arrests. It culminated with the Festina team being booted […]
The Australian Financial Review covered the Evans Dixon, Dixon Advisory, E&P saga this morning, or whatever they want to call themselves now to hide their past. For those unfortunates who were involved, it’s a sad tale. Hindsight will have them questioning how they found themselves in the mess. They will be mourning both money and […]
Excuse the clichéd stock image for the topic at hand. An interesting article appeared at RIA Intel discussing “smart, young, high-earners who can be more exacting in their wishes.” Take, for example, Elizabeth (who wished to remain anonymous), a 36-year-old single physician in New York City who has considered hiring an advisor but so far […]
Three months in and it hasn’t been hard to maintain discipline. I’ll talk about that later. Progress after contributions. Portfolio End July: -0.44% Portfolio End August: 1.03% Portfolio End September: 0.46% Lost a little bit in September, though it’s pretty much a who cares issue. Mentally this process is being treated as a savings account. […]
If you ever wanted an illustration of the disconnect between the media and real financial advice, it was delivered wrapped with a bow this week. Robert Gottliebsen has spent more years writing about business and finance than I’ve been alive. On my desk sits a BRW someone left there. They thought I’d be interested. I […]
First published 9 September 2020 for Mancell Financial Group ESG investing. You’ve probably heard the term, but what does it actually mean? ESG stands for Environmental, Social and Governance, it may also be termed sustainable investing. You may say it is an investment decision based on your beliefs. It is a wide term as it […]
First published 2 September 2020 for Mancell Financial Group Ever stopped to wonder why you’re using a particular new word or phrase? Or maybe you’re sitting in the back of some strange person’s Hyundai, they’re driving you to some strange person’s house where you’re staying the night in their guest bedroom. How did that happen? […]
Brief update on month 1 and 2. All contributions made, which is the whole point. I’m unsure of the best way to actually frame this, as I don’t want to use the exact financials. I’ll do a cumulative percentage gain on the whole portfolio at the end of each month. Later when there’s more data […]
