Right now is an ugly time. People are out of jobs. Whole societies are cooped up in houses. Minds are wandering. Where does this end? For some, the descent into conspiracy is proving easy. The behaviour of some leaders, government agencies and international organisations hasn’t helped. No wonder people are confused. In fraught times liquidity […]
Could there be a worse time to start a website advocating the benefits of financial advice? Financial markets down 30%. Volatility at record highs. Seems a weird time when people are panicking. Talking about the next depression. Running to cash. Watching their previously indestructible investment strategies blow up. For some it’s a challenge, but it’s […]
First published 1 April 2020 for Mancell Financial Group Risk-free is a single, predictable outcome. Risk is the opposite, all the things that might happen and the odds that they will. So begins chapter four of Alison Schrager’s book ‘An Economist Walks into a Brothel’. In the book Schrager finds herself in all manner of […]
First published 26 March 2020 for Mancell Financial Group You might remember it. Though it seems so long ago right now. There was a big kerfuffle. It was about franking credit cash refunds. In short, former Labor leader Bill Shorten was going to do away with them. In response, Australia’s self-funded retirees made it their […]
First published 18 March 2020 for Mancell Financial Group We’re deep in a global pandemic. The positive? Governments are responding. Unprecedented times call for unprecedented measures. Interest rates to near zero. Governments putting money into bank accounts. Financial support for business. Government quickly realised the time for half measures was over. President Trump especially. He’s […]
First published 9 March 2020 for Mancell Financial Group When the market falls 7% in a day… There’s no sugar coating it. It’s very painful. What now? We’ve been through this many times before. Our experience tells us to do nothing. With every previous market fall there has been a recovery. Every financial adviser has […]
First published 6 March 2020 for Mancell Financial Group On the same day rampaging hordes were cutting through the country’s supermarkets, filling their shopping trollies with hundreds of rolls of toilet paper, someone in our office made a call to a well-known superfund. On this end it was an everyday enquiry on behalf of a […]
First published 27 February 2020 for Mancell Financial Group The Corona Virus. For weeks there was calm. Then suddenly there was panic. Admittedly, it was surprising. Markets have been moving upwards without a hitch for a while and initially they shrugged the Coronavirus off. Australian investors, getting little joy from cash, may have been pushing […]
First published 20 February 2020 for Mancell Financial Group Why do we do the things we do? If only there were simple answers! When it comes to investing, sometimes we have the simple answers. A new study in the Journal of Consumer Behaviour has dug into some of the mindsets and behaviours of investors who […]
First published 13 February 2020 for Mancell Financial Group It’s no secret interest rates are low. Have ten grand in the bank? If you’re lucky with a ‘high interest’ account, at the end of the year you’ll have made $200. That’s before the tax man and inflation come calling. For those with a small amount […]
