Why Advice

Playing The Probabilities

November 20, 2015

First published 20 November 2015 for Mancell Financial Group When it comes to the share market the media has a notoriously short term focus. And because few investors compile their own stats on share market returns, the media ultimately becomes our share market news filter. Each day they tell us what the market has done […]

First published 30 October 2015 for Mancell Financial Group You can save for a lot of things, but saving your way to prosperous retirement is near impossible. Historically (and this isn’t expected to change any time soon) unless you’re enjoying a truly significant wage and saving a massive amount of it, the conspiring elements of […]

Sunk Costs & Unlikely Returns

September 24, 2015

First published 24 September 2015 for Mancell Financial Group Have you ever made yourself suffer through a bad movie because after paying for the ticket or rental you just had to get your money’s worth? Some people invest the same way. Behavioural economists have a name for the tendency of people and organisations to stick […]

First published 18 September 2015 for Mancell Financial Group The world’s biggest interest rate decision in a long time, the US interest rate decision for September, came and went and without much action. If you’re wondering why it was the biggest interest rate decision, it’s because the world’s largest economy (or second largest, depending on who […]

First published 14 August 2015 for Mancell Financial Group With much of Australia shivering through its coldest winter in decades, a freeze is also being felt by thousands of everyday investors whose funds have been locked up in a troubled mortgage fund. Angas Securities has frozen redemptions from its $200million mortgage debenture fund until at […]

First published 2 July 2015 for Mancell Financial Group Greece and its debt obligations (and default) are back on the agenda in a big way and that means a whole host of experts are filling media air time and column space with what they think will happen next. They don’t know, but they’ll happily tell […]

First published 26 June 2015 for Mancell Financial Group In one corner there are the private economists who might be pushing the subject of their books. In the other corner there are the industry and bank economists who might be protecting their employers’ interests. What are we talking about? The great Australian real estate bubble […]

First published 6 November 2015 for Mancell Financial Group Just some news to keep you all on your toes. Insurance Premiums on the Rise A client, who maintains an additional industry superannuation account, recently received a rude shock upon noticing a significant increase in insurance premiums being deducted from their industry account. Checking with their […]

First published 7 May 2015 for Mancell Financial Group You may have noticed oil has been a consistent theme this year. Not because we’re predicting where it may go, or even have any interest in the price (beyond how it impacts us at the pump), but because the price fall lured plenty of financial forecasters […]

First published 9 April 2015 for Mancell Financial Group With low interest rates continuing to heat up some property markets around Australia there seems to be an ever increasing number of real estate spruikers or “property specialists” (as they’re calling themselves) coming out of the woodwork to push their wares. Just this week we received […]