Why Advice

Greenlights & Redlights

February 11, 2021

First published 11 February 2020 for Mancell Financial Group A great relationship, a newborn son, and a successful career as an actor. In 2008, Matthew McConaughey was feeling pretty good about his life in California. Then an unexpected family health emergency took him back to his home state of Texas. Of all places, McConaughey and […]

Seven months down, all contributions made as intended. However, month seven brought another round of quarterly distributions. This prompted the question of what to do with those distributions. They would be reinvested, but how? I don’t believe I’ve touched on what to do about rebalancing. The lowest impact option in this case I think is […]

First published 27 January 2021 for Mancell Financial Group Social media has been blamed for being the cause of many ills over the past decade. The ability to analyse our behaviour and micro target us with advertising may become the biggest ill of all. Being able to blatantly tell lies and distort the truth to […]

Six months down, all contributions made as intended. Didn’t fall into the same trap as last month. Tried to put the money into the account and just place the trade. That happened. Again, it’s a situation where the inexperienced could find themselves lured by the seduction of market timing. Below shows where I bought the […]

2020 End of Year Wrap

December 17, 2020

First published 17 December 2020 for Mancell Financial Group What did we learn in 2020? Our views were mostly reinforced. Have a portfolio built for your circumstances and if you have a plan, stick with it! The following chart of the Australian sharemarket speaks for itself. Large and unexpected falls are never welcome, but riding […]

Five months in and contributions have not been altered. This is a positive, as it should be noted I also still have a bunch of stocks in a broking account. These have been performing very strongly. I don’t place this down to any skill, equity markets are hot and that’s the result. There’s always that […]

First published 3 December 2020 for Mancell Financial Group Tough to earn a buck for nothing these days. While that’s always been the case for our labour, there was always the illusion of some free cream from our money in the bank. Illusions, being illusions, this wasn’t strictly true. There was always tax and inflation […]

The Value Dilemma

November 26, 2020

First published 26 November 2020 for Mancell Financial Group Every investor will face a conundrum at some point: what to do when their beliefs don’t work. Sometimes it’s an assumption that becomes lore. A favoured company paid a dividend for 20 straight years. Of course, it’s not going to ever stop paying a dividend… then […]

First published 19 November 2020 for Mancell Financial Group Ageing brings the curse of vulnerability. Cognition inevitably declines, reflexes inevitably decline, eyesight and hearing inevitably decline, while muscle mass is on slow glide downward as we lose 3-5% each decade from our 30’s. That means strength and balance inevitably declines. There are some preventative measures […]

Gifting That Might Be Taking

November 12, 2020

First published 12 November 2020 for Mancell Financial Group The country and the world have been financially disrupted this year. There’s a section of haves who have done exceptionally well considering the economic calamity. There are a section of have nots who have done exceptionally poorly. This is nothing new. As economies shift, winners and […]