The discipline project lost some of its discipline over the past few months – only from a posting perspective though! As noted back in the Month 9 update, I added emerging markets to the portfolio after a sharp sell off. I also noted I was looking at including a value allocation, which also happened in […]
First published 17 June 2021 for Mancell Financial Group “Good and getting better!” Those are the first words he says every time he visits our office. The question he’s asked that prompts such positivity? “How have you been?” He’s a long-term client, now into his mid 50’s whose optimism never fails to impress us. You […]
First published 27 May 2021 for Mancell Financial Group I said, “So, Walter, errr, script’s pretty good, huh?” And he said, “The script sucks, kid. I owe my bookie $2 million.” And that was Kevin Pollack’s introduction to Walter Matthau on the set of Grumpy Old Men. It was said Matthau lost $50 million gambling […]
First published 21 May 2021 for Mancell Financial Group From pooches to second-hand cars, to homes in regional areas, to ground beef in the supermarket. Everyone has a story about how their money is buying less. Eight years ago, you could get this good girl delivered to your front for $1300. Today, or more precisely […]
First published 6 May 2021 for Mancell Financial Group “Can you tell me which stocks to buy?” Jumping in the deep end before you can swim investment questions aren’t a new thing. People have always contacted us to ask questions that only prompt more questions. Ones they haven’t considered. It’s only natural that if your […]
First published 29 April 2021 for Mancell Financial Group It was a Wednesday morning, and the coffee and biscuits were all laid out. The room was filled with about twenty over fifties. It was a retirement information session put on by a local council for their employees. After accepting the invitation a few weeks earlier, […]
Eight months down, all contributions made, but not as intended… As mentioned last month, I was looking at including the FTSE Emerging Markets Index into the portfolio. Quite fortuitously, I didn’t. As I’d previously been bemoaning that my unintentional “accept the market price”, buy when you have the money strategy, seemed to top tick every […]
First published 25 March 2021 for Mancell Financial Group “el hombre perezoso hace el doble de trabajo.” You might say this Spanish proverb is about the discouragement of a certain behaviour. In almost every facet of life we are encouraged to give our best and work our hardest. It’s something we see taught in school. […]
First published 18 March 2021 for Mancell Financial Group You’re out walking with your dog near a railway track. Behind you there’s a rumbling noise. Thundering down the track is a trolley, looking up ahead you can see the trolley is headed for a bridge with five workers on it. They will either be run […]
Eight months down, all contributions made as intended. As noted a few months back, the time you have the opportunity to buy plays a large determinant in your returns month to month. In the first ten days of February, global small companies moved up 6.7%. Guess when I had the opportunity to make my buy […]
