First published 4 March 2021 for Mancell Financial Group In the aftermath of the 2008 financial crisis a shift occurred in how some older people lived their lives across the USA. For the most part it wasn’t a choice. It was forced. As home prices fell while jobs and savings evaporated, holding onto a house […]
First published 27 February 2021 for Mancell Financial Group Feet. They have been washing up on the coast of the Pacific Northwest of North America intermittently since 2007. The foot, due to the weakness of the ankle, is the body part most likely to detach during decomposition. When said foot is inside a running shoe, […]
First published 18 February 2021 for Mancell Financial Group It was a party at the house of a hedge fund manager in the wealthy New York enclave of Shelter Island. In attendance were the famed writers, Kurt Vonnegut and Joseph Heller. Long-time friends, Vonnegut turned to Heller and informed him that their billionaire host had […]
First published 11 February 2021 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 […]
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 […]
