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 […]
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 […]
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 […]
Four months in and still going strong, it’s more like a saving money project at the moment. Progress after contributions. Portfolio End July: -0.44% Portfolio End August: 1.03% Portfolio End September: 0.46% Portfolio End October: -0.14% These are time weighted and not money weighted. I’ll look at better ways to analyse returns later in the […]
First published 29 October 2020 for Mancell Financial Group It is a week out from the US Presidential election. We’ve deliberately avoided the election until the very last moment. Why? Its lack of importance. We hear ‘this is the most important election of our lifetime’ almost every election. On some issues, maybe it is. When […]
First published 22 October 2020 for Mancell Financial Group In 1998 the Tour de France was in dire straits. A car belonging to the Festina team was stopped on the French-Belgium border. The boot was full of performance enhancing drugs. What followed were police raids and arrests. It culminated with the Festina team being booted […]
