First published 26 August 2020 for Mancell Financial Group If you’re interested in financial matters, some of the most interesting and entertaining content on the internet can be found at Dave Ramsey’s YouTube channel. From the US, Dave is a southern gentleman who once went bankrupt. From there, he turned his life around and cleaned […]
First published 20 August 2020 for Mancell Financial Group A few times a year market indices rebalance. ASX 200, 300, S&P 500, FTSE 100 etc. Happens all over the world. Companies enter and exit various indices. It’s a time when companies who might have had a roaring time of late get to move up in […]
First published 12 August 2020 for Mancell Financial Group One of the staples of investment media and stock picking newsletters are the ‘if you had invested…’ stories. The writer will pick a well-known stock, go back to a point in time (usually the IPO) and inform us how many millions we’d have today, if only […]
First published 30 July 2020 for Mancell Financial Group ne of the most well-known psychological studies ever done is the Stanford Marshmallow Experiment from the 1970’s. You’ve likely heard of it, know a variation of it, or have watched an interpretation of it somewhere in the media. Testing out the will power of small children […]
The market’s going to crash. I’m waiting for the next crash. Crash. Crash. Crash. Crash. For advisers engaging with new clients right now, it may mean listening to suppositions about the market taking another dive. It’s been reported to me several times. Some advisers had clients waiting for ‘the next big one’ for years after […]
First published 23 July 2020 for Mancell Financial Group Fees. Charges. Costs. How much should someone charge for a service? Whatever the terminology used, the psychology around charging for a service is fascinating. Some service providers can charge without question. High costs from engaging certain service providers have become customary. A small service can take […]
First published 8 July 2020 for Mancell Financial Group When people contact us about property investing it’s usually for one of two reasons. “Can you help me get into property investing?” “Can you help me get out of property investing?” On the first question the answer is always no. The high transaction costs. The lack […]
Working in the financial advice space, I hear plenty of feedback from advisers on what clients and prospective clients are thinking. We have an investment philosophy, we do our best to educate clients about it, and to keep them on track. It doesn’t always work. And it shouldn’t be a surprise. Consider the time a […]
First published 2 July 2020 for Mancell Financial Group Last week we took a look at how someone might mistake their knowledge, expertise or success in one area for giving them some insight into investing or investment markets. While someone can be brilliant or knowledgeable in their field, it’s not exactly translatable. No one should […]
First published 25 June 2020 for Mancell Financial Group You may have heard of the one about the broken clock. Look up at the wall. If the hands aren’t moving on your favourite clock it’s not going to give you the correct time. Yet as the hands don’t move, the time does. Every twelve hours […]
