Why Advice

The Volatility Beast Returns

February 9, 2018

First published 9 February 2018 for Mancell Financial Group Well, there it is. The correction that we’ve been told has been coming every month since January 2017, finally arrived. Over? Probably not, but it was needed. Needed? Yes needed. Nothing in life comes for free. 2017 was an extremely rare year where the entrants enjoyed […]

First published 2 February 2018 for Mancell Financial Group The allure of the self-managed super fund is control and freedom. The freedom to choose the path to retirement riches. There’s also the freedom to make mistakes and according to a new report those mistakes have cost SMSF investors $103 billion over the past 10 years. […]

The 2017 Fake News Awards

January 26, 2018

First published 26 January 2018 for Mancell Financial Group 2017 was the year that truly highlighted the importance of ignoring the media when it comes to your finances. The reaction to Donald Trump being elected President prompted all manner of hysterical forecasts and pearl clutching by those opposing him. Something that also occurred when Barack […]

First published 5 January 2018 for Mancell Financial Group It could be argued to regularly follow the media is to pursue the extremes of public discourse. Especially, when it comes to politics. Watching the TV, it can be frightening to think of some of the crazed minds that turn up to various ‘pro this’ and […]

Courtenay House Ponzi

December 14, 2017

First published 14 December 2017 for Mancell Financial Group It’s the most notorious name in the financial and investment world. Ponzi. Charles Ponzi to be exact. It’s nearly 100 years since Charles Ponzi ran his ‘investment scheme’, essentially described as an operator giving the appearance of generating returns by paying out old investors with money […]

First published 1 December 2017 for Mancell Financial Group The year’s winding down, so in the financial world that can only mean one thing – forecasts for next year. Every mainstream media outlet will be putting them together over the next month because A. people like lists; and B. they’re easy to string together. The […]

Mental Hurdles on The Journey

November 24, 2017

First published 24 November 2017 for Mancell Financial Group Investing is a tough deal. Our noggins aren’t truly equipped to deal with all the variables, complexities and stimuli of the modern investment landscape. While it should be simple. Save. Stay liquid. Stay diversified. Stay disciplined. Australian saving rates are back to plumbing 10-year lows. For […]

First published 17 November 2017 for Mancell Financial Group “He can’t figure out why it’s taking so long to reach the amount he wants to retire on.” It was an offhand comment a client made about their friend. Said friend had a specific final superannuation balance in mind they wanted to reach. Upon hitting it, […]

The Illogical Investor

November 10, 2017

First published 10 November 2017 for Mancell Financial Group Over recent months and weeks, I managed to persuade, cajole and convince my wife to allow me to spend around $35,000.00 of our savings, to invest in XXXX Resources. My wife is very conservative and careful with money, and it is only because of this, that […]

Investing With The Dead

November 2, 2017

First published 2 November 2017 for Mancell Financial Group Did you ever hear the story about Fidelity’s audit of investment accounts their clients held between 2003 and 2013? The top performing accounts were held by dead people! While the second top performing accounts were held by people who’d forgotten they had an investment account! Unbelievable, […]