February 20, 2017

So you think your financial planner is an investment expert?

If you’re thinking “I hope so, that’s what I’m paying them for” I’ve got some bad news for you.  It’s highly likely your financial planner/adviser is not qualified to manage investment of your money. For starters let’s clarify what I’m talking about.  I’m talking about the day-to-day management of your investment portfolio (e.g. whether you sell BHP shares to fund the purchase of NAB shares […]
March 20, 2017

You paid HOW MUCH???!!!

It was suggested to me recently that I should write a book about what I know to help those looking for financial planning help. But what could I write about that hasn’t been done to death before.  There are plenty of books out there talking about wealth accumulation strategies, super, investment fundamentals and strategies, risk management (insurance) and estate planning, etc. and to be honest […]
April 15, 2017

“It ain’t what you don’t know that gets you into trouble…..”

 “It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so. “ – Mark Twain I love Mark Twain quotes.  He cuts through seemingly complex and confusing matters with such precision and gets to the heart of the issue.  The above quote is another great example. Mark Twain’s quote is alluding to a tendency to believe […]
September 4, 2017

“Simplicity is the ultimate sophistication.” – Leonardo da Vinci

In prior posts, we have highlighted the value in pursuing simple solutions, over complex or simplistic solutions.  It has also been highlighted that our desire as humans to feel special can lead us to the misconception we must seek out “special” solutions, which not surprisingly come at a significant price and in reality aren’t special at all. I would like to pick up on da […]
October 10, 2017

This Ain’t No Joke

“A man walks into…”   Like the cartoon above, a lot of jokes start with this line, but what I’m about to tell you is no joke.  Unfortunately, it is very real and happening every day. Does this sound ridiculous? A man (or woman) walks into…. their local Toyota dealer.  They are after a cost effective, reliable, value for money solution to their transport needs. Now […]
November 10, 2017

Behave Your Way to Success

A recent post on LiveWire (link below) identifying 11 habits to avoid for better investment performance is worth a quick look, not just for how it could help you as an investor, but for how a better understanding of the habits it refers to can help you in everyday life. The post identifies 11 natural human behaviours that are often counterproductive when applied to decisions […]
January 3, 2018

Still the 8th Wonder of the World

“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” ― Albert Einstein Einstein isn’t the only smart person that understands the power of compound interest.  Regarded by many as the greatest investor of all time, certainly the best known, Warren Buffett has built one of the world’s greatest ever financial fortunes largely off […]
February 6, 2019

Financial One-Stop-Shops

Every now and then I do a Google search on independent financial advice or a variation to see what comes up.  Yes, I’m checking to see if Think Independent does, but let’s move on.  Too often there are advice practices that are far from independent.  That’s a problem but not what this post is about. A recent search brought up a practice that upon further digging is what you […]
February 20, 2017

So you think your financial planner is an investment expert?

If you’re thinking “I hope so, that’s what I’m paying them for” I’ve got some bad news for you.  It’s highly likely your financial planner/adviser is not qualified to manage investment of your money. For starters let’s clarify what I’m talking about.  I’m talking about the day-to-day management of your investment portfolio (e.g. whether you sell BHP shares to fund the purchase of NAB shares […]
March 20, 2017

You paid HOW MUCH???!!!

It was suggested to me recently that I should write a book about what I know to help those looking for financial planning help. But what could I write about that hasn’t been done to death before.  There are plenty of books out there talking about wealth accumulation strategies, super, investment fundamentals and strategies, risk management (insurance) and estate planning, etc. and to be honest […]
April 15, 2017

“It ain’t what you don’t know that gets you into trouble…..”

 “It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so. “ – Mark Twain I love Mark Twain quotes.  He cuts through seemingly complex and confusing matters with such precision and gets to the heart of the issue.  The above quote is another great example. Mark Twain’s quote is alluding to a tendency to believe […]
September 4, 2017

“Simplicity is the ultimate sophistication.” – Leonardo da Vinci

In prior posts, we have highlighted the value in pursuing simple solutions, over complex or simplistic solutions.  It has also been highlighted that our desire as humans to feel special can lead us to the misconception we must seek out “special” solutions, which not surprisingly come at a significant price and in reality aren’t special at all. I would like to pick up on da […]
October 10, 2017

This Ain’t No Joke

“A man walks into…”   Like the cartoon above, a lot of jokes start with this line, but what I’m about to tell you is no joke.  Unfortunately, it is very real and happening every day. Does this sound ridiculous? A man (or woman) walks into…. their local Toyota dealer.  They are after a cost effective, reliable, value for money solution to their transport needs. Now […]
November 10, 2017

Behave Your Way to Success

A recent post on LiveWire (link below) identifying 11 habits to avoid for better investment performance is worth a quick look, not just for how it could help you as an investor, but for how a better understanding of the habits it refers to can help you in everyday life. The post identifies 11 natural human behaviours that are often counterproductive when applied to decisions […]
January 3, 2018

Still the 8th Wonder of the World

“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” ― Albert Einstein Einstein isn’t the only smart person that understands the power of compound interest.  Regarded by many as the greatest investor of all time, certainly the best known, Warren Buffett has built one of the world’s greatest ever financial fortunes largely off […]
February 6, 2019

Financial One-Stop-Shops

Every now and then I do a Google search on independent financial advice or a variation to see what comes up.  Yes, I’m checking to see if Think Independent does, but let’s move on.  Too often there are advice practices that are far from independent.  That’s a problem but not what this post is about. A recent search brought up a practice that upon further digging is what you […]