Absolutely everything! Many people get excited about doing projections and seeing their wealth rise exponentially over the years on paper. Use a higher projection rate you get a steeper graph and a better result. It’s exciting stuff! Start to talk about risks and managing them, and it is human nature to start to “glaze over”. …
My passion for the financial services industry started very early in my career while auditing some large credit unions as a graduate accountant. When I moved to work for two of the big 4 Chartered Accounting firms (not at the same time of course) I ensured that I was working on as many financial services …
This week the Federal Government will launch a new initiative and resources to help primary school teachers deliver financial education programmes in schools. Here’s a link to the website: http://teaching.moneysmart.gov.au/ Robert Kiyosaki’s book ‘Rich Dad, Poor Dad’ aptly posed the dilemma of his highly educated father who nonetheless had no financial education and consequently struggled …
“Nowhere does history indulge in repetitions so often or so uniformly as in Wall Street.” Vividly I can recall the dot com boom when technology related companies showed no or little profit and yet were being valued at astronomical prices. It was called a new era when valuations did not matter. Investors seemed to put …
Sometimes we stare so long at a door that is closing that we see too late the one that is open,” Alexander Graham Bell In 1979 there was a Business Week magazine cover titled “the Death of Equities”. This came after a 13 year sideways market in the United States. Though the market went sideways …
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