-
The Big Lie of Social Media Trading Coaches
Read more: The Big Lie of Social Media Trading CoachesSocial media has been blamed for being the cause of many ills over the past decade. The ability to analyse our behaviour and micro target us with advertising may become the biggest ill of all. Being able to blatantly tell lies and distort the truth to a narrow group of people is regarded as a serious problem. It’s harder to address than general advertising. If deceptive ads were more widely seen, they would be more likely to be flagged and exposed. Much of the focus to this point has been on political campaigns, but the investment world is quickly catching up.…
Topics:
-
‘Low Risk’ Term Deposit Alternatives
Read more: ‘Low Risk’ Term Deposit AlternativesTough 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 nipping back any real return for doing nothing. Illusions are comforting though. If an investor thought they were getting a good enough return, then they wouldn’t go out of their way to chase one. An RBA cash rate of 0.10% presents a whole new mind game for investors. Some of the more opportunistic types in the…
Topics:
-
Election Results Irrelevant, but Vital
Read more: Election Results Irrelevant, but VitalIt 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 it comes to investing, it rarely is. Nor should an election ever be regarded as something to focus on. If an investor is perpetually scanning the horizon for the next event, then they are perpetually distracted by things they can’t control. It isn’t conducive to disciplined investing. Agonising and handwringing over this election, or…
Topics:
-
Heirlooms
Read more: HeirloomsOne 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 we’d invested a specific dollar amount into that stock. It’s meant to make us feel like buffoons. Why didn’t we jump aboard a stock than now seems completely obvious in hindsight? There’s even a website dedicated to the concept. Stock Time Machine. This tracks some of the largest listed companies in the US. Put…
Topics:
-
Stocks, Sectors & the Economy
Read more: Stocks, Sectors & the EconomyAs the virus drags on, economies start to look bleak. Investors who rode the markets down to the depths of March and back out again, start to think… ‘None of this makes sense, surely the market is going down again.’ News lately hasn’t been positive. Wave two condemns Victorians to house arrest, and a seemingly never-ending wave continues to plague the US. So how do some stockmarkets keep moving up? Or at the minimum, keep levitating above where you think common sense dictates they should be? Government and Central Bank stimulus explains some of it. More importantly, the phrase ‘the…
Topics:
Financial Planning, Investment & Insurance Solutions
Dedicated to helping people across Dubbo & NSW with their financial needs
