A crisis may not be welcome, but it can be valuable. When the world is spinning gloriously without interruption, complacency can emerge. That’s when bad habits start. Forgetting the lessons of the past. A little bit of hubris that outcomes were determined by skill, not luck. Believing that things work differently now. For investing, it’s […]
“Have you seen the price of gold?” “What about gold?” “Is there a reason you don’t invest in gold? These are common but also intermittent questions. An investment that has recently increased in value will receive attention. Its proponents will talk about it. The media will cover it. People want to know more about it. […]
You might remember it. Though it seems so long ago right now. There was a big kerfuffle. It was about franking credit cash refunds. In short, former Labor leader Bill Shorten was going to do away with them. In response, Australia’s self-funded retirees made it their mission to do away with Bill Shorten. Retirees: 1. […]
It’s no secret interest rates are low. Have ten grand in the bank? If you’re lucky with a ‘high interest’ account, at the end of the year you’ll have made $200. That’s before the tax man and inflation come calling. For those with a small amount who can’t get their head around the concept of […]
It was an unceremonious occurrence. A few minutes into trading on the third of February 2020 the ASX released a list of companies whose securities had been suspended from trading for an unacceptable period of time. It was removing their listings from the exchange. Why? Various reasons, but most had gone bust. Many were now […]