Peter Rodgers

Blog

August 16, 2017

Why currency matters to Aussie investors

There is nothing like an overseas holiday to remind you of the power of currency movements to either help or hinder your financial position. Australian investors probably have more at risk in the currency stakes than most other investors in developed markets. That flows from the small size of our local sharemarket – less than 3 per cent of the market capitalisation of global sharemarkets – which means to get international diversification Australian investors have to invest offshore. Contrast that to US investors where so many of their major companies are global players which means a lot international diversification comes […]
July 26, 2017

Don’t lose sleep over the uncontrollable

Tumultuous, volatile and uncertain. These are a few words (albeit extreme ones) an investor might choose to describe the first half of 2017. We’ve seen a political outsider sworn into the White House, central banks tentatively emerging from years of stimulus and low interest rates, tense elections in France and the UK, and a watching brief on China as its economic growth engine manages to keep ticking over. There has certainly been no shortage of news to keep investors awake at night, not to mention jumpy during the day. Even the experts–self-proclaimed and actual–struggle to agree on what is important. […]
June 14, 2017

Meet the non-conspicuous saver and investor

The Millionaire Next Door, a long-time personal finance bestseller that has found a place in the bookshelves of generation after generation of investors, has turned 21. In 1994, late US academics Thomas Stanley and William Danko first published their telling blueprint for the quiet accumulation of wealth in an understated, non-showy fashion. This is the opposite of the get-rich-quick approach. Based on comprehensive surveys over some years plus face-to-face interviews of hundreds of wealthy individuals, Stanley and Danko wrote that “prodigious accumulators of wealth” (PAWs) are typically modest in their spending habits; they don’t tend to look like rich. By contrast, […]