Blog

November 3, 2016

Tap into the amazing power of compounding

When you invest over a period of time, compound interest is your best friend. In effect, it means you are earning interest not just on your own capital, but also on the interest you’ve already earned. Over the long term, this might be phrased as “interest on interest on interest on interest on interest …” or more simply, “free money”! So how do you get this free money? This is how… A simple start Imagine we place $100 in an investment that earns 10% pa. At the end of one year, we’ve earned $10. Imagine we spend all the interest […]
October 27, 2016

What is your aged care funding strategy?

We’re an ageing population; the media keeps reminding us, as does the government, but are we prepared for what this means? As a society? As individuals? One thing’s for sure – it’s something we cannot ignore. According to the Australian Institute of Health and Welfare (AIHW), in 2014, 3.4 million Australians were aged 65 and over. Consider for a moment: this figure shows those people contemplating aged care for elderly family members are fast approaching the age when they’ll need it themselves. Sobering thought. What this means is that as aged care becomes increasingly important, the need for aged care […]
October 20, 2016

A certain strategy for an uncertain market

Mark Twain was a great author but ‘stupendously incompetent’ when it came to investing, according to a feature in Time magazine earlier this year. Twain lost a fortune on an array of 19th-century start-ups based on such products as a steam pulley, a magnetic telegraph, a protein powder that “could end famine” and an engraving process. And the creator of such characters as Huckleberry Finn and Tom Sawyer lost money on railway stocks while rejecting an opportunity to invest in Bell Telephone – despite owning one of America’s first residential phones. Yet his gift with words enabled him to describe […]