‘I’m selling now to beat crash,’ says disillusioned property investor

Allan Smith with his eight-year-old daughter Eva at his investment property in Helensvale.  Paul Harris By Duncan Hughes   21 January 2019   Australian Financial Review Allan Smith, a Queensland corporate accountant, is selling the investment property he bought 10 years ago because he is “tired of losing money” and wants to get out before there is a market…

Shorten’s 6 big tax slugs to hit Aussie middle class

By Paul Rickard  January 10, 2019 In a little over four months, Australians are set to elect Bill Shorten as their 31st Prime Minister. He will lead a left of centre, anti-business Government that will slug millions of Australians with higher taxes. Those impacted will include investors, self-funded retirees, small business entrepreneurs, professionals, managers and savers.…

The 20 Commandments of Wealth for Retirees

By legendary financial adviser Noel Whittaker 1. Ignore the prophets of doom – they are always with us and usually wrong. 2. Make sure your children have adequate insurance. It’s much more affordable than your funding their misfortune. 3. Understand compounding, and appreciate that the rate of return your portfolio can achieve will be a major factor in how long your…

What two investing insights would you give your 20-year-old self?

Hamish Douglass, Magellan Asset Management Hamish Douglass My central advice would be that successful investing is about finding and then owning for the long-term companies that can generate excess returns for years to come. It’s not about looking for stocks that might come into short-term favour on stock markets. The worthwhile companies to own for…

COMPARING SUPER FUNDS – What exactly is a balanced fund?

  Tim Farrelly | Portfolio Construction Forum | 14 December 2018 Australia’s largest super fund, Australian Super, would have us believe a balanced fund has 80% in growth assets, the industry euphemism for risky assets. The Vanguard Balanced Fund has a more cautious 50% in growth assets. At an extreme, the Host Plus Balanced fund…

Australian equity valuations not overvalued says RBA’s Kohler

By William McInnes  13 Dec 2018  Australian Financial Review The Reserve Bank of Australia says Australian equities are not overvalued and highlighted the outperformance of equities compared to other asset classes over time. Speaking at the Australasian Finance and Banking conference in Sydney on Thursday, the central bank’s head of domestic markets, Marion Kohler, said…