The 10 commandments of investing
1 . Define how you would like to live your life and create a financial plan to meet the expenses that will entail Not having this is a bit like taking off in an aeroplane without a destination in mind. It is however important to build flexibility into your plan (and to be flexible in […]
Will you live to 100? Looking at retirement differently
Have you thought about how long you might live? David Andrew, founder of member firm Capital Partners, has! His prediction? A very successful 106! According to The Australian Government Treasury, the number of Australians reaching and exceeding 100 is on the rise. As living longer becomes the new reality for more of us, it highlights the […]
How to build (and destroy) generational wealth
Building wealth is hard. Building generational wealth is even harder. By generational wealth, we of course mean passing down assets, whether it’s a cash inheritance, property, businesses, and other valuables from one generation to the next. Managed properly, it can provide financial security and opportunities for future heirs, or a legacy for years to come. But, despite the […]
Wealth and worth
The word ‘wealth’ is most often associated with material riches, but it also can mean enjoying good health, fostering strong relationships, building a sense of security and finding a purpose in life. That’s why a sound financial plan should be about more than investments and can vary so much from person to person. Life is […]
Financial challenges for couples
Second marriages may present additional financial challenges when balancing day-to-day expenses with implications for aged care funding. You may not share finances equally, but Centrelink/DVA will assess your obligations as if you do. Life is full of ups and downs. You might have been unlucky and lost a spouse, but then been lucky to find […]
Ancient history, modern lessons – a story from the recent GAIA conference
Author: Simon Brown, BpH Wealth In October 2023, I attended my last conference as Chair of the Global Association of Independent Advisors (GAIA) in Stockholm. It is always great to meet with the leaders of likeminded firms across the globe and find out what they are doing to improve their service to clients. This year’s […]
How much is your time worth?
Lockdowns have caused many of us to reflect on the value of our time. Life is short. Kids really do grow up fast. How do you want to enjoy the valuable resource of time to live a meaningful life? People have been wondering how we can make the best use of our time long before […]
Nobody knows anything
As one of Hollywood’s most successful screenwriters, William Goldman won two Academy Awards and had over twenty of his screenplays made into movies. You’ve probably seen one (or more) of his most notable produced screenplays, such as Butch Cassidy and the Sundance Kid, All the President’s Men, The Princess Bride, Maverick, Misery, and The Ghost […]
This chart basically tells investors when to sell and when to buy
Could this chart from the 1800s give investors today a way to navigate unpredictable markets? We’re not a fan of predictions, but let’s take a look… Back in the 19th century, an American pig farmer from Ohio called Samuel Benner may have discovered the secret patterns behind asset prices. After seeing his own assets wiped […]
Mindset and markets
Investing can often seem like a daunting task, particularly with all the sensationalist headlines that we are prone to seeing in the 21st century. Whilst having a sound understanding of the share market, risk metrics and economic trends is undoubtedly important, it is often the psychological aspect of investing that can determine an individual’s level of […]