“I’m an entrepreneur”. Youngprenuer, Mumpreneur, Investorprenuer – it seems these days that everyone is their own business idol. I put to you that if one calls themselves an entrepreneur, then they probably aren’t one. If other people call you an entrepreneur, then you probably are – word of people’s success spreads like wildfire, and if you […]
Everyone is talking up whether our dollar will reach parity with the US. In my opinion, the Australian dollar will not only reach parity but move to between $1.10 and $1.20 over the next 6 to 12 months.
I read with interest an article in the September Choice magazine on option educators and their wealth creation seminars.
The issue confronting a lot of Australian’s right now is whether or not to fix interest rates on their housing loans. The banks have already raised their fixed interest rates potentially in an effort to entice home owners to lock in a rate now before they rise again. So should Australians be looking at locking in a fixed rate? To answer this, let’s look at where interest rates are heading over the coming years.
With the changes announced by the government’s recent budget in regard to superannuation, many investors are now looking to top up their super fund prior to the end of the financial year. But I would question whether this is really a wise move.
The economic figures released this week suggest that the economy is in a better condition than many expected. However, is this outcome really a product of good management or good luck? What has worked in the governments favour is that the Australian dollar traded below the $0.70 USD level for most of the March quarter, […]
The recent outbreak of swine flu has sent speculators scrambling to buy into Biota, the company responsible for the Tamiflu vaccine in the hope of making a quick dollar. But is this really smart investing or just plain gambling? On Friday 24 April Biota closed at $0.87 before rising 78.16 percent to a high of […]
Over the past few months I have heard many people complain about the perceived lack of value they have received from their adviser in regard to their investments. I believe this is because many advisers fail to adequately manage portfolio risk, instead preferring to advise their clients to ride out the market volatility. The problem […]
The banks decision this week to put up fixed term interest rates on mortgages has shown once again that they are more interested in profiteering than supporting the community.
Australia’s fascination with Telstra has continued despite the news that the company may not be involved in the National Broadband Network being proposed by the government. People love to own this stock yet for the life of me I cannot understand why. Telstra floated in November 1997, and while the stock rose over the first […]
