Best and worst? Nuh-huh. Worst and worster! Just take my Grandma. She’s used her credit cards to obliterate her home equity and her Boomer kids’ inheritances. (“Bad Grandma! Very naughty!”) … Read More “Credit cards versus store cards – what’s the best and worst for your wealth?”
Category Archives: Articles
“Knowledge is power. What is the best finance book you have ever read, and why?”
“Always read something that will make you look good if you die in the middle of it.” That’s a quote from PJ O’Rourke. In my opinion, the funniest man alive. … Read More “Knowledge is power. What is the best finance book you have ever read, and why?”
Your seven super resolutions
PORTFOLIO POINT: This is the 7-Eleven column – the seven things DIY super trustees must do in 2011 to keep your SMSF in top shape. It’s already a quarter-hour past … Read More Your seven super resolutions
“Life insurance: How much, if any, should you have? And how much should you pay?”
IF ANY?! To quote tennis legend John McEnroe: “You cannot be serious!” Remove “if any” from that question for Generation Xers! I know it’s awful to think about, but picture … Read More “Life insurance: How much, if any, should you have? And how much should you pay?”
“Have you made any new year resolutions about your finances? Is this a good idea?”
Yes and, um … no. Well, yes. But not really. New Year’s Eve is a stupid time to make resolutions. For a start, nobody should promise anything when they were … Read More “Have you made any new year resolutions about your finances? Is this a good idea?”
“What will 2011 mean for Generation X’s finances?”
I don’t believe in crystal balls. They’re trouble, like poking Chopper Read in the eye. Exact predictions are for crazy people. And liars. Nobody knows what’s going to happen this … Read More “What will 2011 mean for Generation X’s finances?”
SMSF gearing safe as houses
PORTFOLIO POINT: A “review” of super gearing in two years is as close to certainty as SMSF trustees could have hoped for. Half full or half empty? Is a review … Read More SMSF gearing safe as houses
“Is debt recycling simply green economics? Who can it help and who can it hurt?”
Sssh! Bite your tongue! Be wary of inviting hippies into any financial discussion. Imagine the world’s economy if Neil from The Young Ones was in charge of Treasury? Debt recycling … Read More “Is debt recycling simply green economics? Who can it help and who can it hurt?”
Shy from retiring
PORTFOLIO POINT: Be careful what you wish for. Early retirement isn’t all it’s cracked up to be say those who’ve beaten the rest to it. Human behaviour can be quite … Read More Shy from retiring
“If I’m struggling to make ends meet on a monthly basis, how can I get focussed on achieving something big?”
You want focus? I’ll give you focus! Al Pacino in Scarface: “Say hello to my little friend!” My “little friends” in financial motivation are “fear” and “greed” and you need … Read More “If I’m struggling to make ends meet on a monthly basis, how can I get focussed on achieving something big?”