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Welcome to Bruce Brammall Financial

“Reverse mortgages are growing in popularity among retirees who need extra cash. What do families need to know about them?”

As teenagers, my brother Dirk and I had two permanent threats hanging over our heads from Mum. “Get a tattoo or a motorbike and you’re out of the will.” Years ago, my brother got inked. Bizarrely, some time after that, Mum joined Dirk and Dad on motorbikes. I did neither. I’ve argued for years that […]

The “Peak SMSF” theory

PORTFOLIO POINT: Has your interest in DIY super peaked? A major study believes this is as popular as it gets for SMSF investing. “Investors’ inclination to run their own self-managed super funds has peaked. Over the next 15 years, SMSF growth by numbers and assets will slow. While they will double in size in assets […]

Game gets harder for planners

Debt Man column – The West Australian (Money) For: November 30, 2009 Bruce Brammall Debt Man My grandmother used to refer to dodgy buggers as being “so crooked, they couldn’t lie straight in bed”. Usually, Nana was talking about the person across the table who’d just fleeced her in a hand of cards. Her game […]

“The silly season is about to start, so how do we avoid our personal finances becoming a joke this Christmas?”

This fat bloke’s been waiting all year! A little unconventional, but here are my five tips. Tip #1: Drink. Heavily. While it’s all free or cheap at work and industry Christmas parties. Immediate savings on entertainment bills from now to Christmas. If you continue going hard through to New Year, you’ll probably swear off booze […]

“Finance is a word that sparks fear and uncertainty in many minds. How do we overcome our fear of financial matters?”

Gen Xers can no more afford to ignore their personal finances than they can walk around their office naked. Strippers being the obvious exception. But getting in the trenches with your finances ranks alongside public speaking and talking about death for so many people. There is really only one way to overcome your fear of […]

Super rich: You have been warned

With every speech that Superannuation Minister Chris Bowen makes in regards to Labor’s vision for the future of superannuation, the picture gets clearer. And exponentially more concerning. Significantly for Eureka Report’s readers – a large proportion of which are self-managed super fund trustees and self-directed investors – it seems increasingly likely that any “improvements” made […]

“Blue chips versus speculative stocks – where do investors get the biggest share market gains?”

You’ll always make the biggest killings and blow the most dough in the same darn place – where the risks are highest. The following stats from the top of the market (November 2007) to the bottom (March 2009) and then back to recent peaks (October 2009) are telling. The ASX20 index – Australia’s 20 largest, […]

Off your trolley to buy into a basket case

Debt Man column – The West Australian (News) For: November 13, 2009 Bruce Brammall Debt Man Once upon a time, there was an evil conglomerate. Oh, all right, it wasn’t so much evil, it just had a mega attitude problem that frustrated the hell out of everyone. An eternal under-achiever. Rubbish stock price. Awful profits. […]

Children are information sponges, so how do we transfer positive values about money to them and help them avoid our bad habits?

Start them young. If their first full sentence isn’t “Dad, show me the money!”, then you’ve been a neglectful parent. You should probably be jailed. In Monopoly prison. “Learned behaviour” is an incredibly powerful force. It explains how children pick up their parents’ behaviour by osmosis. Shame on Andre Agassi for teaching his kids that […]

Eight ways to gear DIY super

PORTFOLIO POINT: Here are the top eight SMSF gearing tips from super strategic guru Grant Abbott. The onset of the Global Financial Crisis ruined a few global parties. Overzealous equity prices, securitisation, property, any company/instrument with too much debt. When reality (the fun police) was belatedly called in, a few “good things” came to an […]