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Welcome to Bruce Brammall Financial

So much spin on BOMAD

Bruce Brammall, The West Australian, 22 July, 2019 There’s a stinking pile of financial bullcrap that I feel I need to disinfect. It relates to the “monstrous” behemoth now referred to as the “Bank of Mum and Dad” (BOMAD). Some stuff written about BOMAD recently has sounded authoritative … but stands tall to scrutiny like […]

Cash is dead, so where to next?

Bruce Brammall, 10 July, 2019, Eureka Report   SUMMARY: Cash is dead. But where do you go if you’re looking to take extra risk? And how much do you risk do you really want to take? Whoa, cash is definitely dead. Even if it had a pulse in recent years, which is doubtful, it’s definitely […]

Go contrarian on RBA rate cuts

Bruce Brammall, The West Australian, 8 July, 2019 It’s probably not news to anyone that I’m a bit contrarian. I’m a straw-hats-in-winter guy. A buy-assets-during-a-rout sort of bloke. I’m contrarian by nature, but not to the point of being stupid about it. When the sun’s shining, I wear sunscreen. I like my beer cold. And […]

Grumpy, old and holding on

Bruce Brammall, The West Australian, 1 July, 2019   Listen here, you greedy old codgers. Whaddya mean you can’t sell your home? If you really wanted to get into that fancy “Manor of Missing Memories” just down the road, you’d find a way. Please. Save me your sob stories. I’ll betcha plenty of first home […]

It was the season for the EOFY dance

Bruce Brammall, The West Australian, 24 June, 2019 There are really only three times of the financial year in Australia where the masses show any interest. There’s reflection time leading into Christmas. This is followed by new year resolutions in January, while chugging a few beers at the beach. And then there’s June. The end […]

How to protect your super

Bruce Brammall, 12 June, 2019, Eureka Report   SUMMARY: Time to do an urgent stocktake of your personal risk insurance – particularly whatever you’re holding in super. Billions of dollars of insurance was automatically cancelled at the end of the financial year. Bizarre, but true. The government-imposed mass extermination of insurance policies hit on 1 July. […]

Don’t suck up the dosh with motors

Bruce Brammall, The West Australian, 10 June, 2019   As a kid, I was a Holden man. Barracked for Brocky in his “05” at Mount Panaroma. I had a natural hatred of that famous Ford flog Dick Johnson. But while my first car was a 1980 Holden Gemini, it was followed by a 1984 Ford […]

Property close to bottom

Bruce Brammall, The West Australian, 27 May, 2019 Did anyone else feel a short “WHOOSH!” of wind around 8pm on election night? It was bizarre. The night was completely still. Then there was a burst of a warm-as-breath breeze, before stillness again. I was at an election party. I felt it. I could see others […]

The leaders super stuff up

Bruce Brammall, 15 May, 2019, Eureka Report SUMMARY: Double “gotcha!” moment on the campaign trail! Sadly, proving neither leader understood their own superannuation policies. One of the great problems with superannuation’s complexity is that the chief idiots-in-charge don’t actually understand what it is they’re making rules about. Superannuation has tripped up many on the campaign trail […]

Ignore super fund letters at your peril!

    Bruce Brammall, The West Australian, 13 May, 2019   There’s a predictable front page splash happening very soon. Not if. Definitely when. Here’s the yarn: “Dad and two kids lose home, now destitute, because Mum’s insurance cancelled by government decree.” (Or, you know, some variation on mums and dads and kids.) Why? Because […]