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Welcome to Bruce Brammall Financial

No tax: That’s the icing on the cake

PORTFOLIO POINT: You’ve turned 60 and you’re not ready to retire? Well, you don’t have to, but you MUST start taking advantage of a super pension. Superannuation, like life, keeps getting better with age – until that point where we must accept that we’re over the hill and the slope becomes a little slippery. If […]

Confidence goes “twang” like Daniel Kerr’s hammy

Debt Man column – The West Australian (Business) February 4, 2011. Bruce Brammall Debt Man Few things seem to go “twang!” as easily as confidence. It runs second only to footballers’ hamstrings once the pre-season starts. (Speaking of hamstrings … how’s Daniel Kerr shaping up for 2011?) Take the share market. Investor optimism turns to […]

Will boomers bust super

PORTFOLIO POINT: Is there a “peak super” theory? They talk about peak oil theory, where the production of oil hits its highest, before declining rapidly. Is it possible that there is also a “peak super” theory? Have super funds, including self-managed super funds, hit an inflexion point? Has the phenomenal growth in funds of the […]

“Credit cards versus store cards – what’s the best and worst for your wealth?”

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!”) Via a nasty RSL club cocktail of pokies and cheap feeds, her good times Golden Girl party team and an ever flowing tap of Visa […]

“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. I’ve read his two “finance” books, if you could call them that, Eat the Rich and CEO of the Sofa. They are both informative and […]

Gerry internet shopping

Debt Man column – The West Australian (Business) January 21, 2011. Not sure if you Money returns on Jan 24 or not. Bruce Brammall Debt Man Gerry Harvey, cheers to your recent brain implosion! You’ve just shouted me 10 free cases of beer. I think Gerry suffered what I’d call a “Fisherman’s Friend” moment last […]

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 sunrise on the 2011 calendar year and it’s time to wake yourselves from the Christmas slumber and get your butts into gear. No time to […]

“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 yourself dead or paralysed from a major car accident. If dead, how deep in the financial poo would you be leaving your partner and/or family? […]

“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 as drunk as I was. How would you remember them? If you could, do you wish someone had gaffer taped your mouth shut? The biggest […]

Grow up and take responsibility for your finances

Debt Man column – The West Australian (Business) January 7, 2011. Bruce Brammall Debt Man Some things – for example, what you look like when you enter this world – are beyond your control. At birth, apparently, I had a flat head. My Dad claims it was flat from my eyebrows to the back of […]