Everyone loves a bargain. Something cheaper than it was a little while ago, or a bonus thrown into the purchase. End of year stocktake sales, flights outside of holiday peaks, end-of-line specials on cars, supermarket meat on a Sunday afternoon, shoe and suit sales … Me? Easy. Happy hours. Stamp in passport, basic beach bar, […]
Walk away. No winners here. Not even interesting conversation. Just the painful sound of your head banging against a brick wall. When it comes to investing, this affliction is most prevalent in the debate of “shares versus property”. People are often set on one, or the other. Sometimes, you could show facts being relied on […]
Remember Tony “Plugger” Lockett? The former Saint who took my Swans to the 1996 grand final … the result of which is a little less raw because of 2005 and 2012. Legend. Sausage roll count of 1360. Kicked 100-plus six times, Brownlow medallist, four-time Coleman medal winner. But my admiration for Lockett occurred before he […]
Forget the phoney election “class warfare” grabbing the headlines, with Billy claiming this and Malcolm claiming that. There’s a bigger, more important, war erupting. Generational warfare. An economic one. And your side, like many a child’s football team, was decided at birth. The year of your birth is your battle line. Falling interest rates mean […]
Finances go backwards occasionally. Precious few could say it’s never happened to them. Sometimes it’s because markets are imploding. Stock and/or property markets occasionally tank, temporarily at least flushing possibly considerable wealth down the s-bend. Other times, it’s because we’re out of work. It’s understandably difficult to move forward with no income and nothing to […]
When it comes to making big, stupid, regrettable predictions, I’d like to think I don’t have too much to be embarrassed about. Sure, like everyone, I’ve made some dumb calls. Particularly when it comes to technology. In 1997, I said that I would never need an “e-mail” address. In 2002, I said I’d never […]
This might sound a little voyeuristic, but watching investment markets go into meltdown can sometimes be a bit of fun. Grab some popcorn. From the right vantage point, you can watch the whole horror film unfold. The screaming, the terror and the panic. Raw human fear. The 24-hour news cycle means we can always get […]
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