Industry Biases (Part 2)
Kicking right off where I left last week, I’m turning my focus back to the Robin Bowerman article called – The perils of market-timing and over-confidence. If you haven’t read the article, you can do so here. https://www.vanguardinvestments.com.au/retail/ret/articles/insights/smart-investing/The-perils-of-market-timing-and-over-confidence.jsp?utm_source=SmartInvesting&utm_medium=email&utm_campaign=October2014 I agree with Robin that humans can certainly suffer from over-confidence and “illusory superiority” in many parts […]
Industry Biases (Part 1)
Let me start by saying that I have immense respect for these two high profile participants in the Australian investing landscape, Robin Bowerman and Chris Cuffe, and the American forefather of index investing mentioned in the article, John Bogle. However these sorts of articles, and plenty are put out there by the investing industry, are […]
Advice that’s costing investors billions
Statistics indicate that super fund members paid $1 in every $8 from managed superfund investments throughout 2010-2011. Little wonder more and more Australians continue to take control of their own financial management. Research conducted by Rainmaker Group throughout the 2010-2011 year found that superfund members were being slogged a massive $2.4 billion in fees or […]
Find the right trading environment for you – Part 2
Having discussed the need to ensure your cash is secure, and that you are satisfied with the way your cash is held by your stock broker, this week I will take a look at how your shares are ‘held’ by your broker. I will also briefly cover what happens in the CFD and FX markets. […]
Find the right trading environment for you
The recent collapse of brokerage firm Sonray Capital Markets raises a number of issues and questions that are important to all investors – not only those trading Australian shares and CFDs, but traders in all markets and all instruments. Reports from the appointed administrators suggest that SONRAY has lost around $46 million of client’s funds […]
The extinction of an industry?
The financial planning industry could be forced into some major changes as a result of the government’s response to the financial crisis and the collapse of financial advice firms such as Opes Prime and Storm Financial. ASIC has recommended that the majority of remuneration practices currently used by the financial planning industry be abolished. This […]
Cooking up a Storm
The current controversy surrounding Townsville based financial planning group, Storm Financial Group, should serve as a wake up call to ALL Australian investors – not only those that invested through the use of Storm’s highly geared, and ill-advised strategy, but everyone involved in the stock market. Storm’s plight needs to serve as a wake up […]