Clients often ask me if it’s time to take profits or sell based on the recent performance of a particular investment. It seems that we’re conflicted about record-high share prices – on one hand we’re pleased to see existing investments gain in value but apprehensive that higher prices are some kind of indication that prices […]
The butterfly effect
You may have heard of a concept in chaos theory called ‘the butterfly effect’. The mathematician and meteorologist Lorenz famously described how a butterfly flapping its wings in Brazil could set off a tornado in Texas. It might also describe how a politician moving his lips in the US (talking about tariffs, say, or job […]
A dip into Nvidia’s deep dive
On Tues 28 January 2025 (AEDT) tech giant Nvidia’s shares plunged 17 per cent – its worst day on the market since March 2020 (which was early in the Covid-19 pandemic). To put that drop in Aussie dollars, that comes to a loss in value of almost $1 trillion. ($AU948 billion, or $US593 billion.) So […]
Thinking about financial advice?
Thinking about getting financial advice but haven’t taken the first step? If so, you’re not alone. According to an Australian Securities and Investment Commission (ASIC) report[i] on Australian attitudes to financial advice, 41 per cent of survey participants who’d intended to seek advice, still hadn’t gone ahead. If that sounds like you, there’s probably a […]
Investing thoughts in the US election
If you’re wondering what the effect of a US presidential election outcome might have on financial markets, you may be surprised to learn that markets have historically trended upward over time, regardless of who’s in the White House. While US presidents can have some impact on markets, people tend to over-exaggerate their influence. US Stock […]