As a financial adviser I meet a lot of people and each one has their own individual relationship with money. Some are confident. Some are cautious. Some want to know as much detail as possible. Others are comfortable just understanding the bigger picture and are happy having someone with the experience and expertise to look […]
Not rich enough to buy cheap
It’s tempting to buy cheap when trying to reduce the costs of living – but are cheaper consumer goods a solution to save you money, or part of the problem? The consequences of our increasingly ‘throw away’ culture have already had a dire impact on the planet. We just need to look at the unprecedented […]
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 […]
HIN and SRN – What’s the difference? (and why it helps to know if you sell shares)
First, let me preface this by saying that including ‘HIN’ and ‘SRN’ in your blog post does not make for a catchy title, but you’d be surprised how many people ask me about these. So if you don’t know what they are, or how they’re different, then read on. Purchasing shares through an online broker […]
Conflicted advice rears its ugly head … again
In yet another cautionary tale to consumers, financial advisory firm United Global Capital (UGC) and its associated Global Capital Property Fund (GCPF) were shut down by the Federal Court in Victoria recently due to serious issues in their operations. UGC’s business model involved several practices that created a clear conflict of interest, with the firm […]