Accumulating wealth: but 'When is enough?' Knowing that most of those people born in generations following 'the Baby Boomers' will probably live longer after retirement than they worked prior to retirement, accumulating wealth for that phase of life is a primary goal for most of us. For this article 'enough' is the amount that you are satisfied will enable you, in all reasonably-assumed circumstances, to achieve all of your lifestyle and financial needs, [...]
Financial risk management engages the financial risk manager in deciding whether to accept the risk, mitigate its effects, or outsource its consequences: here are some thoughts for the risk manager's consideration. If you become ill or suffer an accident that takes you away from earning your usual income at the same rate as you currently enjoy, how long could you maintain your current lifestyle and continue to meet your ongoing [...]
Interest rate interest is rising Interest rate interest has risen in the post-GFC 'recovery' process, especially as those who are dependent on the income they receive from their investments is what is funding their lifestyle: their very existence! Australians should all be interested in what happens on the first Tuesday each month (not just on Melbourne Cup Day in November!), as we are all impacted in one way or another by the [...]
Sharemarket Volatility countered Sharemarket volatility is countered by holding strategic investments for the long-term. Peter Thornhill, Author, addressed the Asgard Investor Forum in Queensland in February 2009 and those attending were given an entertaining and statistically forceful argument as to what proves that the sharemarket is a rational vehicle; and why shares are a safe, dependable, boring, high income investment, as opposed to highly RISKY Term Deposits. The Sharemarket is 'perfectly [...]