November 1, 2017

How our investment past can damage our investment future

Most investors can probably have investment experiences that have shaped how they behave as investors in the future. For instance, an investment, in say, a single stock, may have been highly profitable as you happened to buy and sell at the right time. However, such an experience may give you make you overconfident in your abilities as an investor, including in your perceived ability to somehow pick future winners. By contrast, a past investment loss from perhaps buying when markets were at a high and selling after markets had heavily fallen may lead you to having an excessive aversion to […]
October 25, 2017

Think ahead about smart retiree spending and investing

A common personal finance trap is to concentrate on saving and investing to finance our eventual retirement without thinking enough in advance about how to invest and spend that money in retirement. Given that we have so much going on in our lives long before retirement –such as our careers, dependent children, home mortgages and trying to save – this focus on accumulation is understandable. But it’s only part of the equation. It makes sense to begin developing smart retiree spending and investing strategies long before retiring. This should help you think about what are your personal and investment goals […]
October 18, 2017

Self-employed? Don’t miss out on super

There are plenty of benefits from being self-employed including having a typically high degree of independence. And no doubt many employees would gladly join their ranks – if they could run a profitable and personally-satisfying business. Yet being self-employed is obviously not all beer and skittles, as the cliché goes. From a financial perspective, one of the common downsides is that most of the self-employed have little or no super, according to research over several years by the Association of Superannuation Funds of Australia (ASFA). This means that millions of the self-employed, working on a full or part-time basis, are […]