Wealth Intelligence

  • Mar 14
    One significant trend that stemmed directly from the GFC was a move by investors (particularly committee driven ones) towards “index” investing*.

    Is this daft investing?

    Index (or “passive”) investing is simply when you buy a bit of everything in the market proportional to each company’s size (the spaghetti-gun approach: throw a packet of spaghetti against the wall and hope some of it sticks).

    On the other hand, “active” investing is when you only buy what you choose from the market (only use the longest, moistest spaghetti to improve your odds). Read More
  • Nov 14
    The recent volatility of share market returns has led to some aggressive media advertising for “annuities”. The advertising seems to aim at scaring self funded retirees out of the share market.

    What is an annuity? Read More
  • Nov 14
    I have recently found myself being cautiously approached by people who want to commiserate with me about the share market and its poor outlook, in light of the “dismal equity climate”.

    Notwithstanding the strong relative performance we have enjoyed (i.e. First Samuel shares v ASX), the enthusiasm I express for shares in response to these comments continues to surprise my well-meaning condolers.

    However, I do appreciate that without the benefit of historical context, this must seem an almost euphoric-denial response to most.

    So, with this in mind, I felt it was important to provide some more information to better explain my enthusiasm. Read More