Its Friday
If ever you wondered how stupid conservative politicians in the US are look no further
DetailsIf ever you wondered how stupid conservative politicians in the US are look no further
DetailsI have been pondering the return to the bad old days of financial planning as advocated by the big banks and in my discussions with people they find it hard to grasp the impact of fees upon investment returns. I think this is due to a basic innumeracy among people and I believe this is…
DetailsOne of the best wealth transference scams ever invented continues. The same thing can be said for the domestic funds management industry – particularly where superannuation is concerned. Recent changes to remove the best interest provision will see investors even worse off courtesy of a return to the bad old days of belting people…
DetailsOne of the joys of keeping odd hours is that you hear all sorts of things that make you go WTF. So I was not surprised to hear in the wee small hours someone extolling the virtues of FX. Their basic pitch was FX is the most volatile market in the world .Therefore, this translates…
DetailsThis is from the fabulous Lefsestz Letter which about much more than music. AMATEURS Have tons of ideas, are excited about all of them and see none to fruition. PROFESSIONALS Have tons of ideas, pick one and do their best to make it happen. AMATEURS Think they can do everything. PROFESSIONALS Know it’s almost impossible…
DetailsWalking is a luxury in the West. Very few people, particularly in cities, are obliged to do much of it at all. Cars, bicycles, buses, trams, and trains all beckon. Instead, walking for any distance is usually a planned leisure activity. Or a health aid. Something to help people lose weight. Or keep their fitness.…
DetailsThis is somewhat of a weird tale. The other day whilst cooking dinner I was channel surfing and in racing through one of the channels I noticed a face that I knew from the past. Staring back at me as a contestant on a game show was a bloke I used to know – naturally…
DetailsI wish I had written this…. Our latter-day sultans of superannuation have breezily lavished a $20 million junket on their sales force and themselves to boot. Before this year’s Byzantium bash, the AMP held its ”conference” in Dublin, South Africa, Amsterdam, Colorado and Buenos Aires. If the behemoths of superannuation shell out two bob supporting…
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