Wealth Management Launceston

Risk Profiling

This month marks 10 years since a little-known bank in northern England became a worldwide brand for all the wrong reasons. Northern Rock was eventually nationalised and the savers’ deposits secured. But the global financial crisis, as it became known, had begun and it would unfold throughout 2008 and result in the collapse of major Read more…

SMSF Self Managed Super Fund Launceston Tasmania

The Philosophical Failings of Forecasting

The Philosophical Failings of Forecasting Source Barry Ritholtz and InterPrac FP Let’s take a look at the underlying cognitive and philosophical failings that are associated with the forecasting industry. This context should provide a framework for understanding the problems and investing risks of forecasting. In William Sherden’s 1998 book, “The Fortune Sellers; The Big Business of Buying and Selling Read more…

inancial Planning Launceston

Reach Your Wealth Goals

Reach Your Wealth Goals One in two Australians feel they aren’t doing enough to achieve their financial goals. According to recent research by MLC Wealth Sentiment Survey, a lack of financial planning and poor financial confidence are the reasons why. In the study, 50 per cent of Australian participants said self-doubt is the reason for falling short on wealth goals, Read more…