There is an age old industry adage that implies the simplest way for mum and dad investors to build wealth when trading the share market is to dollar cost average. The methodology requires you to make regular investments regardless of the direction of the market or the stocks you are trading. However, in my opinion […]

http://www.youtube.com/watch?v=omzg1wN3jjU

In July 2008 a number of experts were forecasting parity between the Australian and US dollar, however, since then the Australian dollar has fallen to below 80 cents US, which represents a discount of nearly 20% on the exchange rate. So what drove the disparity and what does it mean for the Australian consumer?
The Australian […]

http://www.youtube.com/watch?v=0lHj_X4mLIk

Despite oil prices falling around 23% over the past two months, we are still paying high prices at the pump. The reason for this is that the Australian dollar has also fallen around 14% against the US dollar during the same period, which has effectively eroded any benefit from lower oil prices.
If the price of […]

http://www.youtube.com/watch?v=e062fJLuuaw

Next Tuesday the RBA will meet again and it is almost certain, given the current economic conditions, that the official interest rate will be reduced. It is also likely that we will see further cuts over the next year which is exciting news for those who currently hold high levels of debt.
Reducing interest rates will […]

http://www.youtube.com/watch?v=g3qrc0_KL2g

With the significant pull backs in the market of late, the managed funds have commenced their old clichés’ of ‘time in the market’ rather than ‘timing the market’ in an attempt to allay investor’s fears. The issue I have with this is that ‘time in the market’ is probably the most perpetuated myth in the […]