Friday, December 22, 2006

Smarter Ideas About Wealth

This is a great video presentation,, by Jason Butler from Bloomsbury Finacial Planning in the UK.

The video introduces the investment philosophy of Bloomsbury, which is the same as my own. In starting my new business I identified Bloomsbury as one of financial planning businesses that I would model my business on.

Wednesday, December 20, 2006

Financial Planner of the Year

Congratulations to Neil Kendall of Tupicoffs in Brisbane for winning the Money Management/Advance Financial Planner of the Year. See article here

Most interesting is his innovative approach to fees...

Tuesday, December 12, 2006

The Big Chart

This is the best investment education tool I have seen on the Internet! It was created by Mark Hebner and his team at Index fund Advisors. Note that it is designed for US investors. I would love to create something similar for Australian investors, meanwhile I am happy to use the underlying principals to construct portfolios for my clients.

Please contact me (see business card below) to discuss how these principals can be applied to your Investments or Superannuation.

The link again: THE BIG CHART

Tuesday, December 05, 2006

The First Online Investment Book?

Frank Armstrong at Investor Solutions in Coconut Grove, Florida claims credit for the first investment book ever published on the Internet! The book, Investment Strategies for the 21st Century, was originally commissioned by GNN's Personal Finance Center and was serialized there from January 1994... "I love finance! I don't think it has to be dull, and it doesn't have to be mysterious. I want Joe Sixpack to read, enjoy and profit from the revolution on Wall Street." says Frank. "Investors of very modest means can construct portfolios which rival the sophistication of multi-billion dollar institutions..."

Friday, December 01, 2006


...this was headline at Robin Bowerman's Smart Investing blog this morning. READ ARTICLE.

Robin's articles also appear on the Vanguard Website. Some very good advice and observations...

Also in the inbox from Vanguard this week is a new video:
  • Why chasing performance is a loser's game
    "Though you be swift as the wind, I will beat you in a race", the tortoise harked to the hare. The tortoise proved his doubters wrong, when slow and steady he did win the race. While investing isn't a race, Aesop's fable can teach us a thing or two about investing. Long-term investing isn't about chasing the hottest performance. It's about taking a long-term view and staying the course.
Finally, following the same themes, Vanguard have put together a list of investing tips:
  • Secrets of successful investors
    More often than not, get rich quick schemes end in tears. Seasoned investors don't get distracted by the latest investment fad or market noise. Instead, they use tried and true investment techniques that work. Investing often, diversifying and keeping an eye on costs and tax are just some of the strategies they use to get ahead...

Monday, November 20, 2006

Mad Money Machine

Paul Douglas Boyer's podcast and blog, Mad Money Machine, reviews the stock-picking performance one of America's best known investment gurus, Jim Cramer, and others...

Wednesday, November 08, 2006

Life Planning

George Kinder of the Kinder Institute has an innovative financial planning business which he outlines here at a UK financial planning conference. Some interesting ideas...

Friday, November 03, 2006

Financial Planning Business Models and Links

For those expecting to find my new web-site at this address I offer some other some links to financial planning sites offering similar investment and planning philosophies to my own.

Mark Hebner's Index Fund Advisors, offers an incredible amount of research and some great modeling of US-based portfolios. No such research is available for Australia yet, but a great future project...

Bloombury Finacial Planning seems to be one of the best UK-based planning firms. Their site, offers some sound advice in newsletters etc.

In Australia, Kevin Bailey's firm, The Money Managers, is a leader in fee-only advice and passive investment strategies.

I will post more information over the coming weeks and welcome feedback on my fincial planning business model.

Wednesday, October 11, 2006

129 Words of Wisdom

Thank you to Joshua Gans and his CoreEcon blog for finding this piece by Paul Farrel at MarketWatch:

'Unified Theory of Everything Financial'

Quietly hidden in Adams' groundbreaking work is a financial formula so simple it rivals Einstein's E=mc2. In its original form Adams' formula was apparently so heretical and so explosive that no major house would touch it when he proposed publishing it as a one-page book. After initial rejections, he announced sadly that "if God materialized on earth and wrote the secret of the universe on one page, he wouldn't be able to find a publisher" either.

Fortunately for America's 95 million investors, Adams' secret nine-point formula was finally revealed in "Dilbert and the Way of the Weasels." Notice its simple brilliance in the exact reproduction of his formula:

  1. Make a will
  2. Pay off your credit cards
  3. Get term life insurance if you have a family to support
  4. Fund your 401k to the maximum
  5. Fund your IRA to the maximum
  6. Buy a house if you want to live in a house and can afford it
  7. Put six months worth of expenses in a money-market account
  8. Take whatever money is left over and invest 70% in a stock index fund and 30% in a bond fund through any discount broker and never touch it until retirement
  9. If any of this confuses you, or you have something special going on (retirement, college planning, tax issues), hire a fee-based financial planner, not one who charges a percentage of your portfolio

Adams boldly states that this is "everything you need to know about personal investing." In just 129 words, nine simple points, one page you have the unabridged "Unified Theory of Everything Financial." That's it. Everything!

Thanks to Adams' formula, the average irrational investor can ignore Wall Street: "Everything else you may want to do with your money is a bad idea compared to what's on my one-page summary. You want an annuity? It's worse. You want a whole life insurance policy? It's worse. You want to invest in individual stocks? It's worse. You want a managed mutual fund instead of an index fund? It's worse. I could go on, but you get the point."...

The truth is, most investors have little or no interest in Wall Street's casino action; all the time-consuming research, the sophisticated stock-picking tricks, the costly trading necessary to play in a market drowning in 10,000 stocks, 18,000 funds and more than 100,000 bonds. Most investors have jobs and kids as their top priority...

Folks, before you dismiss the idea of Adams winning the Nobel Prize in economics, please remember, there is precedent: Back in 2002 the Nobel committee ignored the usual suspects and picked a psychologist. So there's hope that sometime in the future a brilliant humorist can also one-up all the pedigreed pundits in this "dismal science."

Adams predicted that "someday an economist will win the Nobel Prize for discovering the exact dollar-per-weasel equation that explains our world." But it's now obvious that he's already done much more! Adam's formula would eliminate thousands of weasels from Wall Street, vastly improving the efficiency of America's financial markets, while his "Unified Theory" would improve the wealth-building power of all investors.

If you want more information on how you and your kids can win the prize, please read 1989 winner Michael Bishop's "How to Win the Nobel Prize." The good doctor innocently calls himself an "accidental scientist." Also read "The Beginner's Guide to Winning the Nobel Prize" by 1996 winner Peter Doherty, an Australian veterinarian who says the winners come rather unpredictably from "unlikely backgrounds, one-room schoolhouses and concentration camps," yet all have one thing in common, a "fire in the belly."

One final word: Remember that we all live in parallel worlds -- in politics and religion, in art and science, in our dreams and in reality -- where nothing is ever impossible, where you can achieve your wildest dreams, where your investments succeed simply by using simple formulas and by living with "fire-in-your-belly."
In that world, Scott Adams, Dilbert, you and I can all win a Nobel Prize in "Everything Financial!"

New Business Card

Thank you to Donny at DREAMVISION DESIGN for putting this together for me...

Tuesday, September 19, 2006

Investments, Superannuation, Finance and Insurance

Sensible Super is a new Sydney-based financial advisory business that differs from the traditional financial planning business model by operating on a true fee-for-service basis and utalising passive investment strategies.

Services include Investments, Superannuation, Finance and Insurance.

Contact details:

Sensible Super
52 French St / PO Box 1737
Maroubra NSW 2035

phone: 02 9345 0011
mobile: 0402 466 640
fax: 02 8572 6041