The Investment Collective

Check your face

12/04/2012 11:12:33 AM

This article was first published inThe Northern Daily Leader under the heading, 'Check your face' on the 31st of March 2012.

Financial advisers don’t follow a ‘face code’ (I hope!) – exclusivity should not be a barrier to receiving financial advice. Some advisers may charge more than others, but you shouldn’t be discriminated against based on the balance of your bank account. This is related to a question I am often asked: how much money do you need to have before you see a financial adviser? Many people think that there’s no use getting financial advice unless they have a spare couple hundred thousand dollars lying around. The truth is that you don’t need to have money to justify seeking out financial advice; you just need to be interested in making the most of your financial situation.

A perfect 10

31/01/2012 12:32:47 PM

This article was first published inThe Northern Daily Leader under the heading, 'A perfect 10' published on 24 December 2011.

It’s a shame there isn’t a World Championship of Fainting, as I’m confident I could win gold for Australia. My most recent example, prompted by a stomach complaint, would certainly have come as close to perfection as Nadia Comaneci’s 10 out of 10 on the uneven bars at the 1976 Summer Olympics. It was a fairly spectacular effort, with all the hallmarks of a great faint – sweating, shivering, mumbling and kryptonite-like weakness.

National Disability Insurance Scheme

22/08/2011 10:21:54 AM

This article was first published in The Morning Bulletin under the heading Disability on 20 August 2011.

In the late 1960’s and early 1970’s Balmain basket weavers argued for the dismantling of institutionalised care for the disabled. If you don’t remember, rent out “One Flew over the Cuckoo’s Nest”. Once you have seen it, tell me what happens after McMurphy escapes the institution?

A cut above

6/04/2011 3:25:28 PM

This article was originally published in The Morning Bulletin in March 2011. Titled What can a financial planner do?

The ongoing nature of financial advising provides the opportunity for continuous financial improvement, whether through investment or through structural means. Like a GP, personal financial professionals will call in expert help when needed, but the primary relationship will be with the generalist.

Will She Be Right Mate?

29/11/2010 12:21:05 PM

This article was first published in The Morning Bulletin under the heading Will she be right mate? dated 30 October 2010.

Underinsurance can have a huge impact on the lifestyle your family chooses to follow. The family income can often halve if families lose the main breadwinner and an unexpected event can affect your family’s way of living including making mortgage repayments, the cost of running a car, holidays and other expenses. While your superannuation fund may provide a basic level of cover – quite often it is not enough.

Succession Planning for your future

12/07/2010 8:49:30 AM

This article was first published in The Morning Bulletin under the heading Sucession Planning LN Input on 07 April 2010.

Involuntary incapacitation can be dealt with through a specially prepared life insurance plan so that the business can continue to run, or to purchase shares from the owners if the business must close. But what of pre-determined retirement? A business with free cash flow will probably have value - the trick lies in structuring it properly.

Opportunities for Primary Producers

26/06/2009 9:29:18 AM

This article was originally published in The Morning Bulletin as an article on the 16th of May 2009.

Self sufficiency means having a plan for retirement, and not having to unduly rely on others. Like ants building a colony, we all have to interact to make things happen. But beyond that is a requirement to fulfill our own destiny. Setting up your financial and business affairs in such a way that your ability for self-direction, your negotiating power and your freedom is increased has to be liberating. The absence of these things is probably at the heart of many simmering family problems common on the land.

How banks work

2/03/2009 12:33:08 PM

This article was originally published in The Morning Bulletin as "Dogma debates show the better times returning" on 7th February 2009.

How does a bank work? Say a bank attracts a $1.00 deposit. It might keep $0.10 in reserve and lend out the other $0.90. That $0.90 goes round in the economy and is eventually re-deposited in the banking system. Of that $0.90 the banks keep $0.09 in reserve, and lend out $0.81. If nothing adverse happens, this goes on and on until there is no more to lend.

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Articles filed under category insurance

Check your face

A perfect 10

National Disability Insurance Scheme

A cut above

Will She Be Right Mate?

Succession Planning for your future

Opportunities for Primary Producers

How banks work