Investing (shares)

What Donald Trump means for your money

My wife is a television producer so you’d expect her to have a refined viewing pallette. Not so. She watches The Bachelorette, the Real Housewives of Bendigo, and any program where everyday Aussies commentate on their own cooking: “I just knew I’d be going home when my caramel soufflé refused...

Would you invest in … whisky?

I often write about investments that sound too good to be true. There’s a reason for this: people continually ask me about investments that sound too good to be true. So this week, just for kicks, I thought I’d revisit a couple of stories … a sort of financial catastrophe...

Investing (property)

The Forty Thousand Dollar Phone Call

“NOW it’s mortgage brokers facing digital disruption in the third wave of property finance.” I read that headline earlier this week in much the same way that my three-year-old reads his bedtime stories. By guessing. “Mortgage brokers facing digital disruption” … hmmm, OK, so maybe it’s like Uber for home...

Investing (property)

Australia’s Youngest Property Owner

Picture this, it’s April 26. 3:30pm. Malcolm Turnbull and Scott Morrison are deep in the ‘burbs. The media pack is in tow, getting ready for a photo opportunity. Today’s pitch? That negative gearing is the way everyday Aussies (voters) get rich — and, unlike Labor, the Government won’t mess with...

Investing (shares)

The Most Important Investment Lesson In The World

“If you stick around till lunch, I’ll share with you what I believe is the most important investment lesson in the world”, Warren Buffett told me (okay, and 40,000 others) in Omaha last weekend at the Berkshire Hathaway annual meeting. At which point my old man, an Omaha virgin, elbowed...

Investing (shares)

Why you should invest like a girl

It was  International Women’s Day last week, so I’d like to talk to you about a Q&A session I’m doing next week at a high school with a bunch of teenagers. I’ve done a lot of work in schools over the years, and here’s what I can tell you: if...

Investing (shares)

Whisky…as an Investment?

The Lord moves in mysterious ways. An interview I’d hoped to bring you this week fell over at the very last minute – leaving me staring at a blank screen. Yet in the darkness of my deadline, he reached out to me and sent a message from above. (Okay, it...

I Was Wrong

Today, I’m eating humble pie. I have to confess to you, dear reader, that a key ‘plank’ of the advice that I have written about for over a decade is, well, wrong. And it took a lovely couple to show me the error of my ways. For years, this young...

Investing (property)

How to save $83,913 on your home loan

Picture this: You walk up to your car and notice you’ve copped a parking ticket. Bastards! You swipe the ticket off your windshield and almost fall over. A $500 fine! WTF?! If you’re like most people, it’d give you the Kevin Rudds for the rest of the day. It might...

Investing (shares)

Today, I’m going to explain how you can make a lot of money

Were you “greedy when other people were fearful” (as Warren Buffett would say) when the market tanked this week? If you managed to scoop up some bargains you were no doubt patting yourself on the back for the rest of the week as Wall Street staged one of its strongest...

Investing (shares)

How to turn $1 into $930,550

Peter was in strife with his wife. I knew this because she emailed me for advice using the headline ‘My Husband Is an Idiot’. A few years ago, Peter, in his mid-forties, opened a Self Managed Super Fund (SMSF) with his wife, and invested the lot in gold. Today they’ve lost about $35,000, and his wife -- a nurse, who dutifully transferred out of a low-cost industry fund -- is livid.

Family and legacy

The 10 Million Dollar Question:Kidults and Money

I must have sat through hundreds of investment lectures in my lifetime - but there’s only one that literally made my jaw drop. Let me tell you about it. It happened a few weeks ago in Omaha, at a talk that featured Warren Buffett’s only daughter, Susie, answering questions from the audience. A young Asian kid put up his hand and asked, “What would you do if your father had given you $10 million on your eighteenth birthday?”