Articles by Pete Wargent

Pete Wargent

Pete Wargent is a Chartered Accountant, Chartered Secretary and has a Financial Planning Diploma. He’s achieved financial freedom at the age of 33 - as detailed in his book ‘Get a Financial Grip – A Simple Plan for Financial Freedom’. Pete now manages his investment portfolio, travels and works as a consultant in the finance industry from time to time. Visit his blog


Business People Corporate Success Concept
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Stats show we’ve built too many apartments and not enough houses

6.75 million families; not enough houses The ABS recently released its annual figures on families. In short, however, over the last four years there are 401,800 additional families in Australia. This takes the total number of families up to 6.75 million, making the family unit the key home buying cohort. The biggest increases were seen…

risk investment market
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What Property Investors Need To Know About Imperfect Markets

Do you understand the difference between rational and imperfect markets? In a perfect capital market, the Efficient Market Hypothesis (EMT) states that all publicly available information is instantly priced into a security by rational investors. The perfect capital market doesn’t quite hold true, for a number of reasons. There are transaction costs and taxes which…

investment
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Are investment markets rational and efficient?

In the 1960s celebrated American economist Eugene Fama conceived his Efficient Market Theory (EMT), a hypothesis which promoted that investment markets are ‘informationally efficient’ – that all publicly available information is rationally processed by investors and reflected in the price of a security or asset.  It’s an intriguing idea, yet the theory was effectively disproved…