Pete is a Chartered Accountant, Chartered Secretary and has a Financial Planning Diploma. Using a long term approach to building businesses, investing in equities, & owning a portfolio he achieved financial independence at the age of 33. Visit his blog
Did you know that units outperformed houses in 2017? Probably not quite a result to fit the prevailing narrative! But the combined capital city unit price rose by +5.1 per cent in 2017, comfortably outperforming house prices at +4 per cent (with the usual lengthy disclaimers about methodology, margins for error, and mile-wide variations across…
2018 will be a year in which it will pay to shop around, not only for discounts in the ultra-competitive retail space, but also for home loans with mortgage rates now ranging significantly between all the various products. Interest paid on dwellings declined again in the third quarter of calendar year 2017 as further borrowers…
What do fund managers tell us to do? Buy and hold, ride out the bumps, stay invested for the long term. But behind the façade, do they practice what they preach? NO – they buy-sell-buy-sell-buy-sell in a frantic and desperate bid to top the performance tables for the next quarter. That’s why they under-perform the…
