SMSF Investment StrategiesSharing Simple Strategies for Self Managed Super Funds
Saving is the new spending
“Saving is the new spending” is the tagline for Ubank, which is currently my favourite bank for my SMSF term deposits. I am not sure how true this is in Australia as the mood of the general public appears to be “relax, spend as the good times are coming back again”. Unemployment is down, our [...]
One year later
Firstly, I would like to apologize for not writing many new posts in the past two weeks as I have been focusing on writing an e-book on how to preparing an SMSF investment strategy, which I hope to publish on this site by April 1, 2010. Once again, many thanks to Dean Greacen from SMSF [...]
Robert Prechter’s 2010 forecast
Robert Prechter is a leading technical analyst and market forecaster who specialises in a technical analysis method called Elliott Wave Theory. In late February 2009, Prechter said “cover your shorts” and predicted a sharp rally that would take the DOW to the 10,000 level. That prediction came to pass. Watch the following video to find [...]
What Chinese Malls Tell Us about the Economic Reality
Below is an article from Elliott Wave International which I thought fits well into our series on China. For a short time only (until March 2, 2010) readers can also download a free report that will give you a perspective of global markets, including Australia, to help you shape your investment theme for 2010.
I am [...]
Year of the Tiger: expect loud roaring
Last Sunday, 14 February 2010 was the start of the Chinese Year of the Tiger. I received lots of emails and text messages from my Malaysian friends with wishes like “May you have a roaring start for the Year of the Tiger” or “May your year ahead roar with success”. I am not superstitious but [...]
Forget Greece, Dubai will default first
While all eyes are focused on Greece, Dubai is quietly trying to work out a deal to restructure USD 22 billion of debt that is coming due soon. Dubai World rocked global markets on Nov 25, 2009 with a request to delay repaying $26 billion in debt linked to its main property units Nakheel [...]
Should Australian investors worry about the European debt crisis?
Apparently not, if you read the local financial news. While the problems with Greece continue to dominate the headlines on international news portals, our headlines are focused on Australian company earnings. Yesterday the stock market celebrated our low unemployment rate and Rio Tinto’s great earnings report. After the Australian market had a 9% correction which [...]
Is there really an overcapacity problem in China?
I have been reading about the overcapacity problem in China in financial blogs for quite a few months now. I have seen youtube videos about empty cities in China but there were no hard numbers on how big a problem this is until Jim Chanos announced some findings from his research on China to the [...]
Australian house prices in 2010 – part 2
I don’t know if many people read or realised the significance of this low key article “Westpac tightens mortgage criteria“ in the Business Age two weeks ago. Basically what it said was that Westpac has lowered its loan-to-valuation ratios (LVR) for new full-documentation mortgage customers from 92% to 87%, including two per cent for lenders’ [...]
Making the right choices can be hard
Last year I went through a period of reckless eating and the result was I put on 5 kilos. When I realised that I can no longer fit into my size 10 jeans, I had two choices – either buy new size 12 jeans or lose weight. The first choice seems like the easy choice [...]
