SMSF Investment StrategiesSharing Simple Strategies for Self Managed Super Funds
Big week for super
The long awaited government response to the Henry Tax Review was finally announced yesterday and the proposed changes for super were not as bad as we expected. For us personally, there was no extra benefit but I do think that it will benefit most Australians. Some of the main changes in government policies announced this [...]
Contagion has begun
Back in February 2010 when I wrote my first blog post about the Greek debt crisis, Australian financial advisers were assuring everyone that this crisis is self-contained and unlikely to spread through the global financial system. When the Greek crisis started, everyone assumed that Greece would get bailed out and that would be end of [...]
Slow motion train wreck picks up speed
The Greek debt crisis has been compared with a “slow motion train wreck”. Everyone can see that the fiscal spending in Greece is unsustainable and a fatal crash will result if action is not taken soon. You don’t need to be a financial expert to know that if you constantly spend more than you earn, [...]
Turning point reached in market rally
I was planning to write a blog post last Friday to point out that both the DOW and S&P 500 have almost reached the 61.8% Fibonacci retracement level as shown the chart of the S&P500 above. Technical analysts believe that the Fibonacci retracement levels are potential turning points in markets as mentioned in my earlier [...]
Bank for International Settlement report does not bode well for world economy
I normally don’t write blog posts on the weekends but I feel I should get this post out sooner rather than later because some of the information may be time critical.
Warning: this is long blog post with few pictures.
A friend of mine recently asked me why I was still bearish about the stock market. Like [...]
Rising bond yields – any cause for concern?
On Monday 5 April 2010, the 10 year US treasury bond yields crossed 4% for the first time since June 2009 (see chart of $TNX below). Bulls believe this is a good sign. Bond yields typically rise and bond prices fall when the economy improves because investors will pull money out of safe, government-backed bonds [...]
Australian house prices in 2010, part 3
I just had an “aha” moment this week about the Australian housing “puzzle” which I would like to share with you. For the past few months I have been puzzled by some of the data that I have seeing about property sales. We see record auction clearance rates yet the number of home loans have [...]
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 [...]
