SMSF Investment StrategiesSharing Simple Strategies for Self Managed Super Funds
More reasons to be optimistic
I was quite excited today when I read that even perma-bear David Rosenberg is turning bullish. David’s bullish expectation is based on the Republicans winning the US elections. I spent some time over the long weekend reading about Mitt Romney, who is slowly but surely emerging as the Republican candidate for the US Presidency. From [...]
Greek Endgame Drags On
I started writing this post from the Kuching airport, after a ten day visit to my parent’s house. This visit is vastly different from my last one in March this year when I first discovered the full extent of my parents’ dementia. After the initial shock, all the siblings have put our heads together to [...]
Why Australians should care about Dexia
You are not alone if you are asking who the heck is Dexia, let alone why should anyone care about this European bank that nobody has heard about? Well, Dexia was the reason behind the latest round of share market panic. It is a major player in the $2.9 trillion global municipal debt market. To [...]
Should we worry more about the US or Europe debt crisis?
The stock market volatility in the last two weeks has been mainly due to worries over debt defaults in the US and Europe. Last week our stock market followed the US market in falling over 10 percent in one week over worries about the US debt ceiling and the downgrade of their AAA rating by [...]
Outlook for second half of 2011
As the 2011 financial year draws to a close, it is time to take stock of what has happened in the first half of the year and think about what could be in store for the rest of the year. As I look back at what I wrote in January, the mood then was bullish [...]
End of the road draws nigh for Greece
On May 10, 2010, the IMF/EU announced their “shock and awe” €750bn bailout package for Greece and other troubled European countries. This bailout was equivalent to allowing Greece to do a credit card “balance transfer” to a lender who was prepared to give them a special rate on existing debt. It did not solve Greece’s [...]
Bullish 2011 unless Day of Reckoning comes
The market commentary is rife with predictions for 2011 and the consensus call is for a bullish double digit gain in the stock market. With over $900 billion of fiscal stimulus from tax cuts and over $600 billion in monetary stimulus from QE2, this looks like a logical call especially for the US market. We [...]
Parity Party over?
A few interesting developments have occurred on the currency front in the past couple of weeks so today I thought I would provide a quick update on what has been happening to the Aussie and US dollar. On November 3, right after the confirmation of QE2 by the US Fed, the Aussie dollar popped convincingly [...]
Without the rich miners to foot the bill, who will?
What a week we’ve had! Since last Friday, we have had a series of unexpected losses. Two top CEOs resigned unexpectedly, the entire board of a major mining company was lost in a plane crash in Africa, and as if that was not enough shock, we lost Kevin Rudd as our Prime Minister yesterday! Yesterday [...]
My favourite information sources – Part 2
In Part 2 of this series, we continue with more of my favourite sources of fundamental information. Another book that has greatly increased our understanding of what to expect in the future is Harry Dent’s The Great Depression Ahead: How to Prosper in the Debt Crisis of 2010 – 2012. He bases his predictions for [...]
