Oliver's Insights for January 2013
This note looks at the deal to avert the US fiscal cliff along with its debt ceiling and broader economic outlook. Generally pretty positive for 2013 (easy reading). Enjoy! Rick Maggi. Read here
26/07/13: The Vanguard Index Chart 2012-13 (Westmount Clients Only)
Some eye candy...
Every year Vanguard releases it's 'Vanguard Index Chart' and it's always worth a look. The chart illustrates what the value of $10,000 invested twenty years ago might be worth today had you invested in various sectors such as Australian shares, commercial property, cash etc. Along the twenty-year journey you see the impact of important events (both positive and negative) such as 9/11, US subprime and the Japanese Tsunami on markets and the value of the original investment. Vanguard also includes a second graph, called 'the power of diversification' which shows the performance of each sector in percentage terms, every year, for the last twenty years.
Seeing visual proof of market volatility (all of them), each having their day in the sun, followed by less than happy times, serves as a potent reminder of the importance of diversification and patience. We can all do with some gentle encouragement, especially during tougher, challenging times, so I like to keep this chart on my wall! Rick Maggi. View charts here
26/07/13: New normal, old story
'Outside the Flags' by Dimensional VP, Jim Parker
"Low returns are shaping as the new normal" That was the headline in The Australian Financial Review in early July 2012 in anticipation of another grim year on global equity markets for Australian investors. How did that forecast turn out? Rick Maggi Read more here
25/07/13: Investment outlook after a strong financial year
Dr Shane Oliver...
The last financial year saw returns of over 20% from Australian and global shares, so what's in store for 2013/14? Rick Maggi Read more here
12/07/13: Second guessing
A commentary from Dimensional's Jim Parker...
Markets have had a rocky time lately. Is this something to worry about? Rick Maggi Read here
02/07/13: Happy New Year!
New Financial Year. Fresh Start.
Want to be kept informed in real-time? Tired of stale, irrelevant websites and blogs? Subscribe to our free updates here. Happy New Year! Rick Maggi & Staff.
13/06/13: Jumping off the Currency Cart
Why should it matter to you as an investor?
In this brief article, Dimensional's Jim Parker comments on currency speculators and just how spectacularly wrong most individual and professional investors get it. A good read. Rick Maggi. Jumping Off the Currency Cart
02/05/13: Japan's monetary easing and global markets
What are the implications for Australia?
Following the recent changes to Japan's monetary policy, AMP Capital's Dr Shane Oliver discusses it's implications for global share markets. Rick Maggi. Watch Now
12/04/13: Are we in for another bout of weakness?
Olivers Insights
After a strong start to the year, share markets have had a few wobbles lately and bonds have rallied again. Sell in May and go away? Rick Maggi. Read more here
20/03/13: Running to Stand Still
'Outside The Flags' (Jim Parker, Dimensional)
Trying to correctly time your entry point to the market is never easy. Just ask the experts. This brief article written by Jim Parker, VP of Dimensional (DFA) Australia, is another reminder of the perils of market timing. Let me know if you'd like a copy of Jim Parker's book 'Outside the Flags' - an easy, enjoyable read. Rick Maggi. Read 'Running to Stand Still'
01/03/13: A new long-term bull market edging closer...
...but may be somewhat constrained
This is a fascinating article from AMP Capital's Dr Shane Oliver, which suggests that the long-term 'secular bear market' which has plagued investors since the year 2000 is about to end, making way for a new longer running bull market, but with some limitations. Worth a read. Rick Maggi. Read here... Bull market getting closer
06/02/13: Shares, property, bonds or cash?
Which way to go?
In this easy to understand article, AMP Capital's Dr Shane Oliver discusses the four investments options and their possible performance over the next few years. The second article takes a look at the current share market 'boom' and it's potential to be longer lasting than past recoveries. Rick Maggi
Shares, Property, Bonds or Cash? Shares: How Long Can It Last?
18/12/12: Outlook for 2013.
Olivers Insights
An excellent overview of 2012 and a refreshingly bold attempt to map out the next twelve months, by AMP Capital's Dr Shane Oliver. Take a close look at the table of investment returns and forecasts. Enjoy! Rick Maggi
02/04/12: April 2012 Snapshot
Today's cost of living: it's a mixed bag
Few dinner table conversations pass without some mention of the high cost of petrol at the local bowser, hikes in gas and electricity prices, or the cost of fruit and vegetables - it's almost a national pastime. Rick Maggi