Archive for November, 2009
A First For Australia »
The following is huge news for Australia. As you will see by reading the article Property has not been something Financial Planners in Australia could traditionally recommend (unless like me you also had a full real estate license). Property investment specialist "Quantum Group" has launched a real estate product for financial planners to [...]
10 Things The Expert Business Coaches Should Know »
I have been self employed for most of my working life apart from a small stint working as a General Business Account Manager for Telecom, even then, because I was a commission sales person, I considered myself to be the owner of a small business called Terry Rota, who just happened to contract to Telecom. During this time I’ve made my share [...]
A Hot Weekend And A Hot Market »
The weekend was one of those beautiful Bay of Plenty weekends you get at the start of summer and certainly one that makes me thankful that I live near the beach. As I was driving to Royal Palm Beach yesterday afternoon to drop my beautiful little boy home to his mum after a fantastic weekend I noticed that there are a lot more for sale [...]
Investing Lessons from Golf and Blackjack Players »
By Robert Huebscher The Lehman bankruptcy, which occurred over a year ago, was the nadir of a financial crisis brought on by excessive risk-taking throughout the investment industry. Naturally, reigning in risky behavior has been in vogue since, and regulators are hard at work trying to do just that wherever possible. Sometimes, however, the [...]
Consumer report questions answered »
Today I read the following article which had some responses to the mystery shopper article about Financial Planners. Personally the responses from the advisers shows why exactly we need to have better regulation in NZ. In Australia you would be able to present the kinds of documents that the advisers had which means it would not have been an [...]
Pocket Smith Is A Great Web Base Budgeting Tool »
PocketSmith works like any web-based calendar, except the events are financial. Put in your scheduled salary, bill payments, rent, and grocery bills; you can also make them repeat weekly, fortnightly or monthly. As you go, PocketSmith takes the events and generates you a 6 or 12 month cash forecast, with a daily predicted balance. Now you're [...]
It’s Over »
Warren Buffett, perhaps the world's most admired investor, said the financial panic that gripped the globe last year is a thing of the past, even as the U.S. economy's struggles persist. The financial panic is behind us," the world's second-richest person said at Columbia University's business school. "Our economy was sputtering, still is [...]
Sound Financial Advice »
Again this is something that I think New Zealand has a long way to go with however it is difficult when people who need the advice the most will not pay for it but end up paying for it in financial losses instead. It is an expensive business to be in Financial Planning. I have done the usual and made my comments in the following article [...]
A Dream World »
The ability to articulate your goals is an important part of Financial Planning. You see we create a Financial Plan to help us determine where we want to be at any particular point in time and part of wanting to be at a particular financial position as a particular time is because we have goals and dreams that we want to achieve, otherwise why [...]
A good plan is like a road map: it shows the final »
A good plan is like a road map: it shows the final destination and usually the best way to get there. Isn't that the truth.
