Ethical Superannuation?

Ethical Superannuation?

A friend asked me to look at www.australianethical.com.au for your superannuation, I wasn’t very impressed. Maybe ethical for companies, but what about retirees? 1 – Fees are too high MySuper balanced option total fees are (1.134%). The lowest fees are Hostplus –...
Super Ripoff!

Super Ripoff!

Recently the Murray Report found that Australian’s are paying double the fees of other Western countries for their retirement. That’s costing us $20 billion dollars each year, or an average of $1100 each! Why are Aussies being so badly ripped off? Well we could blame...

Financial advisors do not care about you

You are the only person responsible for your financial future. If it all goes belly up YOU are to blame. Even if you have been given dodgy advice from a financial manager, it’s upto you to do your homework and take responsibility for your investment choices. Do you...

You Get What You Pay For, don’t you?

Just because something is expensive does not mean it is better. Cost is actually now part of the marketing of some products, for example Stella Artois does not hide this fact with the tag line ‘reassuringly expensive’ – think about: Expensive wine –...

The Joy of Index Investing

I’m a big fan of index investing, It’s the secret weapon that gives the average Joe the ability to play with and soundly beat the big bully’s of the investment world.   What is an Index? Companies comprising an Index have to be ordered by a criteria,...