The Stupidest Thing You Can Do With Your Money – Freakonomics Radio

If you like a good podcast and you want to stop doing stupid things with your money, check out this episode from Freakonomics Radio.   We like this episode because it tells the same story we have been telling our clients for years. Thankfully they have been listening. The result – a successful investment experience. Image courtesy Read more…

Financial Planning with a Difference

[Rob]  I started HPH Solutions because I wanted to do financial planning in a different way. I really wanted to better serve the people that were trusting me for their financial advice. [Michael]  Helping people to plan and reach their financial potential so they have more choices and can pursue their dreams, what could be Read more…

How Much Should You Save for Retirement?

INTRODUCTION Most people ask themselves this question at some point in their working life (hopefully, relatively early). With the continued shift toward defined contribution plans, future retirees are being asked to take on more responsibility for their retirement outcomes than in the past. So the question is of vital importance. But do we have a Read more…

Over the Hedge

A recent press article said that with major risk assets looking “fully valued”, it was time to seek out alternative investments such as hedge funds. But those thinking of making that shift might want to look before they leap. According to consulting firm McKinsey and Co, hedge funds and other “alternative” investments will command up Read more…

6 Ways Money Can Buy Happiness

Whilst the Beatles sang “Money Can’t Buy Me Love” and that is probably true, it turns out that “Money CAN Buy Happiness”. Scientific research has concluded that it is how you spend your money that can affect your level of happiness, both positively and negatively. To help you spend your money wisely, here are six ways of doing Read more…

Great financial planning finally has a value: 23 per cent more in retirement

Financial planners are familiar with alpha and beta as drivers of long-term investment portfolio returns; but now there’s a third letter to add to the lexicon – gamma – and according to Morningstar, it’s the value created that can be directly attributed to sound financial planning. Portfolios optimised using five techniques identified by David Blanchett, Read more…

Investors, Connecting the Dots

Human beings love stories. But this innate tendency can lead us to imagine connections between events where none really exist. For financial journalists, this is a virtual job requirement. For investors, it can be a disaster. “The Australian dollar rose today after Westpac Bank dropped its forecast of further central bank interest rate cuts this Read more…

Financial Fashion Victim

The global fashion industry is fickle by nature, pushing and then pulling trends to keep hapless consumers forever turning over their wardrobes. Much of the financial services industry works the same way. Fashion designers, manufacturers and media operate by telling consumers what’s in vogue this year, thus artificially creating demand where none previously existed. What Read more…

Future Testing

Much financial news purports to be about the future but is really just an account of the past. As a result, many investors project what has already happened onto an imagined future. There’s another way of framing this problem. It’s understandable that investors, with the help of a necessarily short-term-focused media, will tend to focus Read more…