Risk is fear of loss but that fear is not the same for everyone. This makes risk a subjective concept. What is perceived as high risk and uncomfortable by one person may be perceived as low risk and feel very comfortable to another. When financial advisers offer advice or recommend a financial product, they must […]
For most people, divorce is an unpleasant experience. However, it pays to be cooperative in the process. The more acrimonious a divorce is, the more expensive it tends to be. Divorce is a direct path to the poorhouse for many as the same income has to support two households instead of one. It is often […]
Business building Thank you so much Susan Cain for having the courage to so ably represent us. Introverts have such great business ideas but also have great difficulty promoting them. We create businesses that stay too long in the shadows, relatively unknown. We love the technical stuff but dislike the promotional stuff. Networking and public […]
Business coaching Brisbane When you start a new business, there are several challenges to face and money is not the most important. When starting out, you are likely to be on your own and running your business on the total sum of your own knowledge and experience. If you have never been in business before […]
Whether we are employed or business building or both, we all face the same problem. That is, how to finance that period of our lives from so-called ‘retirement age’ to the day we die. For many, superannuation will only be part of the story. For the majority of Australians approaching retirement age, work super will […]
Financial planning is a poorly understood concept that for many people is too expensive and overshadowed by adviser mistrust. Many avoid financial planners because they believe that they will be sold a commission based financial product that they don’t really want, without being any better off financially. It may be more intuitive to refer to […]
Business coaching Brisbane There’s a great article in the Sydney Morning Herald headed “The Five Biggest Money Mistakes”. It is worth reading. http://www.smh.com.au/money/planning/the-five-biggest-money-mistakes-20120128-1qmxr.html But wait there’s more … Here are five (5) more Be aware that this is by no means an exhaustive list. I could go on, … and on! 1. Not seeking or […]
business building Most small to medium businesses have only limited resources, so you and I as owners are not only busy but have to be multi-talented as well. There is a lot to do in a day but still there has to be a sharp focus on which activities are most directly related to bringing […]
Business coaching Brisbane This is a question worth pondering. Going bigger in business is not always better. Your business only has to be big enough. But big enough for what I hear you think! Big enough to achieve the goals you set at the start. The ideal size of your business is something that should […]
Business coaching Brisbane As we live longer and work less, reliance on superannuation alone to provide an income in retirement looks increasingly bleak. Time spent in retirement or at least away from full time work could be up to 35 years. For many people, time in retirement will equal or exceed time at work. Financing […]