What is index investing? Many investors shy away from index investing because they deem it to be too naïve for their investment purposes. There’s definitely a higher seduction factor associated…
DIY Financial Planning appears to be a low cost alternative There are a lot of smart people who make some rather dumb choices with respect to their finances. More often…
There are no orphan shares … A lot of what passes as serious investment commentary is simply “gobbledegook” i.e. nonsense or drivel. It defies share market realities and is at…
Protected Equity Products (PEPs) are heavily marketed at this time of year. They are promoted as an opportunity to benefit from share market growth, without the risk of losing capital. They involve borrowing up to 100% of the purchase price of a basket of shares for a minimum period (generally 3 - 5 years). You keep the dividends and any gains and are protected against investment loss.
Within a couple of weeks of each other in April and May, the two largest stock exchange listed managers of managed investment schemes (“MIS”), Timbercorp and Great Southern, went under. Most likely, shareholders will end up with nothing while creditors are almost certain to take a substantial haircut.