5 Reasons to Give Up On Active Investing

"Active management is little more than a gigantic con game." Ron Ross, Ph.D We all want to be better than average, it makes us feel smarter. Who hasn't been enticed by a big glossy ad from a fund manager showing their amazing outperformance over the previous 1 or 3 or whatever number of years. If only … Continue reading 5 Reasons to Give Up On Active Investing

A Positive Start to the Year

After another tough year for sharemarket investors, 2012 has started on a better note. We’ve seen more positive data from the US and China however concerns remain over the state of the European debt crisis. In Australia corporate earnings have been reasonably good although some sectors such as discretionary retail have struggled. Australian shares are offering … Continue reading A Positive Start to the Year

Fearless Forecasts for 2012

Well it's the time of year to be guessing what might happen in the next 12 months. There are tips on what's in store for technology, the grand final winners and of course the sharemarket. The major newspapers and investment magazines contain various predictions for where the ASX will finish 2012. But how useful is it? … Continue reading Fearless Forecasts for 2012

Further Market Update

In the US overnight the Dow jumped almost 4% to finish back above 11,000 points. This came after a  Federal Reserve announcement that its benchmark interest rate will remain near zero percent until 2013.  The Australian sharemarket closed up on Tuesday afternoon by just over one percent after spending most of the day in the red. Thoughts … Continue reading Further Market Update

Market Update

We have spoken to leading asset consultant, Russell Investments, who continue to monitor the economic situation and they have provided us with the following information. Market Action A gloomy global economic outlook sent investors on a mass exodus out of risky markets Thursday and into the refuge ofUSgovernment debt, sending yields to yet another round … Continue reading Market Update