Getting Started

A high income does not imply high wealth

By Wealth Foundations In the past we have examined the progress toward financial independence being made by the wealthiest 20% of Australian households, with wealth measured alternatively by household net worth and household gross income. We found that the net worth measure of wealth was a better indicator of current financial independence than was household…

Accountants Are Not Always People You Can Trust

Something seems out of whack when you can buy a new push bike for your child for the same price it costs an accountant to leave ‘please call me back’ messages on your voicemail. Push bike versus empty voicemail messages? Hmmm…which offers more value? Something seems out of whack when an accountant can bill indiscriminately…

Do I pay capital gains tax on inherited Aussie stocks if I live overseas?

Question: I am an Australian citizen who has lived overseas for a number of years. I have recently inherited a number of Australian shares from my father’s estate. (Nothing has gone through yet) I am told that I am required to pay CGT to the Australian Government, being an overseas resident. If so, how much…

Do dud mining IPOs signal the end of a boom?

Leading private commodities producer and marketer Glencore raised $10 billion when it went public on the London Stock Exchange (LSE) in May this year with a market cap of $60 billion. The Swiss based mega-mining investment company was the largest international listing on the LSE and the first company to gain instant admission to the…

Test for Alvin

The mining boom is behind a top performing materials sector. According to Standard & Poor’s, the materials sector has delivered an annualised return of 10.99 per cent for the 12 months to March 31, 2011 compared with a negative annualised return of .77 per cent for the S&P/ASX 200. Over five years, the materials sector…

Are Dividend Paying Shares the Safest of All?

Retail investors of all types frequently prowl the ASX in search of safer shares.  Even the most aggressive and experienced retail investors sometimes tire of the relentless pounding their investments take during turbulent market conditions.  Cautious new investors as well as investors whose goals call for stability rather than growth look to shares where safety…

How to set up a watchlist

What progress have watchlists made! From the yellow pad and end-of-day newspaper quotes to instantaneous online watchlists that transverse a multitude of search criteria: sectors, market capitalisation, growth, moving averages or trading volume. All this could be at your fingertips, for free, in just few seconds. For decades, stocks have been the most popular investment…

Get Started Investing Today – But How?

Once upon a time, legendary investor Baron Rothschild was asked the secret of his success; to which he supposedly replied: “I never buy at the bottom and I always sell too soon.” Whether he actually said that or not, the comment speaks to the need to make use of a strategy to guide investing decisions. …