When building financial plans for families, we tend to find that educating children ranks highly on the list of priorities. The costs associated with primary and secondary school education will usually be funded from regular monthly household income. While there is a general awareness that third level education is different, often we find that families have not spent time to … [Read more...] about Planning for the Cost of Family Education
My Dad, who is now in his 80s, still loves it when he gets a dividend cheque in the post, especially if the cheque has grown by double digits compared to the previous year. Given his long term “buy and hold” approach, he almost pays more attention now to the growth in the dividend cheques than the daily movements in share prices. This got me thinking about his approach, and … [Read more...] about “It’s great to get a dividend cheque in the post”
If you have spent anytime time following Emerging Markets you will likely know that the key growth story in the developing world is the emergence of the middle class consumer. There are numerous studies published by investment banks, consulting firms and fund companies showing us how billions of people in developing countries are just now entering the middle class and … [Read more...] about The Great Confluence
Look up the International Monetary Fund/World Bank table of reserve assets and today’s Western investors might get something of a surprise – gold sits at the very top of that list. While gold remains the go-to primary reserve asset of the world’s central banks, global super rich, and even the developing world, for some strange reason the precious metal has long been shunned … [Read more...] about Missing a trick
Jack Bogle founder of Vanguard died in January, you may not have heard of him but he is one of the key figures of modern investment management. He helped create a global investment firm that has assets under management of $5.3 Trillion. That is such a staggering large number that a reference point might help. 1,000 seconds ago was equal to almost 17 minutes. It would take … [Read more...] about Thank you Jack Bogle!