OPINION

Certainty Blog

The Advice Yips…

Read Good Walk Spoiled? I reckon it’s a great book. It’s about golf, but really a story about characters. Characters under pressure. That’s golf – either a casual hit or a classic test of character. At the highest levels of the game, the classic tests can be...

Valuable Connections – The Future of Advice  

When we focus on ourselves, our world contracts as our problems and preoccupations loom large. But when we focus on others, our world expands. Our own problems drift to the periphery of the mind and so seem smaller, and we increase our capacity for connection. Daniel...

Financial Advice: A loss leader for lost leaders?

“Life moves on, and so should we.” Have you read Who Moved My Cheese by Spencer Johnson? It’s one of those annoyingly good books that easy to read, makes lots of good sense, yet hard to implement. It reminded me of the state of financial advice in Australia....

Can Financial Planning Firms Survive?

When do you know you are going out of business – just before you do. Why? Framing Bias. Amos Tversky and Daniel Kahneman explained this years ago. Basically, when options are framed positively, most of us have a natural bias to favour that option. Whereas when options...

Car Parking, Superannuation and Advice Fees

Our #2 Daughter, the family’s leading actress, recently flew off to find work hopefully in Netflix’s expanding presence in Vancouver, BC. Going for a couple of years, or longer based upon future stardom, the family wanted to hang around until her final few steps with...

How about we regulate the price of financial advice?

Paying for financial advice is like paying for electricity. Really? Yes, according to Alan Kohler, Editor-In-Chief at InvestSmart.com.au. Alan knows a thing or two about investing. His web page offers lots of investment options with a who’s who of experienced people...

Setting Better Standards

President Trump resets standards tweet by tweet. Telling four Democratic congresswomen to ‘go back’ to where they came sets new expectations of how the world’s most powerful office deals with a contrary opinion. Last week, new standards of governance were recommended...

The Big Short II, III, IV etc…

“At the end of the day, average people are going to be the ones; they are going to have to pay for all of this. Because they always, always do” ~ Mark Baum, played by Steve Carell in THE BIG SHORT.   We still don’t get it. Did you see or read The Big Short? Great...

The Advisers Netflix Moment

My eldest daughter loved her first job. It was in our local video store during her last years at high school. Way back, she was always the one we had to drag out of the place by the collar of her Wiggles dressing gown every family video night. Her joy working there...

What to learn about our financial lives from the pre-election polls

Another election, another upset, another realisation. The realisation is that the pre-election polls distracted everyone from what quiet Australians were thinking. They were out of touch and a significant distraction. So be careful when you hear the first promises the...

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