Your Money: Blog Alman Partners

Fearing the Finish

Have you ever considered the psychological impact of moving from

Superannuation Mackay - hand holding gold coins with plant sprouting from them to indicate growing your super

From Rags to Riches to Rags

Among wealth advisers there is a saying, the first generation makes it, the second spends it and the third blows it.

Behind the Scenes

In March this year, Lia, Kelsey and Paul attended a

Who said you can’t beat the market

Over the years, our firm has argued that it is

AP Bear Award 2016 Winner - Alman Partners True Wealth Mackay & Brisbane

AP Bear Photo of the Year Award – Winner

Drum roll please….. and the winner is Tony & Marina

AP Bear Award 2016 - Alman Partners True Wealth Mackay & Brisbane

AP Bear Photo of the Year 2016 Award

AP Bear again saw some fascinating sights in 2016. From

Putting the human into investing

What’s the ideal investment strategy? Is now a good time to be in shares? How do you get a decent return on cash investments? Should currency risk be hedged?

Questions of this kind, often seen in the financial media, tend to confuse means with ends. The answer in every case is “it depends”.

What happens if you miss the best 25 days of returns on the Australian Share Market?

At Alman Partners True Wealth we have always advocated our clients to be diversified and patient investors. In the example below, this portfolio is invested into the top 300 Australian shares be size. If you stayed invested for the full time you received an 8% annualised return. If you missed the best 25 days your return dropped to less than 1%.

Buy Blue Chips

Every night on the TV finance news, you’ll hear about the ups and downs of household name stocks, like the big four banks, Telstra, CSL, Wesfarmers, Woolworths, BHP Billiton and Rio Tinto. But the market is more than that handful of names.

How do you break a bad investment habit?

Bad investment habits are the norm, not the exception. They include panicking and bailing out at generational market lows, like what too many did in 2009. Conversely, the same people often buy aggressively into market bubbles, like the technology debacle at the turn of this century.

Often these behaviours are the result of conditioned responses. We can have both good and bad investment habits. The key takeaway is understanding how they are created.

In his excellent book, The Power of Habit, Charles Duhigg explains why we continue to do self-destructive things. According to Duhigg, there are three components to forming a habit: cue, routine and reward.