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It’s all bad until it’s good.

  • Willard Lloyd
  • February 7, 2020
Reading Time: < 1 minute

Infodemic”: an over-abundance of information, some accurate and some not, that makes it hard for people to find trustworthy sources and reliable guidance when they need it.


Understanding the abundance of information we’re exposed to these days and how it is, proverbially, jammed into our (multiple) screens might have at least something to do with the level of panic seen of the current novel Coronavirus .

Just as China didn’t consume nearly as much of Australia’s iron ore as it did when SARS hit in 2002-03, or send as many tourists and students Down Under, the world didn’t spread information (good and bad) through platforms such as Twitter and Facebook… they didn’t exist.


Factors as large as Coronavirus are under-worried about until they are over-worried about – a vaccine may become available sooner and then it’s on to the next “bad thing.”


The constant news feed has certainly translated into financial markets taking a hit, almost -10% across the Asian region.


To be fair, the level of instability is already apparent and is no doubt a cause to recent increase in volatility. However, having suggested for some time the level of volatility over the coming period to be more pronounced – we just don’t know from where this volatility comes, this time an “infodemic” of sorts.


In light of future growth, preservation is the number one priority.


Keep a level head, stay the course.

42. Risk in Industry Funds

  • Willard Lloyd
  • January 16, 2020
Reading Time: < 1 minute

This weeks podcast goes down an avenue we hold to and ensure this is one of the reasons we feel so against industry funds as they “compare the pair” and only basing this on the return, not the underlying assets and the exposure to risk by the fund.

Tony and Jamie discuss the definition of liquidity and why it has been so important in a portfolio.

Liquidity risk is not felt until markets are under pressure and failing, If illiquid assets represent a large proportion of a portfolio, there is a risk that clients may not be able to access their money when they want it. Tony gives an example of this and more through this podcast.

37. Hurdles with Michael Lagudi

  • Willard Lloyd
  • December 3, 2019
Reading Time: < 1 minute

Michael Lagudi. National Manager of Investment Solutions, Morningstar.

Having the world at his feet in what he explains as the perfect life, to a diagnosis. Michael shares the emotional experience of the process through Stage 4 Cancer and how a positive mindset and financial protection ensured his survival.

What the election could mean for your Investments.

Reading Time: 6 minutes

The final days are drawing near as Australia readies itself to vote.

The tax has been one of the main battlegrounds for the two major parties, with Labor’s proposed taxation policies set to make sweeping changes to franking credits, capital gains tax and negative gearing.

Here’s Kofkin Bond & Co’s guide to what the proposed changes could mean for you if Labor gets elected.

·        Franking Credits

·        Capital Gains Tax

·        Negative Gearing


There is a popular phrase thrown around by teenagers that also applies to investors: FOMO (fear of missing out)

Reading Time: 2 minutes

Recently, we have been closely watching market valuations that have been indicating overpriced equity markets and it has us concerned. I liken the current state of the markets to that of the movie, The Big Short, which was based on   the GFC (Global Financial Crisis) (If you haven’t seen the movie and would like to know what’s happening in our current markets I urge ask you to watch it this weekend.)

Although we still have exposure to some growth assets including certain shares in both Australia and various regions, Having watched people’s wealth being destroyed during the GFC, has made us overly conservative has made us highly conservative for two reasons:

  1. Our job is to preserve our client’s wealth during both good and bad times
  2. If the bad times occur, we don’t want to be in a position where we simply must ride out the loss of capital. We strive to be in a position to be able to buy, great, however,  oversold, assets with cash.

Financial and Physical wellness go hand in hand

Reading Time: 3 minutes

You have probably heard of the significant benefits associated with workplace wellness programs; perhaps you have even implemented one in your organization. What many employers (and others) don’t realize is that financial wellness is just as important as physical wellness. In fact, employees who struggle from financial trouble are often more likely to have less focus at work, an unhealthier lifestyle and higher medical costs. Incorporating a financial component to your wellness program can be a strategic move that both your budget and your employees will appreciate.