by Nick Rainsford | 8 Feb 2016 | Business, General, Home loans, Investments, SMSF, Uncategorized
Two weeks ago Japan did something to its economy the effects of which will be felt all over the world. It dropped it’s official interest rates from zero to negative. Why? To answer that question we need to take a trip down memory lane. Kill Me Now! – Unknown...
by Nick Rainsford | 1 Feb 2016 | Business, General, Home loans, Investments, SMSF
In the main, financial markets have – over time – developed pricing mechanisms to cater for risk and service. Price is used in banking as a risk differentiator. As we saw in the recent movie “The Big Short” not all of it works well but if you compare it to other...
by Nick Rainsford | 18 Jan 2016 | Business, General, Home loans, Investments, SMSF
Markets can remain irrational longer than you can remain solvent. Markets can remain irrational longer than you can remain solvent. – John Maynard Keynes. It is a valuable lesson for the second largest economy on the planet, more specifically, it’s investors....
by Nick Rainsford | 18 Jan 2016 | Business, General, Home loans, Investments, Leasing, SMSF
In past articles I have written about how banks have been forced to become more conservative in their residential property lending. They have generally done this by reducing LVR’s tightening servicing requirements, increasing living expenses and using price as a way...
by Nick Rainsford | 11 Jan 2016 | Business, General, Home loans, Investments, SMSF, Uncategorized
To quote Polonius more completely than the title suggests: Neither a borrower nor a lender be For loan oft loses both itself and friend, And borrowing dulls the edge of husbandry. William Shakespeare, ca. 1598, Hamlet Act 1, Scene 3 When Hamlet was first performed in...
by Nick Rainsford | 14 Dec 2015 | Business, General, Home loans, Investments, SMSF, Uncategorized
“Labour cost pressures remain weak (Graph 5.7). The wage price index (WPI) increased by 0.6 per cent in the June quarter and by 2.3 per cent over the year – the lowest annual outcome since the index was first published in the late 1990s.” This is a direct quote from...
