by Troy MacMillan | Jun 9, 2020 | Budget, Economy, Family, Investment
Investopedia tells us that an opportunity cost is the benefit an individual misses out on when choosing one alternative over another. When you have multiple options available to you, understanding potential missed opportunities can help you make better decisions....
by Troy MacMillan | May 8, 2020 | Budget, Economy, Family, Investment
The coronavirus pandemic is leaving its mark on Australia. With millions out of work and savings quickly drying up, many are tapping into their superannuation early just to make ends meet. Early access is being granted by a new government scheme designed to help...
by Troy MacMillan | Apr 28, 2020 | Economy, Family, Investment
The financial market meltdown of the past two months has everyone interested in liquidity again. Staying liquid was an afterthought in 2019 as global equity markets surged to record highs. But as coronavirus ravaged stocks—to the tune of trillions—capital preservation...
by Troy MacMillan | Apr 20, 2020 | Economy, Family, Investment
The coronavirus pandemic has thrown the global marketplace into a tailspin. I have clients contacting me daily asking about their portfolios and whether they should sell now before losing their life savings. Now more than ever, financial advisers have to assume the...
by Troy MacMillan | Feb 19, 2020 | Budget, Economy, Investment
Here’s an interesting thought experiment: If you had all the money in the world, what would you buy? Your knee-jerk reaction is probably to list off a bunch of stuff you’ve always wanted. Mansions, yachts, cars, private jets, endless resorts and vacation. But the...
by Troy MacMillan | Dec 9, 2019 | Brand, Budget, Investment
Have you ever dealt with a financial adviser who’s more interested in selling you products than finding the best solutions for you? Well, you’re not alone. Australia’s financial services industry is awash with advisers who view you as a ticket to recurring revenue....
