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 | 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 | 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....
by Troy MacMillan | Apr 1, 2019 | Investment
My original intention was to come up with a list of investment scams that have occurred in Australia over the last decade or so, but I got a little sidetracked. Here’s why. When I decided to write this article, I jumped online to do a little Googling. When I typed in...