A lot of people move to the south coast to retire. Many are looking for a way to finance their retirement, or perhaps supplement their pension - particularly those who received a golden handshake as part of their retirement package. With interest rates at historic lows, and the housing market losing ground in the last couple of years, finding a good reliable form of income to fund (or supplement) your retirement is becoming a tricky business. One of the more reliable and pro
Bill Radley, Convenor of the South Coast ASA Discussion Group offers a reminder that the next meeting of the South Coast ASA group is on THIS WEDNESDAY 09 January. Usual venue.at 2.00pm, Secondly, and most importantly, he presents an idea for the meeting on Wednesday. "Most of you, like me, are watching the stock market unravel at the moment. Every day another scary story. Yesterday it was Apple's turn. What next?. Journalists are great at creating horror stories, but w
I hope you are all sitting tight with fingers crossed as the ASX relentlessly and brainlessly follows the Dow roller coaster over the past couple of days. Anyone who still doubts that investing is not 80% psychology and only 20% finance must be watching this market with baited breath. All the news outlets seeming to be saying how good the economy is (the finance bit), while the stock market does cartwheels based on psychology of fear (of further falls that are "well overdue"
Just a reminder that our next meeting is TOMORROW 17 October at 2.00pm at our normal venue. I will be giving an introductory presentation on the Psychology of Investing - in particular, how do our own personality traits affect the decisions we make as an investor. Just as a matter of interest, I have also attached a copy of the group share portfolio (part 1 and 2 - they wont all fit on one sheet). You will notice that the total portfolio is up over 7% since 01 July 2017, with
The Australian Shareholders’ Association (ASA) is holding a hybrid AGM on 10th May, leading the way in showing the listed entities in which its members invest how to hold a contemporary AGM utilising technology. A hybrid AGM allows the ASA members to either attend physically or online. Irrespective of whether they are in the same room as the directors of ASA or participating via a smart phone, tablet, laptop or PC, the ASA members can ask questions of the board and vote. All
We sometimes assume that retiring in Australia means sharpening your pencil and trying to live on the Aged Pension. Apparently not so, according to some fairly recent research. According to this research, one in four retirees in Australia rely entirely on their savings to fund their retirement - and a further one in three rely mostly or partly on their savings to fund their retirement (source: Commission of Audit 2014, http://www.aist.asn.au). With increasing compulsory supe
The Share market - A Learners Guide (Part 1) I was recently asked "How do you get started as in investor in the Share market". That question has many similarities to that old saying about ways to skin the proverbial cat. The Share market is a large, complicated and sometimes daunting field. There are over 2500 stocks listed on the Australian Stock Exchange, and every stock has different investment features. For the budding investor it can all look a bit overwhelming.
With the news and controversy over the recent cuts to the Aged Pension (and other welfare payments), there is another side to this topic for retirees. Without the Aged Pension how can you afford to retire? When you reach retirement age and stop working, the regular income from employment suddenly stops. Retirement brings the need for a new source of regular income - maybe the Aged Pension (or part of), superannuation payment(s) from previous employment, or some form of self
The inaugural meeting of the South Coast Australian Shareholders Association (ASA) South Coast NSW Held was held at Catalina Club, Batemans Bay on Wednesday 18.01.17 with a very pleasing turnout.
The next meeting is already planned and scheduled for 2:30 PM on Wednesday 8 February, at the Bay Link Community Meeting room in the Bay Link Centre, Bateman's Bay. The South Coast of NSW has a large population of retired and semi-retired people, many thousands of whom are mum and
AUSTRALIAN SHAREHOLDERS’ ASSOCIATION forms local coffee discussion group
ASA Director, Betty Clarke-Wood, has been working with local members to launch a new discussion group for ASA at Batemans Bay for the benefit of investors on the South Coast. This has been well received by a small group of enthusiastic and interested members.
The aim is to provide a social, intimate, non-threatening environment where members are free to share investment experiences, ask questions and