A deep dive on the issue surrounding independent financial advice from financial planners in Australia from Daniel Brammall, the President of Independent Financial Advisers.
We discussed the clear demarcation between independent advisers and those tied to specific institutions. The Royal Commission made significant changes to the industry which is adapting to become more professional.
I catch up with George Markoski, the Founder and CEO of Positive Property Solution Australia. We discuss the thorny question of property investing, and why so many investments fail, while others work well. What are the key metrics to consider, and what suburbs are best – and whats the minimum period realistically to see consistent returns? His answers may surprise you, as he speaks from his own experience across nearly 40 properties. We found common ground on many aspects of investing in property!
Note DFA has no commercial relationship with Positive Property Solutions and we are not endorsing his approach. As always it is important to research the specific characteristics of individual markets, and do you own due diligence.
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My latest Monday chat with Edwin Almeida, our property insider. We explore the latest property trends, plus the Wee Chat chatter and broader market dynamics.
As there are accounts impersonating Walk The World in the comments on YouTube, note that our comments will have a distinguishable verified symbol. And remember that we will never message you asking you to give us money or talk to us on other platforms such as WhatsApp or Telegram
Go to the Walk The World Universe at https://walktheworld.com.au/
The ABC recently reported that Nugget’s News CEO Alex Saunders is accused of not being able to repay money. The crypto influencer has allegedly told friends he is on repayment plans. Several tech companies have distanced themselves from Mr Saunders.
We discuss this in the light of the recent ASIC comments and the rise of CBDC. And importantly described our relationship such that it was with Mr Saunders, given we have over the years recorded a number of broad economic discussions for our two separate channels.
To be clear, we have NO commercial relationship with him, or his projects nor endorse his activities, wherever the truth may lay. And we have no inside information at all.
And of course we will not be making any further shows with him until the issues are fully resolved.
The latest edition of our finance and property news digest with a distinctively Australian flavour.
CONTENTS
0:00 Start 0:16 Introduction 0:55 Amazon Drop 2:09 US Consumer Spending 3:07 US GDP 3:31 Jobless Claims Up 4:13 FED Comments – Transitory? “ways to go…” 6:03 US Markets 07:25 Robinhood Markets Dismal IPO 14:40 Peaking Markets? 15:47 Oil 16:00 Iron Ore Drops 16:20 Gold 17:24 Bitcoin Back (for now) 17:52 Europe 20:07 Asia 22:10 Container Index 22:59 Australian Markets 27:00 Summary and Close
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My latest Friday afternoon chat with Journalist Tarric Brooker, as we consider the status of quantitative easing, political debate and economic data on China. Tarric is @AvidCommentator on Twitter.
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We look at the latest from the FOMC and press conference.
The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent and expects it will be appropriate to maintain this target range until labor market conditions have reached levels consistent with the Committee’s assessments of maximum employment and inflation has risen to 2 percent and is on track to moderately exceed 2 percent for some time.
Last December, the Committee indicated that it would continue to increase its holdings of Treasury securities by at least $80 billion per month and of agency mortgage‑backed securities by at least $40 billion per month until substantial further progress has been made toward its maximum employment and price stability goals.
According to the IMF the recovery is not assured until the pandemic is beaten back globally. And the COVID game is far from over.
In its latest Global Outlook, The International Monetary Fund maintained its outlook for the biggest rebound in global economic growth in four decades while changing underlying regional forecasts, with unequal access to vaccines further widening the recovery gap between advanced and developing economies.
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