The Independent Adviser

Independent Investment Advice

What I learned about Investing from Metallica & Megadeth

In the early 1980s, a talented young guitarist was kicked out of his band. The band had just been signed to their first record contract, and they were preparing to record their first album. A week before recording began, they fired the guitarist. There was no warning, no discussion. The...

Labor Changes for Investors

The proposed changes affecting investors if Labor are elected federally involve negative gearing constraints, less capital gains tax concessions and no longer refunding franking credits for those who don’t pay tax. Before we recap on the detail of the proposed Labor changes, let’s recall the background. In 2010, the Henry...

Top 5 Investor Insights For 2019

2018 was another interesting year for investors with particularly volatile markets since October! So how does 2019 bode for investors?   No more ‘easy money’ The market significantly shifted its thinking on interest rates and monetary policy during 2018. Since the GFC 10 years ago, global central banks busily stimulated...

Patience Pays

For investors, there is always something to worry about but history shows the huge benefit of long-term investing. For over 140 years, our Australian stock market made positive returns 80% of the time. Over that time the average growth rate has been 8-9% p.a., including 4.5% dividend and despite some...

Young, Growing India

China and India are the two most highly populated countries in the world.  Like China, India will become a global economic powerhouse over the next 30 years. But unlike China, India is a democracy. Though its wealth is smaller than China’s, it is now growing faster with a much younger...

Investing in Energy

After a decade of divisive politics and no consistent energy policy, business is crying out for reliable consensus. When common sense eventually prevails – solar, wind and batteries seem likely to drive Australia’s future energy as coal diminishes significantly past 2030. Energy companies are aware of this and despite an...

Misconduct amid Poor Governance

The image of financial planners has taken a battering for years at the hands of institutions seeking to sell product under the guise of advice. It began in 1988 when the Government stopped individually licensing advisers and allowed company licensees to authorise them instead. By comparison, public practice accountants and...

Investing Sustainably

Our Transport Revolution Blog this year covered the unfolding transport revolution – a subset of the larger Sustainability Revolution, which is a progression from the Agricultural, Industrial and the Digital Revolutions. As we learn to harmonise better with nature, this sustainability focus will change the way our food, energy and water...

Outlook for Australian Banks

Investors usually have some exposure to Australia’s banks. They’re over-represented in our ASX at 35% of the ASX300 index, compared with about 25% of the US S&P500 Index. It’s because Australia’s industrial base has been hollowed out by the decline in manufacturing. So, if you just buy the overall market,...

Grocer Disruption

Should you invest in Australia’s grocery market? The Grocery business in Australia has been a consumer staple investment choice for many decades with reliable, steadily growing dividends from a growing population and inflating food prices. However, the imminent arrival of Amazon and rapid growth of foreign retailers like Aldi, Costco...