inflation

1. 3 June 2022

   Every asset class has bad years, even bonds

   Bonds have been performing terribly, yet I still call them defensive assets. Every asset class has bad years; regression to the mean is real; bond losses remain smaller than share losses; and your cap…

2. 8 April 2022

   The 4% rule is a mind-killer

   I love rules of thumb — in the right place at the right time they're invaluable. Working out how much you need to retire isn't one of those places. The 4% rule is a dumb rule that a lot of smart peopl…

3. 30 July 2021

   Return OF capital versus return ON capital

   Term deposit returns can look dismal next to inflation — but that might still be the best place for your money. It depends on when you'll use it. If you need the money soon, prioritise return OF capit…

4. 31 March 2020

   Even cash can be risky

   It's not fun being asset poor and cash poor. It's rarely fun to be asset rich and cash poor either. If you've got cash on hand right now, you're probably feeling better than most. But there are real r…

5. 17 August 2017

   Career risk and how to manage it

   Retirement is often a euphemism for being displaced from the workforce — and involuntary unemployment is one of the few things with an enduring negative impact on life satisfaction. Career risk is rea…