January 3, 2018

Still the 8th Wonder of the World

“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” ― Albert Einstein Einstein isn’t the only smart person that understands the power of compound interest.  Regarded by many as the greatest investor of all time, certainly the best known, Warren Buffett has built one of the world’s greatest ever financial fortunes largely off […]
September 11, 2018

Tricks & Traps – Insurance Premium Payments

I recently saw it reported that 95% of insurance premiums are paid monthly.  So what you say?  Surely that helps with managing cash flow. I suspect it does, but maybe not the cash flows you’re thinking.  Call me cynical, but I think it has more to do with the cash flow position of the adviser that sold the policy and the insurer than it does […]
February 6, 2019

Financial One-Stop-Shops

Every now and then I do a Google search on independent financial advice or a variation to see what comes up.  Yes, I’m checking to see if Think Independent does, but let’s move on.  Too often there are advice practices that are far from independent.  That’s a problem but not what this post is about. A recent search brought up a practice that upon further digging is what you […]