Comfort with Money

by Rodney Gibson Financial Advisor

I am a sole practitioner with 40 years experience in finance, taxation, law, business and accounting. I am currently associated with SALA Financial Services. I provide the following:

  • Estate Planning, including wills and powers of attorney (EPOAs)

  • Estate Management

  • Taxation advice

  • Investment advice, including superannuation

  • Business structure advice


My aim is to assist you to live within your means and achieve all your financial goals.

Our Recent Posts




I love Charles Dickens as a writer and every so often I refer to my self imposed goal of finishing reading every novel he wrote. “Oliver Twist” was the first novel I ever read from beginning to end, at the age of 9. Dickens was a successful writer and businessman but some of his works include detail derived from debtors prison, an institution that no longer exists. Personal bankruptcy is not a fact which would feature as the highlight of a CV to accompany a job application for a position as a financial manager, but the label is not and should not be used automatically to condemn the bankrupt to forever wearing the label of crook or financial incompetent. Sometimes bankruptcy is the result of

The Market

The Market I am referring to is, of course, the share market, which is the place where you can sell the shares you own, or buy those you want to own. The Market is the term used by the press, social media, television and radio commentators to refer to the activities on the market in the past hour, past day or week, or even the past 10 years. Any market, anywhere in the world, is the place where goods or services are EXCHANGED, not always but mostly for money. If no exchange happens then either there is no market or the market is DEAD. The market has not got a mind of its own. Whenever a sale occurs on the share market it is often totally forgotten that there is a buyer and a seller who have

The "Big Five"

The Banks and AMP make up the “5 Pillars” and after a series of mergers (aka takeovers) in the 50’s and 60’s the Government resolved that none of the Big 5 would ever be allowed to merge with each other. The Banking Royal Commission has almost been getting as much publicity in the press as that normally reserved for Rugby League. Public bank bashing has advanced significantly. I think this is unreasonable and I have no problem with the concept that a bank can also own a funds management company. My concern, and that shared with many independent colleagues in the financial planning world, is the perceived and, in some cases, actual bias shown by advisers employed by the banks, whose focus is

What is a Balanced Fund?

When the media is reporting what has happened to managed funds operated by different fund managers, they generally measure performance against the “balanced” fund of the manager under scrutiny. When a comparison is made of the relative performance of Company A’s balanced fund and Company B’s (or even the “average” balanced fund) I am reminded that the bloke who has one foot in a bucket of ice and the other in a bucket of boiling water is comfortable ON AVERAGE. If my balanced fund has 50% in small cap shares and 50% in company debentures paying 12% interest nobody could use the English language to describe it as anything but a balanced fund. Such a description would be just as useful, that


Choice is wonderful. Choice represents the exercise of will over a number of competing attitudes, understandings and social background which will decide which path you take. In many cases, if not most, it represents a conscious decision whether to spend your money on an adventure or on some product or to simply NOT spend your money, but to save it. Saving money, if that is your choice, then presents further choice regarding what you are going to do with that money. If you simply exchange the money for another asset or dispose of it by consuming goods or services you are obviously exercising your choice option. ALL budgets, including investment budgets should be put into place and then follow