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



Is Einstein only a scientist?

The magic of compound interest has been admired by many notable people. Albert Einstein stands out: “Compound interest is the eighth wonder of the world. He who understands it earns it…he who doesn’t…pays it.” “The strongest force in the universe is Compound Interest.” An ingot of gold will still weigh the same in 15 years, but an investment in the shares of a successful gold mining company paying regular dividends of 5% will double in value in 15 years when these dividends (probably effectively tax free) are reinvested in new shares in that company. Regular saving of small amounts is magic. Regular investment of dividends used to buy shares in the same company, especially one offering a div

Is investing gambling?

“Risk” is a severely misunderstood word, especially in relation to investing, although I don’t believe that there’d be any misunderstanding about the risk element in going over Niagara Falls in a barrel. I am unfamiliar with the game of poker but I understand that a “blue chip” is commonly the most expensive gambling chip used in that game. That’s an unfortunate use of terminology because it suggests that buying shares, especially “blue chip” shares is like visiting a casino and therefore by definition, constitutes gambling. Gambling is not one of the traditional “seven deadly sins” but in its most aggressive, addictive forms is as destructive as alcoholism or drug addiction. Death and taxes

How many pigs went to market?

How does one measure a market? The answer is “any number of ways”, depending on which markets you are referring to – the gold market, the oil market, the share market, the housing market, the local farmer’s market or a craft market. Even with gold there is some variety because the standard price is set in US dollars. The person buying an ounce of gold and paying in euros will almost certainly have a different valuation from someone in Sydney paying with Australian dollars. Oil is interesting because nearly all of us are affected by variations in its price. When we fill our car with petrol, the violent fluctuations we experience at the petrol pump in Brisbane bear little relationship to the p


I have just returned from a short absence from Australia which included a brief return visit to Taiwan – a country that has managed to produce above average news coverage world-wide ever since the defeated Chiang Kai Shek withdraw his troops to relative safety from Mao’s victorious communists. Not that he left the mainland empty handed, as evidenced by the contents of one of the world’s great museums in Taipei which was defended for many years by US warships patrolling the Formosa Straits. I have always regarded the term “Communist Chinese” as a contradiction in terms because the Chinese have dominated world trade as individual capitalists since Marco Polo’s day. Russia has its fair sprinkli

Wind In Their Sales (sic)

It keeps the politicians busy and the Bob Brown Adani Crusade probably handed the keys of The Lodge to our Prime Minister, but if we apply some economic questions to the long running global debate on electricity we seem to be remarkably short of rational answers to the basic questions – what is the cost of wind farms? of solar? of water? Having played golf in Northern Tasmania and with a memory from primary school of geography classes that featured the “Roaring 40’s” I believe that renewable wind power generated in that part of the world need never be concerned about no wind. It seems however that the wind farms are very efficient bird killers, but I wish someone would tell me what is the CO