Comfort with Money

I live on a very busy road very close to the city centre and as one of the oldest Brisbane suburbs we have our share of nearby buildings close to or over 100 years old. These are part of our “heritage” and the owners are bound by rules which protect and preserve these gifts from our past. One such house has been so transformed after renovation that its heritage is barely recognizable but at least the house now looks respectable after being a local uncared for eyesore for many

I can’t exactly remember which of the famous US bank robbers who gave as the reason for their many bank heists “because that’s where the money is”. Money or the lack of it, pervades all civilized societies and given human nature it’s not surprising that the creation of wealth and the accumulation of money is not only carried out by totally honest members of our society. One of the oft used expressions, somewhat diminished these days, is “safe as a bank”. Armed bank robbers ha

A few investment advisors have been known to use the term “punt” to describe their recommendation for buying particular shares. I can understand the similarity between backing a horse that comes 4th in the chosen race and buying a bundle of shares on the stock market and watching them drop in value by the end of the day. At least your horse can line up in a different race next Saturday, but the share you’ve punted on might keep “running” for years. It’s only for the horse tha