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Posted in Economic
Negative Interest Rates: How Exciting (Yawn)
Posted by G. Dean McKinnon
on 7 June 2014
The European Central Bank (ECB) recently annouced it was offering negarive interest rates - what does that mean, and why should you care?
Here's a simple explanation for you (try not to fall asleep):
Banks generally have to deposit some of their money with a central bank (to make sure they have enough cash if their own depositers want their money back)
Banks may also deposit money with a central bank, as it's considered a 'safe' investment
When ...
| Posted in:Economic | 0 Comments |
How The Economy Works in 30 Minutes
Posted by G. Dean McKinnon
on 12 November 2013
How the economy actually works is not an exact science, because an economy is made up of people....and people can be unpredictable and emotional creatures, at times, so we can do things that don't make sense.
But if you want a broad-brush view of how the economy is supposed to work, go to to this YouTube site of Ray Dalio's, and spend 30 minutes. Ray has provided one of the best explanations of how an economy basically works, so it's worth the time.
Here's the link:...
| Posted in:Economic | 0 Comments |
This Week: GDM | Friday 28 June 2013
Posted by G. Dean McKinnon
on 28 June 2013
It is difficult to convey the actual value of dealing with a Financial Planner or Adviser. I consider myself a Comprehensive Financial Planner, which means that I act as an advocate for my clients in all of their financial dealings. Even that explanation may be difficult for a new client to understand what value I can be to them, so I decided to complete a weekly BLOG of some of the tasks I undertake for my clients on a weekly basis.
If you are considering using me as your Financial Plann...
| Posted in:EconomicMortgages and FinanceInvestmentInsurance | 0 Comments |
Australian Share Market Making Positive Gains
Posted by Dean McKinnon
on 7 September 2012
The Aussie Share Market is showing signs of making positive returns.
The S&P/ASX 300 Accumulations Index returned 2.14% in August 2012, bringing the 2012 Year to Date Return to 9.76%.
The good news is that it's not the mining sector making the big gains: Healthcare was one of the better performers up 9.90%, with Food & Drug Retailers up 6.40%, and the Retail Sector up 5.70%.
| Posted in:EconomicInvestment | 0 Comments |
