How to avoid getting fixated on market movements

Yves SchoofBusiness

Some investors like to play an active role in managing their investment portfolio. You might monitor fluctuations in your portfolio yourself, or in partnership with professional advisers. Keeping track of market movements can be useful, but too much scrutiny can result in panic or knee-jerk reactions, many of which may not prove the most sensible investment moves over the long term. If you … Read More

The Benefits Of Financial Advice

Yves SchoofBusiness

People who seek out financial advice for the first time often presume it is all about investments. But while building and managing wealth is definitely part of what we offer, the biggest benefits often are felt in intangible areas. From understanding what is truly meaningful to you, to helping you deal with life’s complexities, to providing clarity and delivering peace … Read More

Could interest rates rise sooner than expected?

Yves SchoofBusiness

In response to the pandemic, central banks around the world flooded the market with liquidity. In Australia, the Reserve Bank did what it could to support job creation and economic recovery, setting the cash rate at an all time low of 0.25 in March 2020, and dropping it even further – to 0.1 – by November of the same year … Read More

What Are Your Money Rules?

Yves SchoofBusiness

Do you have any particular rules or thoughts around money and finances? It might be a powerful motto that you live by. Here is a list of money rules other people live by: Your Favourite Money Rules.   Personally I believe in the following money rules:   Understand the power of compounding and start investing early   Understand that basically … Read More

Has The Pandemic Changed Your Money Behaviour?

Yves SchoofBusiness

I found this interesting article on how the pandemic has changed our money psychology, you can read it HERE. However, I also wanted to share some other observations, based on what I witness with clients and in my wider network.   Normally a share market decline triggers ‘fear in people, and they want to stay away from the stock market … Read More

The Importance Of Financial Wellbeing

Yves SchoofBusiness

Since the Covid-19 pandemic erupted, we have become more focused on our health and wellbeing. But what about our financial health and wellbeing? How can we ensure we are prepared for the next emergency when it comes? Financial wellbeing is about more than investments; it also includes cash flow, debt management, risk management and perhaps most importantly, acquiring knowledge and … Read More

Are We There Yet?

Yves SchoofBusiness

Who would have thought that a little over a year since the global pandemic changed our lives forever, the Australian share market would have surged past its pre-COVID levels to reach record highs? But that’s exactly what has happened. Will the market go much higher? Is now a time to sell? No one really knows for sure. All we do … Read More

Is Your Mind Playing Tricks On You?

Yves SchoofBusiness

‘Cognitive bias’ has become a bit of an investing buzzword in recent years. The theory is that the human brain makes errors of judgment that can lead us to be emotional, short term and come to other incorrect conclusions. Cognitive bias has been of particular interest to the investing community and a long lists of biases – confirmation bias, anchoring, … Read More

Did You Let Another Financial Year Slip By?

Yves SchoofBusiness

Time is money and here we are again coming up to the end of the financial year. A perfect time to ask yourself whether you actually made some financial progress this year. Of course, it is much easier to go through the motions, but unfortunately that will not get you very far. You see, it is very unlikely as a … Read More

Timing Your Investments

Yves SchoofBusiness

As we have seen a meteoric rise in share markets around the world, many people are starting to wonder whether they should continue to invest or perhaps wait for another share market pullback. While everyone’s circumstances are different, it is important to take note of some important investment fundamentals. In this video I explain the concepts of time in the … Read More