Rick Maggi

19 January 2021

Economics, Educational, Investing, Retirement, Self Development, SMSF, Superannuation, Wealth Accumulation, Westmount Financial

How to achieve investment success in 2021...

Rick Maggi

19 January 2021

Economics, Educational, Investing, Retirement, Self Development, SMSF, Superannuation, Wealth Accumulation, Westmount Financial

How to achieve investment success in 2021...

Elon Musk, the 49-year-old founder of U.S.-listed electric vehicle maker Tesla, generated global headlines once again last week when he achieved the status as the world's richest person….

Rick Maggi

11 January 2021

Economics, Educational, Finance, Financial Advice, Financial Planning, Investing, Interest Rates, Market Risk, Market/Economic Update, Superannuation, Wealth Accumulation, Westmount Financial

2021 Outlook...

Rick Maggi

11 January 2021

Economics, Educational, Finance, Financial Advice, Financial Planning, Investing, Interest Rates, Market Risk, Market/Economic Update, Superannuation, Wealth Accumulation, Westmount Financial

Can investment returns hold up? Here is a summary of key insights and views on the investment outlook in simple point form…

Rick Maggi

31 December 2020

Economics, Financial Planning, Financial Advice, Investing, Market/Economic Update, Superannuation, Wealth Accumulation, Westmount Financial

Approaching the dawn...

Rick Maggi

31 December 2020

Economics, Financial Planning, Financial Advice, Investing, Market/Economic Update, Superannuation, Wealth Accumulation, Westmount Financial

COVID-19 has completely, and mercilessly, dictated the direction of economies and financial markets through most of this year. So, as we rapidly approach the end of an extremely unpredictable and volatile year, what's in store for 2021?

Rick Maggi

18 December 2020

Economics, Westmount Financial

Fed Govt Mid-Year Economic Outlook...

Rick Maggi

18 December 2020

Economics, Westmount Financial

Have we seen a peak in the budget deficit?

Rick Maggi

8 December 2020

Economics, Financial Planning, Investing, Pensions, Retirement, Superannuation, Wealth Accumulation, Westmount Financial

2020: From Pandemic to Recovery...

Rick Maggi

8 December 2020

Economics, Financial Planning, Investing, Pensions, Retirement, Superannuation, Wealth Accumulation, Westmount Financial

2020 didn’t exactly turn out the way I or many expected a year ago…

Rick Maggi

2 December 2020

Coronavirus, Economics, Recession

Breaking news: Australia emerges from recession...

Rick Maggi

2 December 2020

Coronavirus, Economics, Recession

Breaking news: Australia emerges from recession...

Australia emerges from recession, but we have a long way back to recovery…

Rick Maggi

29 October 2020

Economics, Westmount Financial, Wealth Accumulation, Superannuation, Strategy, Shares

Where are we in the recovery now?

Rick Maggi

29 October 2020

Economics, Westmount Financial, Wealth Accumulation, Superannuation, Strategy, Shares

From the get-go back in March, as coronavirus lockdowns hit, there has been much debate about what this recession would be like: how deep and long would it be?

Rick Maggi

2 October 2020

Economics, Market Risk, Market/Economic Update

Biden vs Trump

Rick Maggi

2 October 2020

Economics, Market Risk, Market/Economic Update

The US election is only a month away. What are the potential consequences?

Rick Maggi

30 September 2020

Economics, Educational, Market/Economic Update, Monthly Newsletter/Snapshot, Shares, SMSF, Stats, Strategy, Superannuation, Wealth Accumulation

Vanguard Market Commentary

Rick Maggi

30 September 2020

Economics, Educational, Market/Economic Update, Monthly Newsletter/Snapshot, Shares, SMSF, Stats, Strategy, Superannuation, Wealth Accumulation

A clear, concise economic and market update from Vanguard Australia…

Rick Maggi

18 September 2020

Economics, Educational, Financial Planning, Investing, SMSF, Superannuation, Retirement, Wealth Accumulation

Important changes to superannuation...

Rick Maggi

18 September 2020

Economics, Educational, Financial Planning, Investing, SMSF, Superannuation, Retirement, Wealth Accumulation

For better or worse, superannuation rules continue to evolve. However, from July 1, 2020, new rules were introduced making contributing to superannuation in your later years just the little bit easier…

Rick Maggi

15 September 2020

Economics, Educational, Shares, SMSF, Strategy, Superannuation, Wealth Accumulation

Is the stock market divorced from reality?

Rick Maggi

15 September 2020

Economics, Educational, Shares, SMSF, Strategy, Superannuation, Wealth Accumulation

Is the stock market divorced from reality?

A 3-minute read and assessment of the current state of the stock market, from Dimensional Fund Advisors….

Rick Maggi

11 September 2020

Coronavirus, Economics, Educational, Wealth Accumulation, Superannuation, Strategy, SMSF, Shares

Envisioning a post-pandemic future...

Rick Maggi

11 September 2020

Coronavirus, Economics, Educational, Wealth Accumulation, Superannuation, Strategy, SMSF, Shares

The American mathematician Claude Shannon famously established a lower bound for the number of possible moves in a typical chess match: around 10120…

Rick Maggi

8 September 2020

Educational, Economics, Financial Planning, Financial Advice, Investing, Strategy, Superannuation, Wealth Accumulation, Westmount Financial

The trouble with intuition...

Rick Maggi

8 September 2020

Educational, Economics, Financial Planning, Financial Advice, Investing, Strategy, Superannuation, Wealth Accumulation, Westmount Financial

Cognitive bias has been of particular interest to the investing community and long lists of biases – confirmation bias, anchoring, the recency effect and dozens of others – are now the stock-in-trade of beginner investors worldwide…

Rick Maggi

3 September 2020

Economics, Financial Advice, Financial Planning, Interest Rates, Investing, Market Risk, Market/Economic Update, Newsletter, Real Estate, Shares, SMSF, Socially Responsible-SRI, Strategy, Stimulus, Superannuation, Trusted Advice, Wealth Accumulation

Market Outlook Q&A

Rick Maggi

3 September 2020

Economics, Financial Advice, Financial Planning, Interest Rates, Investing, Market Risk, Market/Economic Update, Newsletter, Real Estate, Shares, SMSF, Socially Responsible-SRI, Strategy, Stimulus, Superannuation, Trusted Advice, Wealth Accumulation

AMP’s Dr Shane Oliver does Q&A (a worthwhile article)…

Rick Maggi

12 August 2020

Economics, Financial Advice, Financial Assistance, Financial Planning, Investing, Retirement, Superannuation, Strategy

Don't be retiring when you're retired...

Rick Maggi

12 August 2020

Economics, Financial Advice, Financial Assistance, Financial Planning, Investing, Retirement, Superannuation, Strategy

Don't be retiring when you're retired...

For many retirees, low-risk assets such as cash and government-backed bonds are often seen as the safest ways of protecting capital over the long term. Yet, depending on your broad retirement goals and tolerance for risk, putting all your eggs into one or two asset classes will most likely expose you to investment hazards over the long term…

Rick Maggi

7 July 2020

Economics, Wealth Accumulation, Superannuation, Strategy, SMSF, Shares

Economic stimulus...but how will we pay for this?

Rick Maggi

7 July 2020

Economics, Wealth Accumulation, Superannuation, Strategy, SMSF, Shares

Economic stimulus...but how will we pay for this?

It's a natural question about global policymakers' multitrillion-dollar efforts to prop up economies and markets against the monumental threat of the COVID-19 pandemic.

Rick Maggi

30 June 2020

Educational, Economics, Investing, Retirement, Shares, SMSF, Stats, Strategy, Superannuation, Wealth Accumulation

US Presidential Election: Implications for investors...

Rick Maggi

30 June 2020

Educational, Economics, Investing, Retirement, Shares, SMSF, Stats, Strategy, Superannuation, Wealth Accumulation

US Presidential Election: Implications for investors...

An interesting read for both investors and political junkies…

Rick Maggi

9 June 2020

Economics, Event Driven Update, Investing, Shares, Superannuation, Retirement

Historic share rally wipes-out losses for the year...

Rick Maggi

9 June 2020

Economics, Event Driven Update, Investing, Shares, Superannuation, Retirement

Historic share rally wipes-out losses for the year...

In response to easing lockdowns, the rally in U.S. stocks continued overnight, pushing the S&P 500 into the green for the year…

Rick Maggi

6 June 2020

Economics, Investing, Shares

US stocks soar overnight...

Rick Maggi

6 June 2020

Economics, Investing, Shares

US stocks surged Friday night…

Rick Maggi

6 June 2020

Economics, Educational, Financial Planning, Financial Advice, Investing

Technical note: Re-balancing your portfolio out of COVID-19...

Rick Maggi

6 June 2020

Economics, Educational, Financial Planning, Financial Advice, Investing

Technical note: Re-balancing your portfolio out of COVID-19...

Now is probably a good time for investors to ask the question of themselves and consider whether rebalancing was something they did or should have considered….