International shares - important part of your portfolio now
Over the last 10 years, many international share investments have out-performed Australian shares by a large margin. I believe that this out-performance is likely to continue over the next 5 and 10 years on average (albeit with the usual volatility of shares) particularly for Asia and Japan for a range of reasons such as: Asia has on broad averages, much lower share market valuations, Asia and Japan have comparatively recently commenced secular bull markets, whereas the best
Balance sheet recession ahead
A balance sheet recession is ahead for Australia? Why? And what is a balance sheet recession? Our paper on this is here http://puzzlefinancialadvice.com.au/Balance_sheet_recessions_explained_140922_02_why_West_with_have_slow_growth.pdf Wikipedia ( https://en.wikipedia.org/wiki/Balance_sheet_recession ) defines a balance sheet recession as follows: "A balance sheet recession is a type of economic recession that occurs when high levels of private sector debt cause individuals o
