Blog #2 Finding a good financial planner

Well I was going to start the new Blog with something on how to approach investing for retirement for those of us who are new to investing. Nothing too fancy, just an introduction to a few resources that may make that journey a little more secure.

Then Wham Bam we are in the middle of BREXIT , more precisely, a EU crisis. Maybe the possible disintegration of the worlds 3rd largest economy block is on the cards.

Why not join the Australian Investors Association?

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QUOTE OF THE DAY

“Risk comes from not knowing what you're doing.” Warren Buffett

The market

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Intersting to read Alan Kohler's weekend email newsletter.  He now says that (based on the Fitch ratings) Europe is a mess and probably will not recover.
Alan says go to cash!  He says he will sell everything today (Monday).

Equities v's Fixed Interest

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Have just read Marcus Padley's article in today's SMH.
Vintage Padley!
Why don't people understand this stuff??  Read the article here.
http://www.smh.com.au/money/investing/comparing-equity-yields-with-term-deposits-is-lazy-20111202-1oakh.html