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Graham Hand

No improvement in financial planner ratings

* The Roy Morgan 'Image of Professions' survey rates occupations for honesty and ethical standards. Unfortunately, financial planners still have some work to do.

ASIC addresses capital guaranteed products

* ASIC has released a health check of the Australian market for unlisted retail structured products promoted as having capital protection or a capital guarantee.

Is diversification a bad idea?

* According to this study, diversified equity portfolios have been found to underperform highly concentrated ones.

Let’s talk more about compounding and the Rule of 72

Could this be the greatest mathematical discovery of all time? An appreciation of compounding is essential for understanding investments, and an accumulation index rather than a price index better measures performance.

23 million heading for 62 million

* This week, the estimated population of Australia reached 23 million. By the time a baby born today dies, the population will be 62 million.

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Weekly Editorial

Welcome to Firstlinks Edition 639

Thank you for the hundreds of responses to our Reader Survey and to maximise the sample size, we’re leaving it open until this Sunday. Here is an overview of the results so far.

  • 27 November 2025
  • 1
Investment strategies

Where to hide in the ‘everything bubble’

It might not be quite an ‘everything bubble’ but there’s froth in many assets, not just US stocks, right now. It might be time to stress test your portfolio and consider assets that could offer you shelter if trouble is coming.

Investment strategies

The ultimate investing hack: dividend growth stocks

Investors often fall prey to ‘amygdala hijacks,’ letting emotion trump reason. By focusing on dividend-growth with stocks instead of volatile prices, you can steady your mindset and let compounding do the work. 

Investment strategies

CBA or global banks?

CBA’s recent pullback highlights single-stock risk. Global banks trade at lower P/Es with rising earnings and dividends, offering investors both income potential and long-term value beyond the local market.

Investment strategies

Global dividends rising, but Australia lags

Global dividend growth surged in the third quarter, with median growth of almost 6%. Australia was a notable exception as dividends fell, thanks to flagging mining company payouts.

Economy

I called inflation's rise and fall and here's what's next

In 2020, I warned that surging US money supply growth would spark inflation. By early 2023, I said US money supply was dropping dramatically and that meant inflation would decline. Here's what happens next.

Superannuation

Are excessive super funds giving Australia “Dutch Disease”?

The irony is profound: a system designed to secure Australians’ futures may be systematically dismantling the economic diversity necessary for long-term prosperity.

Investment strategies

Could your children pass the inheritance ‘stress test’?

You devote years of your life working, saving and investing, striving to build a legacy that will outlive you. Before any wealth moves to the next generation, here are six questions every parent should ask themselves.

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