Blog

When making day to day financial decisions, in spending as well as investing, we often tell ourselves what we want to hear and act in ways that make us feel safe. However, these can work against us in the long term. Here are eight common behaviours that seem sensible initially... Read More →

‘I’m too busy’ is the number one excuse people use when they don’t have time for something else. After the time taken for sleeping and work, there is very little left for doing what we love and spending time with friends or family. However, while some commitments are unavoidable, we... Read More →

With each new year comes the tendency to reflect on the previous 12 months and set big ambitious goals for the next year. Whilst our goals should absolutely be ambitious enough so that they motivate us. If they lack direction and focus, the more likely we will fall off the... Read More →

We are frequently made aware of the new hot investment or the next big thing. It can be easy to be to be drawn into this whether in fear of missing out, or the desire to get rich quick. However, these strategies often do not stand the test of time... Read More →

Political news can undoubtedly have short term impacts on stock market prices, but how we react, or do not react, to such events can be a big determinant of investor success. Making investment decisions based on your own political views, Or your predictions on how the markets will react to... Read More →

Millionaire status is typically seen as the benchmark to consider yourself ‘rich’. However, there is much research to suggest that past a certain level of income, more money will not make you happier. A study by Purdue University found that once people have an income of US$95,000, having more money... Read More →

When reading or hearing all the noise in the media around the levels of the stock market it can be very tempting to try and guess when is the right time to dip in or dip out. But evidence shows that it is extremely unlikely that an investor can time... Read More →

Financial planning should be about making your life plan a reality. At Pyrmont Wealth Management our job as Life-Centred Financial Planners is to begin our process with understanding your life plan. We start by asking you about your family, your work, your home, your goals, and the things that you value the most. Our job ultmately is to build a financial plan that will help you make your life plan a reality.