When ‘Average’ is OK

In Garrison Keilor’s mythical town of Lake Wobegon, Minnesota, ‘all the children are above average’. And that’s where we’d all like our superannuation fund returns to be – above average. And that’s what the Productivity Commission is trying to achieve, by suggesting that all default schemes should be chosen from one of the ‘top 10’ or ‘best in show’ funds and underperforming funds should be closed. It sounds great! Where’s the flaw?Read More »

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EXPOSED!! MY BEDROOM HABITS…

Yes, I’m going to let you know about my bedroom habits. There are four of us in our bed now and its not Bob and Carol and Ted and Alice.  It’s me and my wife…and our two iPads.  Sometimes it’s actually five, when she also uses her…iPhone.  So it’s hard to get her attention now, but then I did buy her the iPad.  How did it get to be this way??Read More »