About Vern Gowdie

Vern Gowdie has been involved in financial planning since 1986.

In 1999, Personal Investor magazine ranked Vern as one of Australia’s Top 50 financial planners.

His previous firm, Gowdie Financial Planning was recognized in 2004, 2005, 2006 & 2007, by Independent Financial Adviser (IFA) magazine as one of the top five financial planning firms in Australia.

He has been writing his 'Big Picture' column for regional newspapers since 2005 and has been a commentator on financial matters for Prime Radio talkback.

His contrarian views often place him at odds with the financial planning profession.

Vern is is Founder and Chairman of the Gowdie Family Wealth advisory service, a monthly newsletter with a clear aim: to help you build and protect wealth for future generations of your family. He is also editor of The Gowdie Letter, which aims to help you protect and grow your wealth during the great credit contraction.

To have Vern’s enlightening market critique and commentary delivered straight to your inbox, take out a free subscription to Markets and Money here.

Official websites and financial eletters Vern writes for:

To read more insights by Vern check out the articles below.

investment industry

Creative Destruction of the Investment Industry

The creative destruction of ‘free or nearly free’ investing is coming. Nothing surer. The destruction we’ve seen in the retail sector will be repeated in the investment industry. A good number of financial planning and investment platform businesses are going to fail to adapt, and will therefore die. But the more imminent disruptor I see coming is one that hardly anyone is expecting.
A Lobotomy for Your Portfolio

A Lobotomy for Your Portfolio

In April 2017, the government established the Financial Adviser Standards and Ethics Authority Limited (FASEA). The purpose of the FASEA is to ‘…set the education, training and ethical standards of financial advisers, licensed under Australian law.’ Admirable intent. What about ‘ethical standards’?
cash - how safe is it?

How Safe Is Your Cash?

‘How safe is my money?’ If I had a dollar for every email I received about that, I’d be a helluva lot wealthier. The only problem is, where would I put all these extra dollars? In the bank? Under my bed? Buy gold? Cryptos? What a dilemma. There are no guarantees with ANY investment. However, I’m fairly certain the government will do all it can to guarantee its survival.
investment industry giving dumb advice

The Dumbest Things the Investment Industry Says

At what point do you panic? After the stock market has lost half its value or before your capital is cut off at the knees? The events of last week are certain to have more investors asking themselves that question. Do we reduce our weightings and retreat to a place of safety? The industry has a readymade answer for that one…buy the dip.
global economy nearing a collapse

Feelings of Isolation

History teaches us that there’s an inverse relationship between complacency and risk. Lower complacency equals higher risk. From where I sit, we’ve reached an inflection point. One where the threat of wholesale capital destruction and widespread loss of livelihoods has never been greater. The level of overall bullishness drowns out mutterings of the worrier. Therefore, you withdraw to a place of isolation…far away from the crowd.
bitcoin mania

Manias and Myths

There’s nothing more mythical than a booming market. With cryptos now re-entering Earth’s orbit, where are the ‘bitcoin to $1 million' headlines? All but gone. The more things change, the more they stay the same. The only thing different about the current mania is the cast. The plot is still the same…easy come, easy go.
global economy crash imminent

The Global Economic Cycle: Speculation, Capitulation, Ruination

At present, we’re experiencing only a half of a market cycle…the ‘up’ half. When this cycle makes a full rotation — through the ‘down’ half — don’t be surprised to see the Dow back to levels first reached in 1995. ‘Impossible. Madness. Not going to happen.’ That’s not what history repeatedly tells us.
financial advisers

The Problem with Big Banks and Financial Advisers

Do you go into an Apple store to purchase a Samsung Galaxy? Do you ask the Holden dealer about buying a Ford? Of course not. You know they can only promote and sell their product…irrespective of whether the competition is better or not. But what about financial planning advice?
investors must wake up

Impermanence: Investors Must Wake Up

We make decisions — loans, savings, investments, purchases, etc. — based on an understanding that tomorrow is going to be the same as today. History tells us this is a flawed principle. We’re being set up for a major change…but hardly anyone is expecting it.
global economy and debt

I’ve Had Enough — I Quit

I give up trying to understand the economics profession. This obsession they have with artificial growth — the headline number — is totally and utterly misleading. The easiest way to boost short-term GDP growth is to double the population and debt load. Is that formula for growth sustainable in the long term?
markets and controlling your investments

No Margin for Error

The wisdom of the old saying ‘banks give you an umbrella when the sun is shining and take it away when it’s raining’ is forgotten when greed — by all parties in the transaction — is in the air. When it comes to investing, there’s a well-recognised equation: the higher the market, the lower the investor IQ.
first-world problem

The Real First-World Problem

Our first-world standard of living sits atop an increasingly unstable debt pile. The world’s next (and even more severe) debt crisis is going to be the ‘solution’ to our real first-world problem of entitlement.
bear market approaching

Beware of the Bear Market

Wherever you looked in 2017 it was all bull…not a bear in sight. The Dow hitting records highs. Bitcoin…well, what can you say that has not already been said about this phantom phenomenon: Aussie house prices. When markets are at their most exuberant is when you should be reminded of how nasty bear markets can be.
market in depression stage

What Next for This Manic-Depressive Market?

Has the market developed a resistance to the Fed’s drugs? How low will interest rates need to go and how much money will need to be printed to prevent a spiral into depression? The numbers are unknown. But it’s not unreasonable to suggest that it’ll need to be much, much more than the last (and unprecedented) dose.