Many retirees who depend on their own investments for either part or all of their income have been hit hard with falling values in their super and allocated pensions over the last few months. Retirees that have been forced to sell assets that have fallen in value to provide their immediate income needs are watching[…]
For many investors, the beginning of 2020 has flooded back memories of the volatility experienced during the GFC. Are you comfortable with the amount of investment risk you are taking?
What’s happened to your super fund in the last few weeks? Many people are watching the daily unfolding of the twin pandemics of Covid-19 and the resulting economic turmoil with morbid fascination. Nightly we are bombarded with how much the share market has fallen and it’s easy to then assume that your super fund has[…]
With the parallel pandemics of Covid-19 and resultant economic turmoil – its understandable to be concerned about your Super. Super funds invest across a range of assets, and depending on your choice, it is likely yours will have exposure to assets whose prices have been tumbling recently due to the uncertainty the world is in.[…]
I’m not sure about you, but when I go on holidays, one of the things I nearly always do is look at the Real Estate boards. On the eastern seaboard especially, property developers and spruikers know this, and there are endless displays designed to lure off guard holidays makers into buying into schemes such as[…]
There are some simple guiding principals that will help you to achieve the great financial goals in life – buying a home, educating your children, travel, escaping the rat race and enjoying a dignified retirement. Pay yourself first; There are 2 types of savers. Type A receives their pay, spends it on both needs and[…]
The Australian Tax Office statistics show that the number of self-managed super funds continues to grow, with the number of self managed funds now in existence in Australia around 600,000. In total, self-managed super funds (SMSFs) hold some $747 billion in assets for 1.1 million members. Interestingly, SMSFs tend to invest conservatively, with approx 30[…]
Most inexperienced investors make the mistake of expecting too much too soon. Investment spruikers and online trading schemes foster the illusion that wealth can be built overnight. Sometimes it can but often the path to success is much slower. Although small, regular savings may seem to grow slowly at first, as the years go by,[…]
Just like those pesky insects that can slowly destroy your home without you realising it, sometimes we humans white ant our own financial security without realising it either. You speak to a friend who has owed you money for a long time, but again you are too embarrassed to ask him to pay it back.[…]
The restructure of a business may lead to a reduction in staff numbers and redundancies. If you are affected, you may experience a range of emotions from shock and anger to relief and hope. Whilst a redundancy may provide you with a substantial financial windfall if you have been a long-term employee, careful consideration should[…]