Stuart Wemyss 
Employers must contribute 9.5% of your salary (up to a maximum of $20,050 p.a.) into super. But should you make additional super contributions? This is a question I’m asked regularly. Of course, like many financial planning matters, the answer does depend on your individual circumstances. However, there are some fundamental concepts that help us understand …
Investment into a medical or dental practice can cost hundreds of thousands of dollars and in some cases, millions and although it is a rather secure investment (most of the time), there are various factors that need to be considered – from how much you should be paying for your investment/ownership share, to structuring for …
There are two things that trip up many investors. The first one is they cannot figure out what they should invest in next (i.e. what investment strategy is most appropriate). Or, secondly, if they have been able to develop an investment strategy, they fail to execute it correctly. These are the two most common hurdles …
A lot is always written about housing affordability and its impact on the younger generation. This is not something that is unique to Australians. I was reading recently that home affordability is one of the top three issues that young people currently grapple with in the UK. Buying your first home was a challenge 30 …
Many people don’t like to save for the future because they think it’s painful. Saving means they have to do without. Conversely, spending today is fun and enjoyable. Buying a new gadget, a new pair of shoes, dinner at a fancy restaurant, some wine (well, I regard wine as more of an investment). These things …
Commissions in financial services is often viewed as a dirty word. The word creates connotations of self-interested sales people flogging products to poor, unsuspecting clients – well, it does in my head. I passionately believe that financial advisors should not accept any commission as a result of making an investment recommendation. But what about commissions …
I believe that very few investing mistakes are the result of random bad luck. Most mistakes are predictable and preventable. And there are some mistakes that are very common amongst novice investors. My belief is that if you can avoid these most common three mistakes then you will have a very high probability of being …
What drives you to build wealth? If I deposited $10 million in your bank account today, what would you do differently tomorrow? Do you think money will solve any (or all) of your “problems” and/or fulfil all your dreams? The answers to these questions will reveal how you think about money. And how you think …
What is more important to do first? Contribute into super or buy an investment property? How will investing in property help you fund retirement? What can you do (invest in) to minimise the risk of running out of money in retirement? These questions all relate to your investment strategy. Most of these questions can be …
One of our clients had 5 investment loan accounts with a Big 4 bank which totalled just over $1.2 million. Due to the rate hikes which I have previously written about, the weighted average variable interest rate the bank was charging this client was 4.75% (as all loans were structured as interest only). Our solution …
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