Coronavirus financial opportunities and threats – Q&A with Stuart Wemyss

The video below is a recording of a webinar hosted by Stuart Wemyss on 7 April 2020. The content is based on registrants questions and covers four main topics.

  • Share market when, how and where to invest
  • Property market – dealing with tenants and buying now
  • Superannuation – will returns impact retirement, should you contribute more, and should you withdrawing $10,000.  
  • Other matters – leave cash in offset or invest, fixed interest rates, etc.

Message to clients and friends of ProSolution

With the coronavirus situation changing rapidly, Stuart Wemyss has recorded the below video setting out ways the government and banks can help you, particularly if you suffer financial hardship.  Assistance to businesses Click here to download a fact sheet. Access to super Click here to download a fact sheet. Lender contacts Most lenders are …

Read more

Spring-Cleaning: It’s a perfect time to sell dud investments

With share markets at an all-time high and sentiment in the property market recovering, it is a great opportunity to divest of any underperforming (dud) investments. Not all investments perform as expected. Therefore, it’s important you regularly review them. This review should be completed without any influence of emotion – it’s all about the numbers. …

Read more

What are the best alternatives to term deposits?

With term deposit rates currently ranging between 1% and 2% p.a., and the prospect of further rate cuts by the RBA, many investors are contemplating where to invest their cash. Most commentators and economists agree that it looks like the interest rate environment will be lower for longer. If that turns out to be true, …

Read more

Global recession. US/China trade war. Brexit. Low interest rates… What to do?

It feels like there is more global uncertainty at the moment. Things such as a global or domestic economic recession, US/China trade war tensions, Brexit, Trump’s rhetoric, the prospect of zero (or negative) interest rates, what property prices might do here, all seem to dominate the news. You may find these matters confusing and they …

Read more

Does you partner understand your finances?

In my experience, it is common for one spouse to have a greater interest in the family’s finances. In fact, the spouse that is ‘most interested’ typically takes fully responsibility for making the family’s financial decisions. However, there are some fundamental and important flaws with this approach which I’d like to share with you. What …

Read more

How should your split your wealth between shares and property?

Australian’s have a well-documented love affair with property. Many people pursue the “great Australian dream” of owning their own home and over 2.1 million taxpayers invest in property. Most Australian’s also invest in the share market too, via their superannuation. However, one of the decisions that many people struggle with is whether to invest in …

Read more