Click here for a printable PDF version Over the past few weeks the banks have made some significant changes to their lending policies – probably the most significant changes in at least the last 13 years since we’ve been in business. The aim of these changes is to temper the demand for housing by investors. …
Click here for a printable version Charlie Sheen’s character in the movie Wall Street (1987), Bud Fox, said “Life all comes down to a few moments. This is one of them”. History has shown us that just one good or bad decision can change the course of someone’s life. I have ponded if this statement …
Click here for a printable PDF On Monday ex-Chair of the Super System Review, Jeremy Cooper wrote an opinion piece that suggested $1 million won’t necessarily guarantee a comfortable retirement. If that is the case, how much do you need? What do you have to do now to get on track? Will your super be …
[Click here for a printable PDF] Who’s deciding how your superannuation is invested? How much are you paying them? How have they doing? Have you checked? Consulting actuaries Rice Warner, concluded that Australians are paying “the experts” on average 1.12% p.a. of their super balance to invest their money (in 2013). Based on these findings, …
[Click here to watch a 9-minute video that summarises this blog.] [Click here for a printable PDF] I realise that most people pay very little attention to their superannuation. But please, can I ask for a few minutes of your time to communicate this simple message which will probably save you over well over $100,000. …
There are two components to every financial deal being; return and risk. Often, the vast majority of people fail to assess both with the same amount of diligence and attention because they tend to focus most of their attention on return. However, research shows that there are two common traits of extremely successful and experienced …
Printable version How much of your income each month do you contribute towards achieving your financial and lifestyle goals including retirement? Every employee already contributes 9.5% of their gross salary towards their retirement savings in the form of compulsory super. But super is just not enough for most people. Firstly, depending on your income level, …
Click here for a printable version If you invest in residential property, how can you be sure that it’s going to work out for you? The media talks about a property bubble, whether the government should abolish negative gearing, the RBA’s warning banks to not be too exuberant to lending money and so on. There’s …
Many home owners focus on repaying their home loan as quick as possible. Of course this is often a good idea. Plus, it’s an easy decision when we ask ourselves the question “what should I do with my money to build financial security”. An often more challenging question is what else can/should I do, if …
Successful investing is relatively easy but many people and some professionals over-complicate it. I have discovered that most people do not understand or fully appreciate two very important, yet simple principles. Firstly, there are typically two steps to a retirement strategy – most people think there’s only one and this is where they become misguided …
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