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 …
When it comes to my role at ProSolution, there are two things I honestly love doing: 1. Writing articles, books, blogs and so on and 2. Meeting with clients and helping solve their problems and answering their questions. I really dislike doing any work other than these two things but hey, that’s life. One of …
Last week a journalist asked me “what percentage of investors I thought owned dud investment properties?” It is an interesting question. My answer was that after over a decade of reviewing hundreds of investor portfolios I would estimate that approximately 60 % to 70% of people have a least one dud (under-performing) property. This fact …
The below newsletter includes the following articles: 1. 30 June tax planning strategies 2. Did you pay too much tax last year 3. Time poor? Pilot our new services for free 4. Our lowest rates. 30 June tax planning strategies It’s hard to believe it’s almost 30 June again and the end of another tax …
Below is a replay of a webinar held on 8 May 2012 which provided an introduction to SMSFs and discusses how to ascertain if a SMSF is right for you. If you would like to learn more of our SMSF services and advice, please contact us. Is a SMSF right for you? from Stuart Wemyss on …
If you have insurance within your super fund you may be paying for cover that you’ll never actually benefit from. It has recently come to light that some industry super funds have offset clauses with Life insurance (and other products). This is best explained by example. Assume David has $300,000 of Life insurance with AustralianSuper …
I received an email from a client (dentist, Dr Michael – surname withheld) approximately a month ago suggesting that I write an article about how much financial knowledge you need. Should you endeavour to know as much as you can so you don’t need any advisors or should you have a little bit of knowledge …
Upgrading your home is typically a huge financial decision. Sometimes, timing is everything. There are lots of issues to weigh up including lifestyle needs, cash flow, future changes to income, the quality of the properties for sale on the market, the health of the property market and the list goes on. Another complexity is that …
I ate a mandarin recently and got annoyed at the number of pips in my fruit (an average of 3 pips per segment…that’s a lot of pips). I wondered how much more enjoyable that mandarin would have been had it not had any pips. It struck me later that those pips, those little seeds, are …
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