Officially we are in a bull market again as there has been a 20% gain from the March lows. You could be forgiven for thinking the worst of COVID-19 is over, at least in regards to the sharemarket. However I don’t think this is a prudent position to take.
I conduct a ‘risk profile’ with every client and this helps guide the overall asset allocation for their portfolio. One of my questions is on inflation, and it is always met with indifference. This is because inflation hasn’t really been a problem in Australia for decades. Inflation may soon become a problem though.
If you have been following the news, you may have a building feeling of unease in your stomach. Just how bad is coronavirus and how much damage will it inflict on my wealth?
This would have to be one of the most absurd ideas a government can come up with; especially one which is meant to have at least a modicum of fiscal conservatism. The government is about to use taxpayers money to go where banks fear to tread.
The concept is good. The implementation poor. The potential negatives are not yet fully known. Already though, there are compelling reasons to opt-out of the government’s My Health Record. And most importantly, make sure you opt kids/grand-kids out.
The Hon Scott Morrison MP handed down his third Federal Budget on the 8th of May 2018. Pleasingly, superannuation has again largely been left alone. The Budget instead focused on a seven year tax plan. Low to middle income earners with an income up to $90,000 will receive a $530 tax offset from 1 July…
Shock horror. Whilst talk of the biggest ever fall on the Dow Jones makes for good headlines, a 4.6% drop is far from a ‘crash’.
Morningstar today downgraded their recommendation for Qantas to a sell. I wholeheartedly agree; for a few reasons.
I congratulate the CBA for coming out and announcing the cancellation of the $2 ATM fee by non-CBA users. It was a rip-off; no question. Withdraw $100 and the banks clip 2% from you. Fortunately, most other banks followed CBA’s lead within the day. But there is a downside …
Below are a collection of testimonials from our valued clients. Some are from an anonymous client survey, so are listed as anonymous.