Weekly Market Update 27 September 2019

Weekly Market Update 27 September 2019 Investment markets and key developments over the past week Share markets fell over the last week on the back geopolitical concerns with Democrats opening an impeachment inquiry into President Trump, ongoing trade war uncertainties and more Brexit mayhem at the same time that global business conditions PMIs remained soft. Australian shares were dragged lower by the poor global lead with telcos and resources stocks down sharply but with real estate, …

Dealing with being asset rich and cash poor

Dealing with being asset rich and cash poor Reverse mortgages could be one way to help with living expenses, but they may also erode any equity you have in your home over time. Given longer life expectancies, the rising cost of living and the property boom, more and more retirees find themselves asset rich and cash poor. One option is to downsize to a cheaper home, but this often has major disadvantages. If they are …

Weekly Market Update 20 September 2019

Weekly Market Update 20 September 2019 Investment markets and key developments over the past week After several weeks of gains share markets were mixed over the last week as the attack on Saudi Arabian oil production provided a reminder of risks in the Middle East, global economic data was mixed and the Fed cut rates again. US and Eurozone shares were little changed, Japanese shares rose and Chinese shares fell not being helped by weak economic …

Weekly Market Update 13 September 2019

Weekly Market Update 13 September 2019 Investment markets and key developments over the past week The good news continued over the last week with the US and China trading goodwill gestures on the trade war front, signs of a de-escalation of tensions with Iran and the ECB announcing a broad-based monetary easing. This saw share markets have another week of solid gains – with US and global shares coming close to the record highs seen in …

Weekly Market Update 6 September 2019

Weekly Market Update 6 September 2019 Investment markets and key developments over the past week Good news week! It certainly seemed that way for financial markets with a lot of relatively small positives – the US and China indicating that face to face trade war talks will start again next month, Hong Kong withdrawing the extradition bill, the UK parliament standing up to block a “no-deal Brexit” and confirmation that Italy has a new government …

Can I go back to work if I’ve accessed my Super?

Can I go back to work if I’ve accessed my Super? When you access your super at retirement your super fund may ask you to sign a declaration stating that you intend to never be employed again. But there may be compelling reasons why someone would subsequently return to work. According to the Australian Bureau of Statistics (ABS) the most common reasons retirees return to full or part-time employment are financial necessity and boredom.i Regardless of …

Weekly Market Update 30 August 2019

Weekly Market Update 30 August 2019 Investment markets and key developments over the past week The past week saw share markets boosted by renewed hopes for US-China trade talks helped by a conciliatory approach from China. This saw US and Eurozone shares rise and Japanese and Chinese shares recover from earlier declines. Australian shares fell sharply early in the week but ended higher as renewed optimism on US-China trade talks boosted material and industrial stocks and …