5 questions to ask your financial planner Finding the right financial planner for your needs, goals and life stage is essential to help you achieve your financial goals. As a specialist profession, it’s important to check your financial planner is professionally licensed and qualified to provide you with advice. Equally important is the rapport you have with them – it should be comfortable and feel like the right fit from the start. Here are five …
Weekly Market Update 17 August 2018 Investment markets and key developments over the past week Share markets had a bit of a messy ride over the last week – first falling on worries about Turkey and then bouncing back to varying degrees on news of new US/China trade talks. This saw Australian and US shares up, Japanese shares flat but Eurozone and Chinese shares down. Bond yields were little changed although they are back above …
Sorting out sibling squabbles When families clash over money, particularly as parents reach their senior years, there can be many issues to resolve. Hear from CERTIFIED FINANCIAL PLANNER® professional James McFall of Yield Financial Planning about how family members can plan for a peaceful transfer of wealth between generations and siblings. Who cares? Nothing is certain except for death and taxes –it’s one of our oldest clichés. Exactly how someone meets their death isn’t certain, but if you’re lucky …
6 ways to navigate your finances in your 40s Growing responsibilities and competing priorities can be a feature of your 40s. Strategic wealth advisor Adrian Hanrahan offers his tips for getting ahead in mid-life. Although marriage, mortgage, and young children may have characterised your 30s, your 40s often feature growing responsibilities and ever-competing priorities. Your parents are older, your mortgage is still on foot, children’s education costs are growing, and though retirement may seem a …
How my life changed when I became a carer Writer Ambra Sancin shares how her life changed when she became a carer for her mother. Many Australians will take on caregiver roles at some point in their lives. Mine came three-and-a-half years ago and it’s been challenging (but ultimately rewarding) on a number of levels. At 90, mum had a number of medical conditions including hypertension, atrial fibrillation (irregular heart beat), macular degeneration – as …
What happened to all the worries about rising inflation & bond yields? :- Goldilocks, tariffs, Turkey & other things Key points The fear of rising inflation and bond yields that dominated investor thinking earlier this year has faded thanks to a combination of: ongoing relatively benign inflation in the US; Fed hikes remaining gradual; strong earnings growth helping distract share market investors; trade war fears; geopolitical worries around Italy and now Turkey; and finally, slower …
So, you’re starting a business… Whether you’ve been plotting it for years or just recently decided to go for it, starting your own business is a big leap. Now that you’re taking the first steps, pause for a moment to consider some often-overlooked factors that will set you up for success. While these may not be as exciting as dreaming up your vision or designing your marketing, building these tasks into your planning will give …
Minimal vs FOMO: what are young people really up to with their money? The spending habits of our younger generation show that experiences mean more to them than buying stuff. So are they better at managing money than their Boomer or Gen X parents? Or is FOMO leading them into the dangers of growing debt? Find out more about money habits of millenials. For some years, retail businesses have been in a tailspin about the …
What is a Power of Attorney? Just as having a Will ensures assets are managed properly when you die, a Power of Attorney allows someone else to look after your finances when you’re unable to. Phillip Richards, Director of Endorphin Wealth Management explains more about what’s involved in having a Power of Attorney and why you’d be wise to have one, just in case. What is a Power of Attorney? There are different types of Powers of Attorney you …
5 tips for getting on top of financial housekeeping Remember the last time you did a good spring clean? It probably felt good. And guess what? Getting your finances in order feels just as good, and it’s even more rewarding. The start of a new financial year is a great opportunity to clean up your act with your finances. Here are five tips to make this year your best yet. Take a day Set …
