Most of us would know the difference between investing and gambling and if we had to mention a single commonality between the two, it would be that both contain an element of risk. But that’s where the similarities end. The recent headlines on the high-stakes action of GameStop, an American chain of video games stores, […]
2020-21 Federal Budget: 3 Key Take-Aways
The impact of COVID-19 on the economy has delayed the release of the Federal Budget this year to October instead of the usual May announcement. On Tuesday (6th Oct 2020), Treasurer Josh Frydenberg proposed a range of measures to get our economy back on it’s feet, albeit a third wave of COVID-19. Financial Life Planner […]
To hedge or not to hedge?
When you invest globally you are not only exposed to the risk of the investment, you are also exposed to exchange rate risk. That is, the risk that the currency you purchase the asset in (e.g. British Pounds) will rise or fall against the Australian Dollar. Such movements in exchange rates can impact your investment […]
Estate Planning with an SMSF
Self Managed Super Funds continue to be a popular choice for those wanting more control over their retirement savings. The focus within SMSFs is often on implementing strategies to boost your account balance or reduce the tax bill. But an equally important stage of the lifecycle is estate planning with an SMSF. Estate planning and […]
Does the 4 percent rule still work?
The 4 percent withdrawal rule is a rule of thumb that helps investors easily calculate how much they need to save in order to ‘live off the earnings for the rest of their life’. Without this guideline, it would be very difficult for most people to plan for decades of non-working life without worrying about […]