Unfortunately, rather than playing the role of educator, the financial media have a vested interest in focusing on sensationalism, short-term events, and fear-driven stories. In this article, we’ll bring the important concepts back to basics. We’ll unpack the various stock market misconceptions and provide a clear framework for thinking about the stock market on your investing journey. We hope this will help you observe the world through a new lens and become a more mature and successful investor
Every significant world event affects our financial system. These events typically evoke emotions that, when acted on, can be detrimental to our financial health. Unfortunately, emotions are highly contagious, and when these emotions make it harder to be good investors, we must be careful about how we proceed. In particular, there are two temptations we see even smart investors face on a very regular basis. Successfully dealing with these temptations is what separates good investors from great investors.
Real wealth takes decades to build and only days to destroy if you’re not careful. Our advice is to only expose your family’s financial fortress to strategies that have always worked. Our reason for being is to help you protect this fortress so that it can provide safety and security for your family for many generations to come. As you navigate the financial world, we’ll stand guard at the fortress walls, helping you make informed decisions about who and what to let inside.
Australia is a land of contrasts, not just in its landscapes but also in its cultural and economic landscapes. In this blog, we’ll explore the dynamic financial markets of Australia and delve into the quirky and endearing world of Australian humour. Australia’s financial markets and its unique sense of humour both reflect the country’s dynamic and diverse nature. Whether you’re navigating the complexities of the ASX or enjoying a good laugh with some Aussie mates, there’s always something intriguing and enjoyable to discover in Australia.
When it comes to managing finances, many people turn to accountants for help. However, not all accountants are the same. This blog post delves into the difference between a tax accountant and a strategic accountant to help you decide which is better suited to help you.
For Australian investors, understanding how inflation can erode the purchasing power of your money and affect your investments is crucial for making informed financial decisions. In this blog post, we'll explore what inflation is, how it influences your investments, and strategies to hedge against its effects.
Saving for retirement is a journey that requires careful planning and strategic decision-making. One powerful tool in the arsenal of retirement planning is making concessional contributions to superannuation. This blog post aims to help you understand the benefits of making concessional contributions and also how you can utilise unused concessional contributions from previous years.
Not having appropriate general insurance can leave businesses in Australia exposed to significant risks and financial difficulties. General insurance, including property, liability, business interruption, and workers' compensation insurance, is essential to protect against the unpredictability of operating a business. This blog post highlights the key pitfalls of not having or having inadequate general insurance coverage for businesses in Australia.
Healthcare is a fundamental aspect of a person's well-being, and having the right insurance coverage plays a vital role in ensuring access to essential medical services. In Australia, the healthcare landscape encompasses various insurance options, including Medicare, Private Health Insurance, and Life Insurance, each offering distinct benefits and coverage. Let's explore what each of these options entails and their significance in safeguarding one's health and financial security.
Investing can be likened to a voyage across the vast and unpredictable oceans. Just as sailors need to understand their ship's capabilities, the nuances of the weather, and their own resilience to withstand turbulent seas, investors must comprehend their risk tolerance, capacity, and requirements. This comprehensive understanding is essential in crafting an investment strategy that reaches financial goals and aligns with personal comfort levels.
Welcome to a fresh New Year! We all know that making a New Year’s resolution usually only lasts for a month or two. But that is because they often lack the key attributes that make goal setting so powerful. That said, it is the perfect time to set new goals and intentions that can lead to a transformative year ahead. Whether it's boosting your health, securing your wealth, expanding your business, or enriching your relationships, setting goals is the first step towards real change. Below, we'll guide you through setting meaningful goals in these key areas and share tips on how to stay on track all year round.
As we welcome the festive season, it's a time for joy, celebration, and togetherness. However, amidst all the excitement, it's crucial to remember the importance of financial planning, particularly for our pensioner community. We know that this season can bring additional expenses, and it's our goal to help make this time of year a bit lighter and brighter for you.
Ho, ho, ho! It's that time of year again when our wallets feel a little lighter and our stress levels a bit higher. But fear not, my festive friends! I'm here to guide you through a Christmas spending strategy that's more about laughter and less about ledger entries. Let's sleigh our way to a financially stress-free holiday, shall we?
The human brain is hardwired for storytelling. From ancient cave drawings to modern-day blockbusters, we've always been drawn to tales that help us make sense of the world.
In short, it does not. Superannuation is not classified as a estate asset.
In the words of Benjamin Franklin, “If you fail to plan, you plan to fail”. Don’t let your failure to plan be the undoing of your legacy that you have spent your life building.
The investment banker was impressed by the quality of the fish and asked the Mexican how long it took to catch them.
We were talking about mortgages and I quizzed my dad on why the bloody hell he would still be with the bank he was with the interest rate he had.
In order to get better at anything, first, you have to understand your identity.
Financial planning and having a solid cash flow management structure in place can help limit the impact of the present bias and allow compounding interest to win the day.
“Understand that ethical wealth creation is possible. If you secretly despise wealth, it will elude you”
