Investing in shares and cash

Better investment options for your cash

It’s an oldie but a goodie – never put all your eggs into one basket. But, what’s the best way to grow your wealth with investment options outside cash.

Saving your money is important. But, putting your money into a savings account, even with a decent interest rate, may not be the best way to grow your wealth.

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What to know about salary sacrificing

Confused about salary sacrificing? You’re not alone. Let us clear it up for you.

What is salary sacrificing?

Salary sacrificing (also known as salary packaging) is an arrangement between you and your employer, where you can use your pre-tax income to purchase some items or services. Your taxable income is therefore reduced and as a result, so is your tax bill. For many, it’s a win/win situation.*

Adviser

Being a Financial Adviser in 2019

The average suicide rate in Australia is 13 per 100,000 (ABS, 2017) and sadly over last 12 months 16 Financial Advisers have committed suicide which is about 3.25 times the national average. (Keep this in mind when reading the below) An industry expert has described the current state of mental health and wellness of financial Advisers as being at crisis point as a result of the fallout from the financial services Royal Commission and changes to the financial services landscape which we have all had to accept.

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Where is the best place to stash your cash?

 

Most Australian’s want to know where is the best place to stash your money for a rainy day, a holiday or to have extra income when needed and it’s becoming a bit harder with all the volatility in share markets and property. It’s also become more urgent if you are expecting a handy tax return.

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August Market Update

 

 

A slowdown in manufacturing and continuing weakness in many emerging economies, as well as in Germany, has startled financial markets as we can see by the drop off in the first half of August. An escalation of the economic “cold war” between the US and China has threatened to derail global growth and affects markets globally. President Trump’s imposition and subsequent delay of additional rounds of tariffs has also been met with increasing nervousness.

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3 ways to boost your Pension

 

Aussies are living 10 years longer than we did 50 years ago with a combination of medical advancement, increased life expectancy and more active lifestyles well into retirement. Expectations of retirement are also higher, whether that be overseas travel, learning a new skill or spoiling the grandkids. This increases the need to look at ways of boosting your retirement savings before the need to draw an income from those assets.

Recent changes to boost retirement income may go at least some of the way to achieving your dream retirement and providing for a healthy, independent and good life in your later years. While there are some changes that affect self-funded retirees, the changes generally relate to those with Centrelink entitlements.

Here are the three main areas where changes have been introduced as of 1 July 2019.

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