Financial Planning, Investment & Insurance Solutions

  • Measuring the ASX (Again)

    Measuring the ASX (Again)

    A few years back we wrote a story on the ASX 200. As we said at the time “it’s often referenced, but few of us know what’s behind the number that’s quoted on the nightly news.’ You might call the ASX or any other equity index somewhat of a living entity, it’s hopefully growing, but it’s definitely evolving. Equity indices will rebalance throughout the year, shedding some securities and replacing them with others. On the ASX the rebalancing occurs on a quarterly basis, while at any time throughout the year there can be a deletion due, usually due to a…

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  • 2018 September Quarter Review

    2018 September Quarter Review

    Economic Overview Economic growth and earnings data remained robust during Q3, and this ultimately overshadowed simmering concerns around the escalating US-China trade war. The US initially targeted $34 billion of Chinese products with a 25% tariff in early July, while monetary policy tightened in the US. Markets were mostly positive in developed countries, but there was significant volatility in some emerging markets. Commodities struggled against a strengthening US dollar, while energy continued to rise with the prospect of sanctions on Iran. In the US, ongoing growth and strong employment figures allowed the Federal Reserve to increase the federal funds rate…

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  • The Self-Driving Portfolio

    The Self-Driving Portfolio

    Right now, there’s a rush on. It’s all about removing your hands from the steering wheel of your car. Maybe removing the steering wheel completely and letting the car do the work. Driving to work, to your holiday destination, visiting family a few hours away or just down to the supermarket. What will you do? Read a book? Watch a movie? Sleep? Stare out the window, confused that your car is driving itself? How long is this going to take? First it needs to be fully perfected. Then governments will need to be persuaded. Then the mass market of drivers…

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  • We All Need to Know Financial Control

    We All Need to Know Financial Control

    In many aspects of our lives we’ll find ourselves either pursuing areas of expertise or delegating to those who can better utilise their skills for an improved outcome. Alternatively, you can watch DIY Youtube videos for guidance. Setting aside internet expertise, these are often what forms our jobs or careers. A specific skill that we’ve honed, or a set of skills we’ve specialised in, so we can perform a role and contribute in a way that’s valuable to a team. There’s no need to know everything because if your workplace is focused on a goal, you may find people around…

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  • FIRE Burns A Path to Freedom

    FIRE Burns A Path to Freedom

    The FIRE phenomenon has recently resurfaced in the media. FIRE stands for financial independence/retire early. The concept seems to spin the heads of those in the media and 90% of readers who respond in the comment sections below articles. For the refresher, it’s figuring out what you can live on, knocking down the expenses to that level, then saving the appropriate amount that will generate enough to cover said expenses. If you can live on $30,000, you’ll probably need $700,000 returning 4.5% per annum to cover your needs. Getting to the $700,000 (or more) is the hard part. Many of…

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