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Tuning Out the Noise
Read more: Tuning Out the NoiseFor investors, it can be easy to feel overwhelmed by the relentless stream of news about markets. Being bombarded with data and headlines presented as impactful to your financial well-being can evoke strong emotional responses from even the most experienced investors. Headlines from the ”lost decade”1 can help illustrate several periods that may have led market participants to question their approach. May 1999: Dow Jones Industrial Average Closes Above 11,000 for the First Time March 2000: Nasdaq Stock Exchange Index Reaches an All-Time High of 5,048 April 2000: In Less Than a Month, Nearly a Trillion Dollars of Stock Value…
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Statement on Banking Royal Commission
Read more: Statement on Banking Royal CommissionWe’ve all been concerned about recent news emanating from the Financial Services Royal Commission and the confidence of Australians to receive trustworthy, thoughtful and appropriate financial advice. The behaviour of many corporates and advisers has sometimes resulted in a devastating financial impact on investors. Sadly, we have witnessed several of these occurrences when assisting and representing clients who have previously been serviced by bank and institutional financial planners. Many, but not all, of the problems highlighted have stemmed from the vertical integration model that exists within the major banks and institutions. They employ the advisers who the clients deal with. They…
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2018 FWP Federal Budget Overview
Read more: 2018 FWP Federal Budget OverviewLast night’s federal budget stood out on a tax perspective and there were a couple of other positives to be found. Importantly, we’ve just clocked two consecutive budgets without major superannuation meddling. And the super changes we did get were positive. Pensioners The Pension Loans Scheme will be opened to all Australians over 65, including full rate pensioners and self-funded retirees, so they can boost their retirement income by up to $11,799 for a single and $17,800 for a couple without impacting on their eligibility for the pension or other benefits. Essentially a reverse mortgage, anyone over the retirement age can…
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2018 March Quarter Review
Read more: 2018 March Quarter ReviewEconomic Overview Global economic data remained encouraging during Q1, though after a long period of relative calm and upward movement volatility again reared its head in equity markets. While towards the end of the quarter the potential for trade wars heated up. In the US, economic data continued to be supportive. US business confidence reached a multi-decade high in March. GDP for Q4 2017 was revised upwards to show growth of 2.9%, and while industrial activity slowed – as measured by the ISM manufacturing index – it continued to indicate expansion. The US Federal Reserve raised rates by 25 basis…
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NSW Seniors Festival – Take Part! Take Advantage! Seek Assistance!
Read more: NSW Seniors Festival – Take Part! Take Advantage! Seek Assistance!The 2018 NSW Seniors Festival runs from Wednesday 4 April to Sunday 15 April and aims to celebrate the valuable contributions seniors make to our community. Seniors Festival also serves as a reminder for our seniors to remain active, take advantage of available services and seek assistance where required. Foundation Wealth Planners have put together a list of how to make the most of the 2018 NSW Seniors Festival. Take Part! Get involved with the free or heavily discounted activities and events held all over NSW as part of seniors week. The Dubbo Seniors Expo has been run by the…
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