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Recent Market Volatility
Read more: Recent Market VolatilityAfter a period of relative calm in the markets, in recent days the increase in volatility in the stock market has resulted in renewed anxiety for many investors. From February 1–5, the US market (as measured by the Russell 3000 Index) fell almost 6% and in Australia, the S&P/ASX 300 Index fell almost 5% during the equivalent period.[1] This resulted in many investors wondering what the future holds and if they should make changes to their portfolios. While it may be difficult to remain calm during a substantial market decline, it is important to remember that volatility is a normal…
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What does the Family Tax Benefit and energy bills have in common?
Read more: What does the Family Tax Benefit and energy bills have in common?Answer: You have to have both to be eligible for the Family Energy Rebate. The Family Energy Rebate is a state government payment that assists NSW family households in receipt of the Family Tax Benefit in covering energy bills. Depending on your circumstances you could be eligible to $180 a year. To be eligible you must be: A NSW resident The account holder of the electricity account; and receive the Family Tax Benefit during the previous financial year. Applying is easy, you can do this online or via a paper application. For more information on on this rebate and how…
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Active Kids Rebate
Read more: Active Kids RebateWhen the household budget is continually stretched, here is another way to save. The NSW Government offers a $100 voucher for school-enrolled children to put towards the registration and participation costs of sport and active recreation activities for kids. It takes less than 10 minutes to register online. Go to https://www.service.nsw.gov.au/ and follow the steps below. You have until 31 December 2018 to use your voucher. Below are the links we have been able to locate for the other states. The grants/rebates may vary from state to state: Qld – http://bit.ly/2srICHH WA – http://bit.ly/2trFxIG SA – http://bit.ly/2trXDu7 NT – http://bit.ly/2tKt3O2 Vic – http://bit.ly/2sIoW6g Tas – http://bit.ly/2sODdK9
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ASIC Report Finds Issue with Bank Financial Advice
Read more: ASIC Report Finds Issue with Bank Financial AdviceThe reason our financial advice business remains outside the structure of a large bank or institution is because our goal is to provide the best financial advice to you, our client. Instead, we’ve chosen to operate under the Australian Financial Services Licensee (AFSL) of FYG Planners who are privately owned, managed by a board of current financial advisers and have a commitment to the highest fiduciary standards. Our partnership with FYG Planners affords us the freedom to run our business the way we choose and most importantly choose the right financial products for you as our client without any corporate…
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2017 Year in Review
Read more: 2017 Year in ReviewEconomic Overview Once again, the investment strategy of maintaining discipline and holding for the long term won out over reacting to media forecasts and predictions from hyperventilating partisans. In January 2017 CNBC suggested Wall Street was the most bearish they’d been in 12 years, as it turned out, the global economy continued to strengthen as share markets posted solid returns on low volatility. In Q4, defeats in US Senate contests struck fear into Republicans about 2018 mid-term elections and they quickly agreed to the long talked about Trump tax reform bill. Markets rallied with big tax cuts ahead for corporations.…
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