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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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Are you or someone you know looking to update your old fridge or TV?
Read more: Are you or someone you know looking to update your old fridge or TV?Looking at updating your old fridge or TV? If you hold a pensioner concession card, health care card or low income health care card you may be eligible for the Government’s appliance replacement offer which would allow you a discount of 40% off the cost of selected fridges and 50% off the cost of selected TVs. For more information on the appliance replacement offer please click here or contact our office on 02 68130977
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Don’t Let Politics Cloud Investment Decisions
Read more: Don’t Let Politics Cloud Investment DecisionsIt could be argued to regularly follow the media is to pursue the extremes of public discourse. Especially, when it comes to politics. Watching the TV, it can be frightening to think of some of the crazed minds that turn up to various ‘pro this’ and ‘anti that’ rallies, but remember they’re not actually representative of anything more than themselves. The media focuses on these varying extremities because it’s good for their business model. Heightened political tensions and outlandish statements offer the impression that conflict, action and urgency are heightened. It turns heads. However, the news never leads with the…
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Reading the Tea Leaves
Read more: Reading the Tea LeavesInvestors at year-end are inclined to reflect on the 12 months gone and muse on what the coming year might bring. Aware of this appetite for speculation, the media tends to feed it with forecasts. These articles can be fun to read, but are even more so a year later. In January 2017, for instance, one media outlet said Wall Street strategists were more bearish on equities than they had been for any year since 2005. The consensus forecast for the S&P 500 was for a gain in 2017 of about 4%. Individual forecasts from the 16 analysts quoted by…
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