Showing category "Financial Planning" (Show all posts)
To discuss your end of financial year planning with us, contact us on 02 9417 6011 today. Here's a great checklist for your end of year financial plans. Deadline: 30 June 2012! Superannuation
- Firstly, check how much you've contributed to super so far this financial year. Don't get stung with excess contributions tax by putting in more than the caps.
Concessional Contributions
If you're under age 50, you can contribute up to $25,000 and if you're over age 50, you can contribute up to $50,000 i... Continue reading ...
In a field one summer's day a Grasshopper was hopping about, chirping and singing to its heart's content. An Ant passed by, bearing along with great toil an ear of corn he was taking to the nest.
"Why not come and chat with me," said the Grasshopper, "instead of toiling and moiling in that way?"
"I am helping to lay up food for the winter," said the Ant,"and recommend you to do the same."
"Why bother about winter?" said the Grasshopper; we have got plenty of food at present." But the Ant went ... Continue reading ...
A balanced view on today’s global markets and your investments
Click here to access Russell Investments' VolatilityToolkit
With recent reports on falling markets, it’s not hard to imagine you’d be concerned about your investments.
I’ve had a number of clients contact me, some asking whether this volatility is a precursor to another global financial crisis; some wondering how long we can expect market uncertainty to last. Interestingly, a select few have asked if it’s a good time to buy... Continue reading ...
In the most recent budget, the government changed the taxation laws such that minors receiving non-working income WILL NOT be entitled to the low income tax offset of $1,500 from 01 July 2011.
This means that if you have kids with investment monies (such as a bank balance that has accrued from all that birthday money), they might find they have a tax liability at the end of the financial year.
It also has an impact on your more complex affairs such as paying distributions from a famil... Continue reading ...
From what I've so far read, there's not much to excite in this year's Federal Budget. In a way, that's quite nice - steady as she goes. But do Julia and Wayne have something up their sleeve to rock the boat (or dig the knife in)? Two items of important note for our clients: Contribution caps for over 50’s
There will be a change to the previously announced concessional contribution cap for those over 50 with a superannuation account balance of less than $500,000 (with effect from 1 July 2012, w... Continue reading ...
I was walking through my local park the other day. It has a number of areas for fitness training and most of them were being used by people receiving guidance from a personal trainer. The trainer was instructing them on how to do the exercise for maximum results and giving them encouragement to keep going.
When you first go to a personal trainer, they ask you all sorts of questions. How fit are you? What do you eat? How often do you currently exercise? What kinds of exercise do you do? What ... Continue reading ...
 (Click on picture to enlarge)
At the annual conference I attended recently in Hobart, I had the pleasure of seeing Peter Thornhill deliver a no-nonsense, emphatic and impassioned talk on his favourite topic – the boring world of the sharemarket. He says, “I prefer the safety and security of the sharemarket to risky assets like term deposits.” What the…?
He believes the share markets are guided by forces beyond reason. Their ups and downs can be linked to collective human behaviour, n... Continue reading ...
Your time is valuable. So how do you decide whether it's worth doing something yourself or outsourcing to an expert?
I was chatting with my partner's brother about making decisions during our recent holiday. He said, "my dad always said, 'ask yourself - what information do you need to make the right decision?', then go and get all the information and make your decision."
Wise advice from the old man, indeed.
But in this hectic world, not all of us have the time to research all of the options and... Continue reading ...
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