27 Nov 2018
Taxation: Rising tax burden
- Posted by Dejan Pekic BCom DipFP CFP GAICD
It is now a fact.
What you have long suspected is true.
Taxation in Australia has been increasing and you are paying more tax.
Click to read.
23 Nov 2018
50 million
- Posted by Dejan Pekic BCom DipFP CFP GAICD
The Australian Bureau of Statistics (ABS) has released population forecasts for Australia which on a best case scenario see us reaching 50 million by 2066.
Let’s put aside the fact that some of us may not be around in 2066.
The implication, assuming the population does increase, is multiple decades of increasing consumption of goods and services which is good for business and good for property prices.
This does not mean that we are immune from a property crash and or a share market crash and or a bond market crash along the way which is defined as a fall of 20% or more from recent peak.
So remember, when fear and panic take hold during the next financial catastrophe, investors will be presented with the opportunity to buy more quality assets at discounted prices.
Click to read.
22 Nov 2018
Late 1930’s
- Posted by Dejan Pekic BCom DipFP CFP GAICD
Ray Dalio is the Founder of Bridgewater which is the largest hedge fund in the World with US$160 billion in assets and he likens the World today to the late 1930’s.
Is he right or overly pessimistic?
You be the judge.
Click to watch.
13 Nov 2018
China: Stepping into the future
- Posted by Dejan Pekic BCom DipFP CFP GAICD
This is an excellent research paper on China detailing its current position as the World’s second largest economy, the specific goals for its 13th Five Year Plan and the two key risks that it faces (high debt levels and trade tariffs).
Enjoy.
Click to read.
7 Nov 2018
Newealth FSG & CG (November 2018)
- Posted by Dejan Pekic BCom DipFP CFP GAICD
We have updated our Financial Services Guide and Credit Guide to include the newly created Australian Financial Complaints Authority (AFCA).
For more details, click ‘Newealth FSG & CG’ or alternatively go to the FINANCIAL SERVICES GUIDE & CREDIT GUIDE link at bottom of the page.
5 Nov 2018
Educating Children: How to raise rich kids
- Posted by Dejan Pekic BCom DipFP CFP GAICD
Have been sitting on this post from earlier in the year and reflecting on it messages.
It is true that money does not make you happy (there are lots of rich miserable people) but it certainly does make life easier.
Click to read.
