28 Oct 2022
Australian Entrepreneurs: Young Rich
- Posted by Dejan Pekic BCom DipFP CFP GAICD
Here are our Top 10 under 40 year old self-made entrepreneurs.
Other than being age 40 and under, you only needed $35 million to get on the 2022 Young Rich List.
Just goes to prove that this country of ours is still a land of opportunity if you have the determination to succeed.
Click to read.
If you want to take advantage of the current crash in asset prices (or have family, friends, colleagues that want to take advantage) please contact us.
26 Oct 2022
Australian Federal Budget 2022 (second time this year)
- Posted by Dejan Pekic BCom DipFP CFP GAICD
The Federal Treasurer Jim Chalmers has handed down his first Budget which is focused on easing the cost of living, addressing a slowing economy and introducing investments designed to place Australia in a stronger position.
A few of key opportunities include-
- Increased child care subsidy rates and expansion of paid parental leave.
- Provide more Australians with access to affordable housing through a national housing accord.
- Reconfirmation that the minimum age for making downsizer contributions into super will be lowered from 60 to 55.
- Energy-efficiency grants for small to medium sized businesses.
Click to read.
24 Oct 2022
Market Metrics: ASX200
- Posted by Dejan Pekic BCom DipFP CFP GAICD
Interesting, the ASX200 has not crashed. Corrected yes but not crashed.
the ASX200 has fallen 15.3% from recent peak which was recorded on the 3 October 2022 when it closed at 6,452 points.
Reviewing historical data shows that market corrections of 10% from recent peak are routine and occur often however market crashes defined as a fall of 20% plus from recent peak are far less frequent.
Click for chart.
The key is never to panic during corrections or creashes because asset prices are not in your control but how you react is in your control.
Market corrections are a great time to buy and market crashes are the very best time to buy.
If you want to take advantage of the current fall in asset prices (or have family, friends, colleagues that want to take advantage) please contact us.
21 Oct 2022
The Centi-Millionaire: A New Class of Super-Rich
- Posted by Dejan Pekic BCom DipFP CFP GAICD
The Centi-Millionaire Report is the first global study of UHNW (Ultra High Net Worth) individuals who have over US$100 million in investable assets.
There are an estimated 25,490 Centi-Millionaires across the globe comprising multinational CEO’s, baby boomers selling off their enterprises, heirs who inherited their wealth and tech-titan Millennials/Gen Z’s.
Unsurprisingly most, 38% or 9,730 are located in the United States.
Click to read.
If you want to take advantage of the current crash in asset prices (or have family, friends, colleagues that want to take advantage) please contact us.
19 Oct 2022
Market Cycles: Bull vs Bear
- Posted by Dejan Pekic BCom DipFP CFP GAICD
We trust that you are not overly anxious about the current bear market that we are all experiencing.
History confirms that even though bear markets occur at irregular intervals, they do in fact occur routinely and are shorter in duration than bull markets.
They also present opportunities to buy more quality assets at discounted prices, they always end and are always followed by a new bull market.
Click for chart.
If you want to take advantage of this asset price crash (or have family, friends, colleagues that want to take advantage) please contact us.
11 Oct 2022
Market Metrics: EPS Growth
- Posted by Dejan Pekic BCom DipFP CFP GAICD
Positive news.
The current bear market, defined as a fall of 20% or more since recent peak has improved EPS growth forecasts.
EPS (earnings per share) is a measure of a company’s profitability and calculated by dividing a company’s net income by the number of shares outstanding.
That means that we want EPS to grow.
Click for charts.
Yes, the current crash in asset prices could fall further but experiece tells us that quality assets rebound quickly when prices have fallen by 20% and over.
WARNING, this does not constitute Personal Advice. To discuss if this is an appropriate strategy for your given circumstances please do not hesitate to contact us directly.
If you want to take advantage of this asset price crash (or have family, friends, colleagues that want to take advantage) please contact us.
6 Oct 2022
Decarbonisation: Energy Consumption
- Posted by Dejan Pekic BCom DipFP CFP GAICD
The World is planning to transition to Net Zero by 2050 but if we look back at the past 40 years the facts are telling a different story.
China and United States are the Worlds biggest fossil fuel consumers. China has increased fossil fuel consumption by 440% versus United States at 38% over the same period and the volumes consumed just continue to rise.
On the plus side China has increased renewable energy consumption by 30 times versus the United States which has only doubled but still fossil fuel consumption dominates.
Click for charts.
The fact is that transitioning to Net Zero by 2050 will require even more energy production volume than what is being produced today because developing nations energy needs are rapidly rising to be on par with developed nations.
We need a game changer and that game changer is nuclear fusion.
Fusion is the energy being generated by our Sun and if the human race is going to survive on this planet then we must create vast volumes of clean energy. This is coming.
