Latest News from Newealth

Announcement: ‘AAAA’ Client Status

• Posted by Dejan Pekic BCom DipFP CFP GAICD

Done.

It took 3 decades but today, Wednesday 13th November 2024 it is with both great pride and pleasure that we announce that the first of our clients has achieved ‘AAAA‘ Client Status.

At Newealth a client is moved to ‘AAAA‘ Client Status once their portfolio achieves a minimum of AUD$10,000,000 in Net Profit after fees and before tax.

We congratulate our client and thank them deeply for allowing us to help them become the first ever Newealth client to achieve in excess of AUD$10,000,000 in Net Profit after fees and before tax.

This is not the end of the journey, today we only finished a part of this epic adventure which is to help our clients accelerate their wealth.

Trump Triumphs

• Posted by Dejan Pekic BCom DipFP CFP GAICD

Donald Trump is back as President.

Key policies include reducing US corporate tax rate from 20% to 15%, reducing immigration (includes deporting 20 million undocumented people), slashing energy regulations, slashing financial regulations and increasing tariffs on trade.

If tariffs are increased 10% to 20% on all imported goods and 50% to 60% on goods imported from China this would take the average US tariff rate on imports to around 17% which has not been seen since the 1930’s.

Click for chart.

Be prepared for a shake-up, change and upheaval in financial markets.

As Benjamin Graham taught us, all we need to do is remain invested according to our appetite for volatility and when the next panic takes hold, react by buying more quality assets at discounted prices.

Our business is based on referrals, so if you have family, friends or colleagues that want advice please ask them to contact us.

Markets Expectations for 2025

• Posted by Dejan Pekic BCom DipFP CFP GAICD

This Wednesday our time, we expect the November 4th US Presidential Election to be decided.

Will it be good news or bad news?

Unclear.

However, Mr Market is expecting interest rates to continue to be cut for most of the developed World in 2025.

Click for table.

Interest rates cuts are good news for almost all assets because they increase the present discounted value of future income but this can also lead to asset price bubbles if the interest rate cuts are too big.

Understand that investing can be confusing but as Benjamin Graham taught, all we need to do is remain invested according to our appetite for volatility and when the next panic takes hold, react by buying more quality assets at discounted prices.

Our business is based on referrals, so if you have family, friends or colleagues that want advice please ask them to contact us.