Blog

November 29, 2017

‘If only I had a second chance’

No matter our age, most of us would probably look back on some aspects of our lives and say to ourselves: “If only I could do that again; if only I had a second chance”. This, of course, tends to occur quite frequently in regards to our investing and saving. Often, we regret not giving enough attention in the past to our personal financial planning, not beginning to invest regularly from early in our working lives and not adequately diversifying our portfolios. And most of us probably have made investments that we wouldn’t have touched in hindsight. Just think about […]
November 29, 2017

Estate planning advice for SMSFs

An estimated 59,000 self-managed super funds (SMSFs) have unmet needs for advice on estate planning. Comprehensive surveys for the 2017 Vanguard/Investment Trends Self Managed Super Fund Reports found that estate planning is the area of the highest unmet need for advice. This equated to 10 per cent of SMSFs at the time of the surveys. Further, the research found that 10 per cent of SMSFs had concerns about the ability of other members to manage their super funds following the death or serious illness of the most dominant fund member. The recognition of tens of thousands of SMSF trustees that they need […]
November 22, 2017

The critical difference between desired and required returns

We probably all remember during those long difficult car trips as children repeatedly saying such irritating things to our parents as: “When do we get there?”. Perhaps adding to reinforce the point, “I knew we would never get there”. And then pleading whenever a fast-food joint appears on the horizon: “I NEED an ice cream”. Fast forward to today and think how we broadly face similar fundamental, yet much more complex, issues regarding our retirement savings. Astute investors set their long-term goals – the parallel being the destination of those seemingly-endless childhood road trips – and then work out how to get […]