Blog

February 7, 2018

New Year resolutions, New Year strategies

Stop procrastinating. These two words can provide an excellent starting point for investors who are determined to set meaningful resolutions and strategies for 2018 and beyond. Behavioural economists have long warned that the common traits of procrastination and inertia can be highly detrimental to investors. Most of us would recognise the long-term rewards of setting realistic investment goals, creating an appropriately-diversified portfolio and saving more for retirement. Yet even with the best intentions, we may never quite get around to it. In short, we procrastinate and waste opportunities to improve our chances of investment success. Each of the following points […]
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 […]