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Intergenerational Wealth – April 2017 Newsletter

April 2017

Welcome to the latest edition of our client newsletter,

Our articles cover a range of topics which we hope you will find interesting. We aim to keep you informed of changes as they happen, but we also want to provide ideas to help you live the life you want, now and in the future.

In this edition we discuss The future of money and provide you with information on Beware SMSF property spruikers and A digital life after death.

If you would like to discuss any of the issues raised in this newsletter, please don’t hesitate to contact us.
In the meantime enjoy the beautiful Autumn weather ahead and we hope you enjoy the read.

Intergenerational Wealth – April 2017 Newsletter

All the best,

Emilio and the team at Intergenerational Wealth

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Intergenerational Wealth – March 2017 Newsletter

March 2017

Welcome to the latest edition of our client newsletter.

Our articles cover a range of topics which we hope you will find interesting. We aim to keep you informed of changes as they happen, but we also want to provide ideas to help you live the life you want – now and in the future.

In this edition we discuss Estate planning and why you need a super plan and provide you with information on Give your career a health check and The door is closing on super’s current caps.

If you would like to discuss any of the issues raised in this newsletter, please don’t hesitate to contact us.

In the meantime, enjoy the warm weather and we hope you enjoy the read.

Intergenerational Wealth – March 2017 Newsletter

All the best,

Emilio and the team at Intergenerational Wealth

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The clock is ticking, superannuation changes effective 1 July 2017

The clock is ticking, superannuation changes effective 1 July 2017

Changes to the superannuation rules will come into play on 1 July this year. This is an opportunity for you to consider your circumstances and if it is right for you, you could make the most of the current rules that have larger contributions caps.

As of 1 July 2017, the non-concessional contribution cap drops from $180,000 per annum to $100,000 per annum, which means you won’t be able to put as much into your super as you can right now.

Also, the other thing to be aware of is that from the new financial year, if the total balance of your super accumulation and income streams is over $1.6 million, you won’t be able to make any more non-concessional contributions.

You could be eligible to top up your super by up to $540,000

If you’re under age 65, you could also bring forward three years’ worth of after-tax super contributions up to a maximum of $540,000. This is significantly higher than the $300,000 limit that will apply from 1 July 2017.

What else you need to know

An important reminder is that if you contribute more than these caps, you may have to pay extra tax. Also, once your funds are invested in super, you need to meet a condition of release such as retirement, to get access to the funds. The value of your investment in super can go up and down. Before making extra contributions to your super, make sure you understand and are comfortable with any risks associated with your chosen investment option.  It’s important that you speak to an expert about how these changes will impact you before making any financial decisions.

How can you make the most of current superannuation rules?

These are important decisions and you need to consider your own circumstances and assess what the best outcome is for you. We are here to help. Speak to us before the 30 June 2017 deadline to find out how these super changes might affect you.

For further information, please refer to the link below.

Non Concessional Cap opportunity before 1 July 2017

 

Yours sincerely,

Emilio Bangit

Authorised representative of Charter Financial Planning Limited

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Intergenerational Wealth – February 2017 Newsletter

February 2017

Welcome to the latest edition of our client newsletter,

Our articles cover a range of topics which we hope you will find interesting. We aim to keep you informed of changes as they happen, but we also want to provide ideas to help you live the life you want – now and in the future.

In this edition we discuss Should you own the roof over your head and provide you with information on What’s your biggest obstacle to financial success and Get ready for the first year of retirement.

If you would like to discuss any of the issues raised in this newsletter, please don’t hesitate to contact us.

In the meantime enjoy the beautiful Summer weather ahead and we hope you enjoy the read.

Intergenerational Wealth – February 2017 Newsletter

 

All the best,

Emilio and the team at Intergenerational Wealth

Tanya Harber No Comments

December 2016 Snapshot – The Australian housing market

The Australian housing market – surging unit supply, the economy and what it all means for investors

Housing matters a lot in Australia. Having a house on a quarter acre block is part of the “Aussie dream”. Housing is a popular investment destination. And the housing cycle is a key component of the economic cycle and closely connected to interest rate movements. But in the last 15 years or so it has taken on a darker side as a surge in house prices that started in the late 1990s had led to poor affordability and gone hand in hand with surging household debt.

Key points

  • Expensive housing and high household debt leave Australian housing vulnerable. But without a recession or much higher interest rates a property crash is unlikely.
  • However, the surging supply of apartments and the continuing strength of the Sydney and Melbourne property markets pose an increasing risk. Average dwelling prices in these cities are likely to see another cyclical 5-10% price downswing around 2018, with unit prices in oversupplied areas likely to decline 15-20%.
  • The combination of high house prices, huge gains in Sydney and Melbourne, low rental yields and a coming surge in the supply of apartments mean property investors need to be careful. Best to focus on undersupplied, less loved parts of the property market.

december-2016-snapshot-the-australian-housing-market

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Intergenerational Wealth – December 2016 Newsletter

December 2016

Welcome to the latest edition of our client newsletter,

Our articles cover a range of topics which we hope you will find interesting. We aim to keep you informed of changes as they happen, but we also want to provide ideas to help you live the life you want – now and in the future.

In this edition we discuss Don’t want to work full-time and provide you with information on Five tips for happy, healthy aging and Blinded by optimism.

If you would like to discuss any of the issues raised in this newsletter, please don’t hesitate to contact us.
In the meantime enjoy the beautiful Summer weather ahead and we hope you enjoy the read.

intergenerational-wealth-december-2016-newsletter

All the best,
Emilio and the team at Intergenerational Wealth

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November 2016 Snapshot – 54.2 million worries

54.2 million worries

We are going through one of those periods where it seems there is a long list of things for investors to worry about: the US election; the Fed; ever present fears about a break of the Eurozone; and China. To be sure these risks are real and in our view some combination of them could drive a short term correction in shares, but we don’t see them derailing the longer term rising trend in shares. More fundamentally there seems to be a never ending worry list which is receiving an ever higher prominence as the information age enables the ready and rapid dissemination of news, opinion and noise. The danger is that this is making us all worse investors as we lurch from one worry to the next resulting in ever shorter investment horizons in the process. The trick is how to manage the noise to avoid this.

Key points

– The combination of a massive ramp up in financial information combined with our natural inclination to zoom in on negative news is making us worse investors: more fearful, more jittery, more short term.
– Five ways to help manage the noise and turn down the worry list are: put the latest worry list in context; recognise that shares return more than cash in the long term because they can lose money in the short term; find a process to help filter noise; make a conscious effort not to check your investments so much; look for opportunities that investor worries show up.

november-2016-snapshot-54-2-million-worries

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Intergenerational Wealth – November 2016 Newsletter

Welcome to the latest edition of our client newsletter.

Our articles cover a range of topics which we hope you will find interesting. We aim to keep you informed of changes as they happen, but we also want to provide ideas to help you live the life you want – now and in the future. In this edition we discuss Is you insurance overdue, and provide you with information on Be a senior entrepreneur on your own terms and Put your backyard to work.

If you would like to discuss any of the issues raised in this newsletter, please don’t hesitate to contact us. In the meantime enjoy the beautiful Spring weather ahead and we hope you enjoy the read.

All the best, Emilio and the team at Intergenerational Wealth.

intergenerational-wealth-november-2016-newsletter

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November 2016 Snapshot – Donald Trump elected President of the US

November 2016 Snapshot – Donald Trump elected President of the US

After a seemingly long and difficult campaign Donald Trump has been elected president of the United States with the Republican Party likely retaining control of the House, and probably the Senate, in Congress. Just as we saw with the Brexit vote, the combination of rising inequality, stagnant middle incomes and the disenchantment of white non-college educated males has seen a backlash against the establishment and helped deliver victory for Trump. This note looks at the implications.

Key points

– Donald Trump’s election as President of the United States risks ushering in a period of policy uncertainty which could cause further share market weakness in the short term.
– Australia and Asia generally are particularly exposed to this given the high trade exposure regionally.
– Trump’s victory is a negative for “risk assets” like shares and the $A in the short term – but if he becomes more pragmatic as President, any short term weakness will provide a buying opportunity.

november-2016-snapshot-donald-trump-elected-president-of-the-us

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Intergenerational Wealth – October 2016 Newsletter

Intergenerational Wealth – October 2016 Newsletter

Welcome to the latest edition of our client newsletter, Our articles cover a range of topics which we hope you will find interesting. We aim to keep you informed of changes as they happen, but we also want to provide ideas to help you live the life you want – now and in the future. In this edition we discuss Government pulls back on proposed changes to super and provide you with information on do parents make good employees and is your insurance overdue. If you would like to discuss any of the issues raised in this newsletter, please don’t hesitate to contact us. In the meantime stay safe and we hope you enjoy the read. All the best, Emilio and the team at Intergenerational Wealth

intergenerational-wealth-october-2016-newsletter