The life sector was front and centre during COVID-19 as consumers, through a variety of experiences with death, illness, or losing work due to the economic crisis, “suddenly” woke-up to the entire life insurance topic.
We found many more clients asking about personal insurances, as COVID-19 had everyone reaching for their policy documents, in the same way consumers pore over T&Cs in their house insurance policies after a bushfire or flood.
Read MoreFinancial Stress is the biggest cause of break-ups.
The first step could obviously start by sorting out your finances, tightening your belt or getting a financial plan, whether through professional financial advice or a more DIY route.
Read MoreLife is the most difficult exam.
Many people fail because they try to copy others, not realising that everyone has a different question paper.
Read MoreOne of the keys to investment success is to avoid the noise. Investment noise is the constant drumbeat of extraneous information that we’re all subjected to day in and day out. It comes to us via the financial press, the internet and even in the workplace. Ignore this noise and your odds for success increase.
Click the link below to learn more from our Newcastle Financial Planning Advisers.
Read MoreThe ‘ostrich effect’ is the decision to ignore dangerous or negative information by “burying” one’s head in the sand like an ostrich. Or investors “put their head in the sand” to dodge facing their financial portfolios when they're expecting bad news.
Research suggests that investors check the value of their investments & superannuation funds significantly less often during bear markets.
Read MorePlanning is bringing the future into the present so that you can do something about it now.
Read MorePeople buy new golf clubs before getting golf lessons & wonder why their game isn’t getting better.
Financial planning advice is very similar.
Read MoreWe are just a few weeks away from 2021.
The Newcastle Advisors team have been preparing their predictions for the year ahead, and it’s almost time to share them with you.
How about you….What do you expect to happen next year? Do you have financial goals you are trying to achieve? Do you have a plan to take advantage of opportunities as an investor?
Read MoreI remember growing up and hearing my parents say things like;
'We can't afford that' 'Do you think money grows on trees'
Psychologically that plays with us as we get older.
It almost felt like money was only for a certain type of person & it wasn’t for everyone.
Read MoreIf I could buy a building that would generate an income $100,000 per year.
Generally speaking that building would be yielding 5%.
So that means the building will cost you $2m.
Therefore, if you could earn $100,000 per year, that means you are worth $2m.
So you have an asset. Your ability to earn is your biggest asset.
Read MoreInitially, buyers would have a choice: a one-off stamp duty bill, or a relatively modest annual property tax.
The opt-in would be once only. If a buyer chose to pay property tax, their house, apartment or commercial building would forever be subject to the annual tax.
Read MoreA global pandemic and the nation's first recession in 29 years has seen Australia’s national debt blow out by 40% to $703 billion, thanks largely to the pandemic.
It seems ordinary Australian’s have taken a more prudent approach, reducing their collective credit card bill by more than $7 billion over the past year.
However, this is in contrast to the boom in 'buy now, pay later' services. But regulators are circling and consumer advocates warn that this modern day lay-by service leaves Australians at risk of spiralling into debt.
Read More"Help, I think my financial planner is charging me too much?"
We see this all too often.
Each month we have people coming to us for a second opinion, asking “is my financial planner charging me too much?”
To be honest, only you will understand if you are being charged too much.
As what you value from a financial planner is very personal.
Read MoreFinancial planning advice for pilots
For nine months there was a degree of uncertainty.
Annual & long service leave for many has diminished & the music has stopped. The household income has stops for many aviation families.
As a pilot you are trained to make decisions based upon the best available evidence, so it is difficult to comprehend for many, with limited information and evidence available to consume.
Read MoreWhat does a Biden presidency mean for your investments & super?
A Biden presidency & gridlocked Congress is set to provide a stable economic environment for markets.
The gridlock has been cheered by markets as it would prevent Mr Biden's ability to push through major policy changes that could hurt corporate America.
Click on the link below to read our analysis of the implications of President Biden’s victory to markets, superannuation,
Read MoreFinancial Advice for business owners.
Small business owners often have busy & complicated lives.
They are required to succeed in a variety of responsibilities from managing staff, monitoring cash flow, to developing client relationships. This may leave very little time to consider their own personal or long-term financial goals. Having a financial planner to take care of financial details can ensure you have enough cash flow to meet your personal living expenses & free you up to focus on making your business successful.
Read MoreFinancial Advice for doctors & dentists.
We know, that many doctors are so focused on their patients, they simply don’t have time to think about their financial needs.
Doctors often neglect to leverage their earnings & miss opportunities to build wealth.
Or they rush into the latest tax minimising schemes without giving due consideration to the risks.
Read MoreFor over 15 years Matthew McCabe has been helping people make informed, smart decisions about their retirement.
Running his own practice allows him to provide personalised, tailored financial advice to ensure people (like you) are able to retire on their terms.
Matthew understands that people need more than knowledge – they need a clear road map to a financially secure future. Furthermore, Matthew understands poor advice can result in a life of compromise & uncertainty.
Read MoreThe new year is a time when we often hear others speak about their new year’s resolutions, what is your new year’s resolution?
Lose weight? Give up smoking? Give up gambling? Give up the booze? Save money? Buy a house? Or even retire?
Why not try something a little different this year & get your finances sorted in 2021.
Read MoreGet your S.H.I.T. together (Super, Home Loan, investments & taxes)
Heading into the end of the year, many are looking at getting their S.H.I.T. sorted before Christmas.
Having your finances sorted can provide you with more choices for how you live your life both now & in retirement.
There are some important steps you need to take to achieve your goals for 2021.
Read More
