- Residential Property Price Index rose 21.7% over the last twelve months (ABS)
- ASX200 is up 11.38% across the last year
- US S&P500 is up 28.79% across the last year
- Bitcoin is up 56%
- US Nasdaq index is up 23.2%
We’re working on a bunch of new events for this year, so keep an eye on your inbox. In the meantime, check out the full list of events that are coming up and click through to register:
- Why you need a financial adviser if you make more than $250k p.a: Thursday 13th January 12pm
- How to use property equity to invest when your LVR is below 50%: Tuesday 25th January 12pm
- How to invest if you’re saving more than $5k monthly: Thursday 24th Feb 12pm
- Employer share plan tax hacks and mistakes to avoid: Thursday 10th Feb 12pm
- The ASX ‘All Ords’ (top 500 shares in Australia) finished the week 1.26% higher than last Friday, on 7,779.20 points.
- The US ‘S&P 500’ (Top 500 shares in America) finished the week 0.68% higher than last week, at 4,766.18 points.
- The US ‘Nasdaq’ (Top 2500+ mainly tech shares in America) finished the week -0.33% lower than last week, at 15,644.97 points.
Investment story of the week: Paladin Energy Ltd (ASX:PDN)
Paladin Energy led among blue chips on Friday, ending the session with a 6 per cent gain, capping a stellar year in which the stock has tripled. Paladin Energy is a Western Australian based uranium production company. It currently has one operating mine in Africa; the Langer Heinrich mine in Namibia. Paladin was listed on the Australian, OTC and Namibian Stock Exchanges, as well as the Munich, Berlin, Stuttgart and Frankfurt Exchanges. Over five years returns have been remarkably great. In that time, the share price has soared some 858% higher.
Smart Money upside #49
Because people don’t often talk about the full ins and outs of their money, it’s hard to learn lessons from hearing what good and bad choices other people make. This story is from one of our clients to help you take your money game to the next level.
Individual; early 30’s, income ~$160K, total assets ~135k, savings $3k annually
Feeling stuck, overwhelmed by choice. Analysis paralysis, information overwhelm.
What they wanted from us / the advice process
Set up long-term savings plan to help plan for future investments and manage a mortgage. Savings plan in place to help fund an ideal lifestyle, ensure super money is working hard.
What success looks like for them
Would love to be debt-free with the exception of a mortgage. Maximise the opportunity with their current employer around share options.
What money strategy they were following before we went through the planning process
No strategy around banking, debt, little savings
What money strategy do they choose to pursue from our planning work
Have a clear plan on how to repay debt and start building assets.
Key benefits of going through the process
Clarity and support, the team was able to provide tough love that was needed to help set a clear plan and stay on track to achieve the goals.
Value of advice after all advice fees year one: – $4,695
Year 20 upside after advice fees: $286,042
If this story resonates and you want to chat about how to get these sorts of results, you can book an intro call here
PS: If you want a hand to get on the front foot with your money in 2021, check out our 45-minute one-on-one sessions here. We’re donating 100% of the money raised to charity, so you can up your money game and do something good on the planet at the same time.
I know you’re smarter than someone that would need me to write the words that come next, but our compliance peeps are real hard-asses so here we go… This information is not personal advice, poetry, or a map to where Jimmy Hoffa is buried. It may only be regarded as general advice, and definitely shouldn’t be considered something worthy of inclusion for Donna Hay’s next cookbook or the Archibald prize. This is actually just an email communication that has been sent to a bunch of people and doesn’t even have your name on it. Your personal objectives, needs or financial situation have not been considered when preparing this email, but I want you to know that I have spent a lot of time thinking about the Venn diagram intersection of poetry, landscaping, and essential oils – if you’re fascinated by this same phenomenon please reply so we can compare notes. You should consider the appropriateness of any general advice we have given you, having regard to your own objectives, financial situation and needs, and if necessary, seek advice before acting on it. You should also consider other people when getting on and off public transport, smiling more, eating healthy, and listening to your mum when she tells you that you’ve been working too hard. Where the information relates to a financial product, you should obtain and consider the relevant product disclosure statement before making any decision to purchase that financial product. Where the information relates to a hilarious joke I’ve made, you should consider belly laughing deeply. Worth noting also that past performance is not a reliable indicator of future performance when it comes to investments, and definitely not when it comes to the Wallabies. Financial services guide. All jokes aside and just to be clear, this information may only be regarded as general advice. That is, your personal objectives, needs or financial situations were not considered when preparing it. You should consider the appropriateness of any general advice we have given you, having regard to your own objectives, financial situation and needs, and if necessary, seek advice before acting on it. Where the information relates to a financial product, you should obtain and consider the relevant product disclosure statement before making any decision to purchase that financial product. Past performance is not a reliable indicator of future performance.