RetireInvest Alderley
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- Fax07 3356 0096
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- AddressNewmarket Place
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NEWMARKET 4051 QLD
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For Your Interest
Welcome to another edition of For Your Interest.
Anne and I have had a very exciting few months, as our eldest son Ben married Krystal on August 11th and our youngest son, Lachlan married Libby on September 15th. Both weddings went off very well and we wish them well for their futures.
As we are drawing to the end of the year it is worthwhile reflecting on the fantastic perfomance of the financial markets. Taking into account the changes in superannuation, allocated pensions, the reduction in tax rates and the increase to the Centrelink Assets Test threshold, times have never been better for Australian investors and retirees.
You will have noticed that these returns have come with an associated increase in global sharemarket volatility and this volatility has also been reflected in the local markets. However, the All Ords at the time of writing this is within about 30 points or less than 0.5% of its all time high. Going forward we expect the Australian economy to continue to perform strongly for the forseeable future. Of course, past performance is not an indicator of future performance.
Please remember that diversification and maintaining your investments for the long term are the best ways of minimising volatility risk. Your annual reviews are designed to enable you to discuss your ongoing investment needs and voice any concerns you may have.
We would like to conclude this newsletter by wishing you all a Happy Christmas and prosperous 2008.
More super than ever
by Ian Siemon
As of 1 July, superannuation became an even better savings vehicle than ever, with the Government allowing tax-free withdrawals from age 60.
Why shares can be a good investment option
by Bert Dugdale
One of the most common concerns for investors is whether to direct their money towards a property or shares.
Thinking ahead
by Ian Siemon
Don’t let market fluctuations ruffle your feathers, keep focussed on that nest egg ahead.