RetireInvest Alderley
- Phone07 3356 0085
- Fax07 3356 0096
- EmailEmail us
- AddressNewmarket Place
76 Enoggera Road
NEWMARKET 4051 QLD
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Latest News
Jordan has had his first solo flight and has survived to type this email newsletter. I am now working towards my restricted pilots licence.
If you find Bert to be a little stressed during the month of September it is because he is taking some annual leave to spend time with his Malaysian in-laws who are flying to Australia for the first time.
For Your Interest
As we are all aware global share markets have fallen significantly over the last 6 months. In the US we have seen the intervention by their government to support their financial sector. The market falls have been exaggerated due to the sharp rise in global oil prices. This has affected companies outside of the financial sector such as airlines and transport.
Sharemarkets are forward looking and reflect future expectations. The markets have now priced in a reduction in profits of affected industries.
It is important to remember that here in Australia, corporate profits continue to be strong in areas other than the financial and transport sectors.
Some clients are rightly concerned about how their investments are performing. The long term performance of growth investments such as shares includes periods of underperformance. History suggests that share market valuations will return to previous highs at some time in the future.
The famed investor, Warren Buffet, has stated that share markets transfer wealth from the impatient to the patient.
The financial strategies that we have developed for each of you have been designed with the expectation of long term growth in the markets with the understanding that there will be short term corrections from time to time.
Switching investments from growth investments to more defensive assets at this point of the business cycle merely assists patient investors such as Warren Buffet with the opportunity to buy quality assets cheaply.
If you have any concerns regarding your portfolio, please call us.
China’s Olympic Boom?
by Bert Dugdale
China´s economic boom over the last five years is common knowledge, but to what extent has economic growth been driven by the upcoming Olympics in Beijing? And will growth continue at the same pace at the close of the Games in September this year?
Investing after Garnaut
by Ian Siemon
The recently released Garnaut Climate Change Review follows in the footsteps of the Stern Review, and emphasises that the costs of preventing climate change will be far less than the costs of adapting to it.
Giving children a head start
by Bert Dugdale
With the rising cost of living, it’s easy to become focussed on immediate expenses and forget about the bigger picture. But if you want to give your children or grandchildren a better start in life –