For Financial Planning Newcastle, contact Brad Lonergan via email Brad@bmkfs.com.au or call 0423 621 120
GalleryAustralian’s love affair with debt – how big is the risk?
Key points
– Household debt levels in Australia are high compared to other countries and still rising.
– The rise is not as bad as it looks because it’s been matched by rising wealth and debt servicing problems are low. However, this could change as interest rates rise and if home prices fall sharply.
– The trigger […]
GalleryIs Bitcoin Really For You?
If I could sum up the contents of my junk emails over the last 12 months in a single word it would be: Bitcoin. I can’t tell you how many unsolicited invitations I’ve received to start trading bitcoin – you may have experienced the same thing. This alone is a concern but when heavy […]
GalleryFinding Best Way To Manage Finances As A Couple
While talking about money is not the most romantic way to spend an evening, it’s worth putting some time aside to explore shared goals and the way you manage your money as a twosome and find the best way to manage finances as a couple.
Our approach to managing household finances can make a big […]
Gallery5 Ways to Keep a Cool Head in a Falling Share Market
Despite concern, falling share prices are not necessarily a sign of a mild or major bear market situation, according to Dr Shane Oliver.
The share market correction many people are talking about at the moment is causing concern for a number of investors, including those accumulating super and drawing money from their super savings, which […]
GalleryHow The US Share Market Will Affect Australian Shares
Key points
– The US share market is long overdue a decent correction. This now appears to be unfolding and may have further to go as higher inflation, a slightly more aggressive Fed and higher bond yields are factored in.
– This will impact most share markets including Australian shares.
– However, in the absence of an […]
GallerySimple Money Steps For Women
The same approach to managing day-to-day money can be applied to long-term investments.
It was Carrie Bradshaw, of Sex and the City fame, who said: ‘I like my money where I can see it – hanging in my closet.’
While that might sound trite, it’s not far from the truth for many women. Most of us […]
GalleryWhere Are We in the Global Investment Cycle?
What’s the Risk of a 1987 Style Crash?
Key points
– There is still little sign of the sort of excesses that precede major economic downturns and major bear markets suggesting that (although US shares are overdue a decent correction) we are still a fair way from the top in the investment cycle. Key to watch […]
GalleryWill Australian House Prices Crash?
Five reasons why it’s more complicated than you think!
Key points
– Talk of a property crash is likely to ramp up again with signs that the Sydney and Melbourne property markets are cooling. But the Australian property market is a lot more complicated than the crash calls suggest.
– We continue to expect a 5-10% downswing […]
GalleryShould You Lend Money to Family?
What you should consider before handing over your hard earned savings
You’re probably fairly used to helping your family out with a little extra cash here and there. Whether it’s pocket money for doing chores, or money to pay phone bills, go see a movie or buy clothes, for example.
But what happens when they put […]
GalleryHow to Cope With Losing Independence
If you or a loved one is experiencing a fear of losing independence, you may be able to maintain a sense of control.
Few, if any of us, look forward to losing independence. In fact, research reveals that 75% of older people feared losing independence while only 29% feared dying. It also revealed that 44% […]