Articles In ‘Financial Planning’ Section
A Good Plan »
A good plan is like a road map: it shows the final destination and usually the best way to get there. Make sure that who ever helps you design your plan actually knows what the destination looks like and preferably has followed the same route that they expect you to take.
If You Can Dream It You Can Achieve It »
The ability to articulate your goals is an important part of Financial Planning. You see we create a Financial Plan to help us determine where we want to be at any particular point in time and part of wanting to be at a particular financial position as a particular time is because we have goals and dreams that we want to achieve, otherwise why [...]
Live For Today or Plan For Tomorrow »
While Kiwi saver is all about planning for the future, what has happened to living in the moment? I often tell my clients that a saying that struck me nearly 20 years ago still holds true today and that is "Live like you will die tomorrow but invest like you will live forever". I think I found that in a martial arts book or perhaps the Art [...]
Australians Get Ready For Next Boom »
An interesting article that came across my desk today; I say interesting because this has come out a day after the RBA increased the official cash rate. It reminds a little of a comment someone made in a blog I was reading which made me cringe, the guy said " The share market has gone up today so I think I might get in and buy some".... [...]
LAQC vs Personal Ownership »
This is a question I am asked by nearly every single client when they buy an investment property. As a Financial Planner in Australia the concept of an LAQC was new to me in 2004 and because you can achieve the tax benefits of an LAQC without having to have one I though it was just another way for accountants to increase their billable hours to [...]
Property capital gains tax a reality »
Advice should be sought prior to entering into any property transaction, following major tax changes passed by Parliament last week will impact future property purchases,” according to Grant Thornton. The changes widen the tax net and essentially remove the ability for a developer to hold any property on capital account, warned Tax Director, [...]
