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Having trouble following through on financial goals (or any goal for that matter)? Here are eight great questions that might just help.
30/4/2020 Living Longer In The Lucky CountryWe Aussies are a successful bunch. Whether that be economically, on the sporting field or even how we get on with each other, we do most things really well. The Government's Intergenerational Report (IGR) spells out how successful we have been in the most important area of all – staying alive.
Attention is a precious resource.
And as with any resource, scarcity creates value. In the digital age where noise is everywhere, those who can capture the most attention are said to win. 6/1/2020 Best Laid PlansAround this day ten years ago, you probably had plans in place for the year ahead.
Maybe you even achieved some of those goals in 2010. But I’m guessing that you could never have planned for some of the unexpected events, opportunities, twists and turns of the decade you’ve just lived. Take me for example. We’ve recently discussed perhaps the most powerful retirement strategy of them all - work a bit longer.
Well, now it seems that leaving retirement behind to return to the workforce is increasingly popular among older Australians. I came across this article originally published in the Sydney Morning Herald which shares the experience of 2 such people, and highlights the challenge of getting your retirement decision right. Saving and investing for retirement are important. But for most people, another strategy is far more powerful - working a bit longer.
Keep reading. There are some provocative nuggets here. 21/1/2019 Investment StructuresOnce a decision has been made to buy an investment, it is important to consider the best investment structure to use. An investment structure refers to the way investments are legally owned. Many people simply purchase assets in their own name or joint names, when other ownership structures may be more suitable.
An old Darwin connection tracked me down during the week. Man, did we have some laughs. In between tall stories, (let's call him Bill) reminded me of a casual conversation we had about wealth creation nearly 20 years earlier. I can’t remember it, but in the end he went with a conflicting approach from a competitor. It went a bit like this:
At 50, financial questions begin to shift from “what are my goals for the future?” to “where have my past decisions led me?” Financial adviser Tony Sandercock explains.
This blog was originally posted in "Slice of Life". |
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16/7/2020
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