Recently I started working with some new clients, a young couple in their 30’s. Like many couples their age they’ve got a pretty decent size mortgage and two young kids. The youngest child is only 3 months old so for at least the next 2 years they are back to one income. Not surprisingly they … Continue reading Client Case Study – Young Family
Well it's the time of year to be guessing what might happen in the next 12 months. There are tips on what's in store for technology, the grand final winners and of course the sharemarket. The major newspapers and investment magazines contain various predictions for where the ASX will finish 2012. But how useful is it? … Continue reading Fearless Forecasts for 2012
With recurring headlines of the demise of Europe and sharemarket volatility remaining high, this is a common question. Would I be better to move all my equities to cash so I don’t have to worry? With the benefit of hindsight it is easy to say we should have been in cash for the last 5 … Continue reading Should I Move Everything to Cash?
Beames and Associates is a proud sponsor of the FRIENDly Ride, a 5000km mountain bike journey from Cooktown to Canberra being undertaken by former Brumbies coach Andy Friend. Andy is raising money and awareness for Brain Injury Australia and The Outward Bound Foundation to run outdoor programs for participants with an Acquired Brain Injury. This is a cause … Continue reading The FRIENDly Ride
Read the headlines regarding today’s interest rate cut and you’ll see that on an average mortgage of $300,000, you’ll be saving $46 per month. However by doing very little you can turn this into a saving of over $37,000. If you’ve taken out a mortgage of $300,000 over 30 years and are making only the … Continue reading Why You Should Ignore Today’s Interest Rate Cut (If You Have a Mortgage)
ETF's have become the latest big investment trend on the ASX and the growth looks set to continue. Over the past 9 years the ETF market in Australia has increased in value from around $500 million to over $4 billion. In the US the market is far greater having grown by 34% pa over the … Continue reading What are ETF’s?
While I don't intend for my Blog to focus only on market updates I think the current volatility we are seeing requires frequent communication. An important aspect of ensuring our financial lives are in order is to make sure we have money when we need it. We do this by managing our savings, investing and spending. We can control two of … Continue reading Financial Market Volatility and Global Growth
As a 37 year old male, there is a 22% chance that I will suffer a trauma by the age of 65. That's basically a 1 in 5 chance! (Source: Risk Tool in XPlan) The reason the take up of trauma insurance is so low has to be awareness. Years ago I worked in a … Continue reading Why Do Only 3% of Australians have Trauma Insurance?
Recently I had a discussion with BT Investment Management (BTIM) regarding the current state of the markets both in Australia and globally. BTIM manages a significant pool of funds for investors, currently more than $40billion. I asked them the following questions: How do you see the situation playing out in the US and Europe? US The … Continue reading My Q and A with BT Investment Management
In simple terms, Price is what you pay for something and Value is what it's worth. If you think about a bike (yes I'm a bit obsessed) the Price might be $1,500 but the real Value is the enjoyment and improvement in fitness it can provide. The same definition of Price and Value is applicable … Continue reading The Difference between Price and Value