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
I was asked by Jane, a client of mine today "where is the best place to invest $100,000 if I need income?. I'm thinking about shares but given everything I've been hearing in the news lately, maybe I'm better off with my money in the bank". It's a great question and the answer is relevant … Continue reading Where to Invest for Income?
Recently I was interviewed for two articles in the Australian Financial Review. Bina Brown was writing on how to make the most of an inheritance and also on a smart estate planning strategy. An enormous amount of wealth is expected to pass down the generations over coming years. While some are planning to SKI (Spend the Kid's Inheritance) their way … Continue reading What to do (or not to do) with an Inheritance?
Despite the fact that we live in the best country in the world,Australiais one of the most underinsured of all developed nations. But what does that mean? According to research by IFSA in 2005, only 4% of the total population with dependant children have adequate levels of life insurance cover. Only 4%! What would happen to … Continue reading Underinsurance – what does it mean?
The Dow Jones has swung more than 400 points for the last four days running. It's been a wild ride on the ASX as well. I'd expect this volatility to continue over the next few weeks. The Dow finished 3.95% higher on Thursday after a drop in jobless claims and better than expected earnings. I thought it … Continue reading 5 Most Common Questions in the last 2 Weeks
In the US overnight the Dow jumped almost 4% to finish back above 11,000 points. This came after a Federal Reserve announcement that its benchmark interest rate will remain near zero percent until 2013. The Australian sharemarket closed up on Tuesday afternoon by just over one percent after spending most of the day in the red. Thoughts … Continue reading Further Market Update
We have spoken to leading asset consultant, Russell Investments, who continue to monitor the economic situation and they have provided us with the following information. Market Action A gloomy global economic outlook sent investors on a mass exodus out of risky markets Thursday and into the refuge ofUSgovernment debt, sending yields to yet another round … Continue reading Market Update