When discussing money in a relationship, it's not rare for arguments or disagreements to occur... We're only human. Being aware of the reasons why, however, can help with the communication process and understanding of one another.
We are currently in a time of global uncertainty; we are in the middle of the COVID-19 pandemic and a significant drop in the investment market that hasn’t been experienced for years.
So, what does this mean for us as a business?
There are a fair few strategies that we’ll be able to use immediately with most of our new clients to help achieve their retirement goals.
Most people have heard the saying ‘rent is dead money’. To some degree, it sort of is. Your cash will go in the pocket of someone else and you will not be getting any of it back.
However, there is more to consider.
The week of 28 February 2020 the ASX200 had dropped by around 10%. This has taken many people by surprise. But should it?
There is a common belief that in retirement you should have moved all your super into cash and defensive assets (such as fixed interest), but it really depends on your current situation.
Dallas Davison, Michael Hogue and Ali Hogue.
Money Over 50 Financial Advisers
Tel 07 4772 0938
45 Ingham Road West End Townsville Qld 4810
Money Over 50 Financial Advisers Pty Ltd ABN 26 146 225 505, 45 Ingham Road, West End Queensland 4810 is the holder of an ASIC Australian Financial Services Licence (AFSL) #471826.
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