Often people invest based on a prediction the price of their chosen asset will eventually rise.
This must be the case, otherwise they’d just wait until the price drops to buy.
Their predictions are usually based on a range of information sources, some credible, some not.
But is it possible this information is already factored into the price?
Tax. It’s an unavoidable aspect of working.
Most people pay a lot of tax in their working life and don’t receive much assistance from the government in return.
So, when it comes time to collect the Age Pension it may feel like it’s your time to finally ‘get something back’.
Most people have another ‘asset’ up their sleeve leading up to retirement; their leave entitlements.
In some cases, you may also be able to choose whether to take these entitlements as a lump sum or have this paid as a regular income (i.e. go on leave and then retire at the end of the leave period).
So, which is best?
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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