Weekly Market Update 09 November 2018

Weekly Market Update 09 November 2018 Investment markets and key developments over the past week Share markets mostly rose over the last week, helped in particular by a favourable reaction to the US midterm elections. Chinese shares remained under pressure though. Bond yields continued to rise reflecting the “risk on” tone from investors and as the Fed showed no signs of pausing its rate hikes. Commodity prices were mixed though with oil falling further and metal …

Three reasons why we’re not in a bear market

Three reasons why we’re not in a bear market October was certainly a volatile month for investors. Share markets globally fell between 6% and 7% in total return terms. Australia had the worst monthly outcome since August 2015. But if you measure the falls from highs this year to recent lows the retreat has been even bigger. The average decline for global shares has been around 10%. From its peak in late August, the S&PASX200 …

Rising US interest rates, trade wars, the US midterm election results

Rising US interest rates, trade wars, the US midterm election results – should investors be worried? Key points It’s still too early to be sure that last month’s pullback in shares is over but we remain of the view that it was not the start of a deep bear market and that the trend in shares remains up   Worries around US interest rates, trade wars, European politics etc are unlikely to be terminal.   …

5 risks of going guarantor on your child’s home loan

5 risks of going guarantor on your child’s home loan If you’re going to balance the future of your own home or property on your child’s reliability to pay their mortgage, make sure you’re across the risks. The majority of Aussies take about 3.7 years to save for a deposit on a first home, with a third of the nation taking just over five years1. If you’ve got a kid who wants to get into …

What to look for on your super statement

What to look for on your super statement Super statements come but once a year (or twice with some funds). When yours arrives, it’s important to take a proper look because it could become one of the biggest assets you’ll ever have. Here’s our quick guide to what you should watch out for and why. 1. Personal details Check your name and address are present and correct. Not having the right details could lead to …

8 family finance tips to have more money

8 family finance tips to have more money How can you make a difference to your family finances in the year to come? By acting on even one of these eight tips you could be finding yourself a lot better off in 12 months’ time. And if you do all eight, the sky’s the limit. Cameron McLean is a Financial Planner AFP® with Acumen Wealth Management in Perth. His special area of interest is helping families to be …

Weekly Market Update 02 November 2018

Weekly Market Update 02 November 2018 Investment markets and key developments over the past week Share markets bounced back over the past week helped by good US earnings results and a lessening of trade war fears following comments from President Trump after a phone call with President Xi Jinping. Reflecting the risk on tone bond yields generally rose, but while the iron ore price rose oil and metal prices fell. The risk on tone also …

How important is money to your wellbeing?

How important is money to your wellbeing? Having more money should make us happier right? According to a number of different research reports, feeling good about life comes from a feeling of control over your finances, rather than how much money you have. Get tips on how to change your ways to boost financial wellbeing. The wellbeing formula for Australians After spending 15 years exploring what contributes most to the happiness of our population, Australian …

What do the Invisible-Money Generation think about money? [VIDEO]

What do the Invisible-Money Generation think about money? [VIDEO] Kids are curious, cute and funny when it comes to matters of money. Does the digital world make it hard for young Aussies to grasp the value of real money? Find out what the Invisible-Money Generation have to say about money. Online source: Produced by The Financial Financial Planning Association of Australia and published on 13 August 2018.  Original article.