As you know, life changes on a constant basis and therefore you need to review your insurance regularly. I would recommend annually. I will list various types of insurance you might have and what areas you need to review:
As you will all know, if you don’t make plans your life will run a haphazard course and could be somewhat disappointing. Planning and goal-setting will provide the means with which to measure your success and milestones. The most productive time to start planning and goal-setting is when you are young, as it can have the greatest impact, however getting involved with this at any age will have a positive impact.
Harbour Asset Management March 2018:
Following on from the same themes in January, markets continued to see strong global economic growth in February, but worried about the top risk on our list for 2018 – namely inflation risk and ultimately concerns about whether monetary stimulus will be removed in a way that is not friendly for markets. We see the heightened volatility in financial markets in recent months as a normalisation of conditions, after a period where volatility and dispersion in markets have been remarkably low for an unusually long period.
“There is one thing that 99 percent of failures and successful people have in common: they all hate doing the same things. The difference is, successful people do them anyway.”
– Darren Hardy
“Higher success requires you to be a better version of yourself.” Prolific motivational speaker Jim Rohn said that, many years ago. “If you want to have more success, you need to become more.”
By BRENDON SKIPPER in M2 Magazine, December 2017
Selling your home is likely to be one of the biggest financial decisions you’ll make.
Once you’ve made the decision to sell, one of the first steps to ensuring you get the best price for your home is engaging a real estate agent that knows your area and the type of house you are selling. Real estate agents are experts in the process of buying and selling property and it’s important not to underestimate the value of their professional expertise. But how do you find the right agent for your situation?
Magellan Asset Management Limited OCT 2017
Sometimes the winners and losers from disruption aren’t obvious
If you look at a photograph of the Easter Parade in New York in 1900, it is full of horses and carriages. Yet by 1913, photographs show the parade was full of cars. Think about how petrol stations needed to be rolled out to enable such change over barely more than a decade. Transportation was fundamentally transformed over those 13 years largely because in 1908 Henry Ford rolled out the first Model-T Ford off the production line, which enabled cars to be mass-produced at affordable prices.
It has been a gruesome couple of months for investors in Australian stocks.
At the start of August, the chatter was whether the benchmark S&P/ASX200 would hit 6000 points. It is now mid-October and the hard reality is an index that is hovering closer to 5000 – although this week long suffering investors were treated to some hefty gains.
“Never give up. Today is hard, tomorrow will be worse, but the day after tomorrow will be sunshine.”
Warren Buffett, CEO Berkshire Hathaway
“You only have to do a very few things right in your life, so long as you don’t do too many things wrong”.
Mark Zuckerberg, Co-Founder Facebook
“The biggest risk is not taking any risks. In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.”
Jeff Bezos, Founder Amazon
“We’ve had three big ideas at Amazon that we’ve stuck with for 18 years, and they’re the reason we are successful: put the customer first, invest, and be patient”.
Larry Ellison, Founder Oracle
“I have had all the disadvantages required for success.”
Michael Bloomberg, CEO Bloomberg
“You must first be willing to fail – and you must have the courage to go for it anyway”.
Ageing populations could be a boon rather than a curse. But for that to happen, a lot needs to change first, argues Sacha Nauta in The Economist
“NO AGE JOKES tonight, all right?” quipped Sir Mick Jagger, the 73-year-old front man of the Rolling Stones, as he welcomed the crowds to Desert Trip Music Festival in California last October.
At 11pm on the night of 9 November, members of the Summer KiwiSaver Investment Committee discussed our asset allocation. I Chair this committee and Trump had just been elected - a whole new investment environment with new opportunities and new risks had been dropped on us. We decided meet formally the next day.
The S&P 500 has returned more than 11 percent since the election of President Trump on Nov. 8, adding a bit of renewed thrill to a bull market that’s already eight years old. Clearly, investors are feeling optimistic about the prospect for returns. But many companies that put individual investors’ money to work for the long run have been arguing for lower long-term expectations.
The problem with retirement planning is that everyone’s lifestyle differs in style and cost. There is no universal amount that needs to be saved by the time you hit retirement to ensure you have saved “enough”. What you need to work out is your own personal number. Then you need to determine if you are going to achieve that number or whether there is going to be a shortfall. If there is a shortfall, you need to decide what you are going to do about it.