Growing
Strategies and products to grow your money through wise investing
Retirement simulator launched by AMP
Today AMP launched a new online tool called the “Retirement Simulator“. I’d like to congratulate them as it is a well constructed, flexible tool for estimating how much you may need to save to achieve your desired retirement lifestyle and for that lifestyle to last until at least your life expectancy. By necessity the tool [...]
Superannuation in the showroom
“Buying a new car is exciting. There is so much choice, so many colors, body styles, engines and brands to choose from. Your budget helps narrow the choices substantially. Some brands will resonate; others will be a real turn off while practical stuff like four doors or two, work needs, number of children, hobbies and [...]
How to not lose your life savings
Oh the tragedy! On the front cover of yesterday’s edition of The West Australian newspaper was a story about a single Dad who had lost his life savings in the recent collapse of the property developer, Australian Capital Reserve. Sadly when I read such stories the empathetic part of me is quickly overrun by frustration. [...]
Advanced Gearing Products
This sixth article in the series on accelerated wealth creation summarises some other products you may have heard help you get rich fast. For example you may have heard of options & warrants, internally geared funds and capital protected funds. Leveraged products for pussycats and lions As sure as the sun sets in the west [...]
Margin Lending: An easy way to start gearing
This fifth article in the series on accelerated wealth creation introduces margin lending, which many may have heard of but not know how to use it to create wealth. Margin Lending Margin Lending is a term you may know but perhaps it feels a little bit foreign or even spooky. Perhaps you’re imagining it’s something [...]
Create wealth with your home
I hope that you had a wonderful Easter. This fourth article in the series on accelerated wealth creation discusses using the underutilised equity in your home to create wealth. On reading the title of this newsletter some readers may have asked “hang on, I thought Matt said your home is not an investment asset. So [...]
Crank Up The Pace With Gearing
This third article in the series on accelerated wealth creation provides an overview of gearing as a wealth creation strategy. Gearing is a strategy that enables you to leverage your income and equity, which may currently be under utilised. Gearing: You’ve heard of it, but what is it really? As one attendee at the IPWEA [...]
Increase your risk tolerance to accelerate like a tiger
My last article was the first in a series on accelerated wealth creation and introduced some ways to identify lazy wealth creation. Many of the ways to crack the whip over lazy wealth creation require a high tolerance of risk. Or to put it another way, you need to be more of a tiger than [...]
Is your wealth creation lazy?
Almost every day there is something in the news about the proposed takeover of Qantas by a consortium of private equity companies. This is one of a flurry of private equity bids in the past year. You may also have heard of bids related to Alinta, Coles, Channel Seven and Packer’s media assets. Interestingly all [...]
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