2020 turned out far better for diversified investors than had been feared when the pandemic hit, triggering plunging share markets and deep recessions,
The World of Investing
You might think, it has nothing to do with you in Australia, but the outcome of this election might have a bigger impact on your financial life, your savings and your investing strategy than you think.
This economic downturn and recovery differs from those of the past in that: the downturn was driven by a government shutdown
What are the benefits for Pensioners and Aged Care from the Federal Budget 2020?
Introduction of “stapled funds” will allow for reduction of unintended multiple accounts, with duplication of fees, insurance, and consequently lost earnings
This budget is all about bringing forward measures already approved and legislated originally to commence on 1st July 2022
The US election is only a month away. Markets are now paying close attention to it for several reasons.
A lot of clients have been asking me, why the market and shares keep going up after covid-crash in March, even though economy in all countries is not in good shape and is likely to be in recession.
As we are now dealing with the second wave of coronavirus in Victoria, everyone started worrying about the end of the stimulus package this September, which could be a bit of the suicide for our economy and our fiscal future as a country.
The coronavirus ‘curve’ of known cases has flattened out, suggesting social distancing measures have been successful in slowing the spread of the disease.
Doomed if you do, doomed if you don’t. We worry when the market drops heavily, but we also worry when it rises fast, as it might start dropping again at any time.
Things suggest Australia looks likely to come through this period of global misery relatively well compared to many other countries and this may mean the Australian economy.