Aldi Lust

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You are probably aware that Aldi has recently opened in Adelaide. Last weekend Glenys and I ventured out to try it – and one of us fell victim to what I call ‘Aldi Lust’. More on that later. What Is Aldi? Aldi is a German based retailer that has been established on the Australian East Coast and is now opening …

The Dream Home Strategy

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Recently I have been talking with several clients about what I call the Dream Home Strategy. Many people purchase Australian residential property, often on the basis of advice from their accountant. This is too often tax driven only. So they will be advised to purchase a new property (for the depreciation benefits), and will often buy close to where they …

What Retirees Should Invest In

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2016 has begun with real market turmoil. In the first week, the US stock market fell 6%. Oil prices have been below US$30 per barrel (down from US$110). For those facing retirement or retired, this is scary stuff. For those who are a long way from retirement, this should not be as frightening. So what are the causes of all …

TTR

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Here is our new Transition to Retirement Animation – what do you think? Transition to Retirement is something that should be considered by all people over the age of 56. It can be used to increase the amount of money you can salary sacrifice. Some people use it to pay off inefficient debt. If you are over Age 60 and …

The Caravan Life

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When I’m not riding to work, I often ride along the beautiful Adelaide coastline. (We Adelaideians live in paradise, though the water is still a little cold!). I ride through a caravan park, and saw this Kedron van for sale. The price has been reduced by the owner already, down to $44,000. This got me thinking about the economics of …

Sunsuper Advice Panel

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We are thrilled to have been appointed to Sunsuper’s new Advice Panel. This video shows how it works. Sunsuper have set high standards to be involved with them, including being a Professional Practice with the Financial Planning Association. Wealth On Track are also panel advisers for CBus. We also have a lot of experience working with Plum Super – we …

The Truth About Shares

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Recently Steve was interviewed by News Corp finance journalist Anthony Keane. The original article appeared in The Advertiser on September 28 as ‘Don’t be Afraid, get your share’. We have reproduced the article here: SHARES can be scary, particularly if you feel sick watching the value of your assets shrink by almost 20 per cent over a few months. While …

The Sharing Economy

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When we go away these days, Glenys and I have started using a house-sitter. This way our doggie Duncan (pictured with his favourite after dinner toys) is looked after, our house is safe and we don’t have to send him to (and pay for) a kennel. The house-sitter gets free accommodation. We find our house-sitter via a website called Aussie …