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There
is something special about the birth of
a child that puts life into perspective. Holding a new
born (when it's not crying) takes you away from the drudgery of
the day into another world. A world of wonder and amazement at
how a little person so small, cute and cuddly can be knitted
together in its mother's womb. From the development of little fingers and toes to the complexity of the brain and even the amazing way the baby changes from getting oxygen through the mother's blood stream via the placenta to breathing on its own in just moments after birth. Wow!
The birth of our fourth child and fourth boy,
Jesse William, on 30 July 2007 took me back to that world of wonder and amazement. Having experienced the terror of nearly losing our third child Joshua a little over a year ago, we are very aware of the blessing of a healthy baby.
     
It's also a blessing that investing isn't anywhere near as complex as the human body. Successful investing involves a few timeless fundamental principles and knowledge of current legislation. We look at both in this issue.
I hope this eNewsletter finds you well. Please call or email if you have any questions.
Warm regards
Gavin Martin
Better Super is
generally just that, better than the previous system, however there
are a number of rules that, if not managed, could cost you up to 93%
in tax.....(more)
Often when
people move to a new home they wish to retain their current home and
use it as an investment property. The challenge is to structure the
transaction to ensure as much of the debt as possible is
deductible.....(more)
There are a
range of social security benefits and rebates that may be available
to families. Even high income earning families may qualify for some
form of assistance, so it is important that the full range of
benefits are explored to see if they are obtainable. Some of the
benefits available include:
1. Maternity Payment
2. Maternity
Immunisation Allowance
3. Family Tax
Benefit .....(more)
Who owns the
contents of your bank account? What about your house, your car
and possessions? It is easy to think that the possessions we have
and the money we have earned are entirely the result of our skill
and achievement.....(more)
University is a wonderful season in life.
It’s an exciting time of knowledge acquisition and personal growth.
Not to mention the opportunity to interact with interesting people
from a range of backgrounds who often end up being life long friends
and even spouses. Oh the good old days!
Increasingly, the
“good old days” of college life are turning into the bad old days of
poor spending habits, living for the now and debt accumulation that
burdens graduates well beyond their university years.
My challenge to students is to “be weird” don’t
follow the norm, stay debt free during university. Learn money
management skills while you are young and it will change your
destiny.....(more)
During
my Investing Fundamentals seminar I ask the audience who
considers themselves to be a sophisticated investor. Generally one or
two people raise their hands. Then I define the
" investor" as someone who has lost money in the past and has
not enjoyed the experience. This usually prompts the majority
of attendees to raise their hands. If you consider yourself
a investor then you are in good company. Your next step
is to learn from your mistakes and avoid repeating
history.....(more)
Did you know that many people do not
have a valid Will and Powers of Attorney in place, potentially
putting the welfare of loved ones at risk.
Cornerstone Wealth share offices
with McCracken & McCracken Lawyers who specialise in the
following:
Contact McCracken
& McCracken Lawyers on
03 9670 9661 for further information about how McCrackens
can serve you.
This
newsletter does not take into account the personal objectives,
financial situation or needs of any person. You should consider the
appropriateness of the information having regard to your own
objectives, financial situation and needs and obtain professional
financial advice prior to making any decision.
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