Skip to main content

There is no better time than right now to review your super!


So by now we all know that Australian and global investment markets have fallen significantly, it’s on the news, in the papers and I’ve been publishing recent posts about it on LinkedIn.

What’s causing it?  Truth is, it doesn’t really matter.  Oil prices are down, there’s talk of China slowing, commodity prices are down and so forth.  Historically there is always something occurring on the world stage that can cause negativity in markets.  Investors start to worry, they sell their investments at low prices, lock in losses only to have someone come along, buy them up and enjoy the gains as things recover.


Warren Buffet, the world’s most famous stock market investor famously said, “The stock market is a device for transferring money from the impatient to the patient”.

And we can see this today.  As I write this, global stock markets suffered a large decline over night, with the expectation being that the Australian market would follow this morning. Interestingly, the Australian market is actually up 1.5% today.  Why?  It’s because the bargain hunters (the patient) are snapping up terrific deals through direct investment or superannuation. That’s smart investing. That’s what brokers and fund managers do.  This is what your superannuation fund should do for you.

So what does this have to do with my superannuation?  Good question.  Nearly all super funds have some level of exposure to Australian stock markets.  The level of which really should be dependent upon your age, client profile, how close you are to retirement. 

In either case, smart investors are those that recognise cheap assets.  Superannuation is no different.  Now is the best time in over 10 years to grab some bargains and give your superannuation a real boost.   

How?  It’s simple.   Get your super reviewed and adjust the asset mix to suit and not just relying on the “default setting” that many funds use.

I have a number of information evenings planned for February and March.  An informal get together in my Newstead office where I’ll discuss the current state of play over a slice of pizza and a few refreshments.

Given the current opportunities with markets being low,  I am focusing on our information session set for Thursday 25th February at out Newstead Office.   I will specifically address how to take advantage of the market drop.  Click here to RSVP and find out more about the Pizza Business After Hours.


If you have a diary clash, I’m always available for an individual chat over a coffee in the office or via phone, Skype, email.

Andrew O’Brien and Hindsight Group Pty Ltd t/as Hindsight Wealth Pty Ltd (ABN 88 168 442 528) are Authorised Representatives of Synchron AFS Licence No 243313.”  Andrew O'Brien. FINANCIAL ADVISER. P 07 3852 3025  0403 156 625  E andrew@hindsightwealth.com Suite 4 / 30 Florence Street, Newstead QLD 4006.  

Click here to view our Privacy Policy.  


Comments

Popular posts from this blog

Times are tough. How can you position yourself to minimise the impact?

The last few weeks have been extraordinary to say the least. We’re battling a world wide health crisis and we face uncertainty in many aspects of our lives.  It’s true that there are simply some things beyond our control and we will more than likely see many changes to our everyday lives for the remainder of 2020 and beyond. So, what can be done?  On the other side of this, many people will be left with dramatic financial stress, whether it be periods of unemployment, depleted cash reserves or battered superannuation balances.  And for many, timing will be an issue. Those who were weeks ago contemplating retirement may now need to change their plans. And those that are still accumulating for retirement have more than likely just seen their investments and superannuation return to levels of 5 or 6 years ago. Essentially the clock has be wound back in one way or another.  It may well be a good time to take stock and lay some foundations for when things do recover (which they

Hindsight Wealth Office Walk Through Message

When Socks and Jocks don’t cut it anymore.

We have a solution  to avoid the old favourites: socks and jocks this Father’s Day.  As this weekend is Father’s Day, the focus should be on Dad.  You can purchase the actual book or the digital copy  so Dad can access year - round savings from his smart phone.  Part proceeds from your purchase, also helps a local Brisbane charity:  Be Uplifted Inc Breast Cancer Charity – so everyone wins!  Click here  to purchase Dad his Entertainment Book subscription. Another gift you could give Dad is encouragement.  To encourage Dad to have a conversation with a financial adviser about his super and insurances.  Why?  Maybe Dad has started a new job or had a promotion. Maybe Dad is nearing retirement? When our lifestyle changes or work situation changes, it affects your super + insurances. Reviewing these regularly will make sure Dad stays on track. Perhaps you know Dad has a few super funds hanging out there from previous jobs. This can affect a few things – especially Dad’s back pocke