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Another tense, confusing and, at times, scary week for financial markets as Governments and investors around the world come to grips with the devastation of the Coronavirus. It has been good to catch up with so many of you during my Facebook Live sessions this week. I usually do them at 1.30pm EDT every Tuesday… Read more »
Did you miss the last Facebook Live session with David Koch? Watch the segment now as he gives a rundown on the latest economic updates, especially with regards to coronavirus, and answers questions from his audience on Facebook. **Given the current global climate, we realise many of you have a lot of questions about personal… Read more »
Did you miss the last Facebook Live session with David Koch? Watch the segment now as he gives a rundown on the latest economic updates, especially with regards to coronavirus, and answers questions from his audience on Facebook. **Given the current global climate, we realise many of you have a lot of questions about personal… Read more »
The Coronavirus Health Crisis is also rapidly morphing into a Personal Financial Crisis for many people. It is seriously scary out there. We are almost certainly heading for our first economic recession in 29 years. But a generation of Aussies have no idea what that means. No Australian under the age of 47 has experienced… Read more »
This is a week we’ll remember for all the wrong reasons. After 11 years of a constantly rising sharemarket (a bull market), we entered the fastest bear market in history. A bear market is when the sharemarket drops more than 20 per cent from its peak. That peak for our sharemarket was February 20… yep, just… Read more »
Did you miss this week’s Facebook Live session with David Koch? Watch the segment now as he gives a rundown on this week’s economic updates and answers questions from his audience on Facebook. Questions answered this week: 1. While stock markets go down, ‘Who’ or ‘Which Country’ is predominantly buying all the shares? 2. What would be… Read more »
The Institute of Chartered Accountants have issued a terrific checklist for small business owners to think about in coping with the pressures from the Coronavirus. Naturally discuss it with your accountant. 1. Your employees With so much uncertainty, a clear communication strategy is essential to maintain connections with employees. Make sure you keep them in… Read more »
Almost 50 lenders have announced variable rate cuts, following Tuesday’s RBA decision to cut official interest rates by 0.25 per cent. It was good to see all four major banks cut their variable mortgage rate by the full amount. But make sure you, as an existing borrower, benefit from the cut and not just new… Read more »
“May you live in interesting times” is a traditional Chinese curse. When you consider the origin of the Coronavirus and the financial ructions it is causing around the world, the curse has a lot of modern day significance. In investment circles, Coronavirus is a “black swan” event… something absolutely no-one saw coming. There is no doubt… Read more »
Did you miss this week’s Facebook Live session with David Koch and Ben Nash from Pivot Wealth? Watch the segment now as they give a rundown on this week’s economic updates and answer questions from users on Facebook. Questions answered this week: – I’m 38 and have paid off my family home. Should I invest… Read more »
