This is what one of our lovely subscribers had to say about our newsletter…
"One of the greatest joys for me is to read the In Your Interest newsletters when they pop into the mailbox. I am someone whom understands (a) little about financials but I have an acuity for business and this business I simply love. The communication, the people, the care and dedication. Felt and deeply felt in every word.
We get to learn so much about how the financial world works if only in a small snippet. It’s just enough."
Lee, Entrepreneur Western Australia
Someone asked me: Why did the Reserve Bank increase interest rates on
Melbourne Cup day when inflation is dropping everywhere else?
Consider that these days if you are employed at least 11% of your wages goes into super, many people contribute more than that. This can add up over the years to a lot of money. It is important to know about your super and also where it is invested.
Amidst the increasing importance of life, income protection, illness, and injury insurance, 80% of risk life insurance advisers have closed down.
A quick update following the budget last night. On 25th October, the newly elected Australian Labor Party Federal government brought down their first budget.
The FBI has issued a warning against “pig butchering”. It’s not a form of animal cruelty but usually involves scammers making contact on social media or dating applications, gaining their trust before persuading victims to make deposits into fraudulent crypto schemes.
In a nutshell we are living in uncharted waters and as always there are plenty of people ready to create fear or make big predictions. Steady the ship and keep a buffer available if you can.
Thank you for being with us for another year. It has been a big year for everyone one way or another and everybody has a story to tell.