Happy new year! The Ipswich office are now all back on deck and looking forward to helping our clients reach their financial goals in 2020. In the face of the widespread bushfires it’s been a turbulent start to the year already. While we don’t have a crystal ball, we’ve put together a brief summary on where things currently stand and what may impact markets in 2020.
The recent fires throughout the country have been incredibly devastating, and our hearts go out to all of those who have been affected. Fire, emergency, and local community support services are doing a phenomenal job in incredibly tough conditions.
A number of lives have been lost, property damage is estimated to be in the billions and significant loss of wildlife have been reported. We’d like to offer our support and assistance however we can to those that have been affected.
Most of us are partial to the odd New Year Resolution but financial resolutions are really about goal setting. We suggest getting serious and writing them down if you want to see a successful outcome at the end of the year.
Psychology professor Dr. Gail Matthews, at the Dominican University in California, led a study on goal setting with nearly 270 participants. The results showed that you are 42 percent more likely to achieve your goals if you write them down.
Writing your goals down not only forces you to get clear on what, exactly, it is that you want to accomplish, but doing so plays a part in motivating you to complete the tasks necessary for your success. The process of putting your goals on paper will force you to strategise, to ask questions about your current progress, and to brainstorm your plan of attack.
We can’t be the only ones feeling like this year just flew by – yet here we are! With the silly season now upon us, the Ipswich office at Dobbrick Financial Services have been reflecting on the past 12 months and thinking ahead to what 2020 holds for us, our business, and our clients. It’s been a refreshing exercise – to take time out and take note of the wins we’ve achieved both as a business, and for our clients – and as the year comes to a close, we’d encourage you to do the same.
As the end of the year approaches, you might be starting to think about your new year’s resolutions – and what 2020 will look like for you. If you’ve been thinking about retirement for a while, could this be your year? It’s an exciting and momentous decision – so before you pre-plan your farewell party and book that first holiday, make sure you’re ready to transition by ticking off on our top 5 things to consider before you retire.
Dobbrick Financial Services were recognised with a string of accolades at the annual Fortnum Private Wealth Gala Awards night held at Sheraton Mirage last week with Director, Paul Dobbrick winning both Financial Advisor of the Year and the Guy Carrington Chairman’s Award.
“I am most proud of our team who were finalists in the Advice Practice of the Year category as they are a seriously committed and loyal bunch of people,” says Paul. “But of course, being recognised with these other awards is a huge honour and spurs us on to continue to get the best results we can for our clients.”
One subject that is often front of mind leading up to the end of the financial year, is making the most out of any opportunities to put money into superannuation. With June 30 only weeks away, it pays to think about these opportunities and the benefits that may exist. There are a number of advantages to contributing money into superannuation, one of the most attractive being the tax concessions.
Although often highlighted during your review meetings, and for many, you have already made contributions through existing strategies, we thought it was timely to reconnect as a reminder for the deadline.
Below we have highlighted some common contribution methods that may be of benefit to you and put some money back in your pocket come tax time.
Life Insurance cover is about protecting those who are left behind. Find out how the right policy can ensure your family isn’t left in debt if the worst should happen.
Why Life Insurance?
A Life Insurance policy can give you confidence your family will be provided for in the event of your death, or if you are diagnosed with a terminal illness. The right insurance may be able to take care of your debts so that your family is not shouldered with repayments, allowing them to keep their home and continue living life as you had planned together.