enquiries@kofkinbond.com.au     03 9111 2675

Introducing Matthew Leech

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We are pleased to announce that Matt Leech from Incite Wealth in Sydney, will be joining the Kofkin Bond Family.

Matt is an exceptional adviser with 13 years experience. Heading up our Sydney office, Matt’s various skills and insight will be integrated into the Kofkin Bond model of business.

Matt has been known to show compassion for his clients and their outcomes and knows that he will be a wonderful addition to the business.

We are very excited to have him on board.

Vanguard Economic and Market Update – April 2020

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Key points:

  • Vanguard continues to anticipate the sharpest global recession in recent history.
  • Despite China’s GDP contracting 6.8% in the first quarter in 2020, Vanguard cautions against reading too much into this figure for its global or its domestic implications.
  • The coronavirus outbreak threatens to drag Australia to two consecutive quarters of economic contraction for the first time in nearly 30 years.
  • Vanguard’s 10-year annualized outlook for equity returns, at March 2020, has improved since the start of the year as the COVID-19-inspired sell-off reduced valuations.

51. Lock Down on Superannuation

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With the continued hysteria within the markets, we have seen signs of something shown in Industry Funds that happened in GFC with the freezing of funds.
This can be a complex and complicated time for all and if we can answer any queries. 03 9111 2675 | enquiries@kofkinbond.com.au

42. Risk in Industry Funds

  • Willard Lloyd
  • January 16, 2020
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This weeks podcast goes down an avenue we hold to and ensure this is one of the reasons we feel so against industry funds as they “compare the pair” and only basing this on the return, not the underlying assets and the exposure to risk by the fund.

Tony and Jamie discuss the definition of liquidity and why it has been so important in a portfolio.

Liquidity risk is not felt until markets are under pressure and failing, If illiquid assets represent a large proportion of a portfolio, there is a risk that clients may not be able to access their money when they want it. Tony gives an example of this and more through this podcast.

37. Hurdles with Michael Lagudi

  • Willard Lloyd
  • December 3, 2019
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Michael Lagudi. National Manager of Investment Solutions, Morningstar.

Having the world at his feet in what he explains as the perfect life, to a diagnosis. Michael shares the emotional experience of the process through Stage 4 Cancer and how a positive mindset and financial protection ensured his survival.

What the election could mean for your Investments.

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The final days are drawing near as Australia readies itself to vote.

The tax has been one of the main battlegrounds for the two major parties, with Labor’s proposed taxation policies set to make sweeping changes to franking credits, capital gains tax and negative gearing.

Here’s Kofkin Bond & Co’s guide to what the proposed changes could mean for you if Labor gets elected.

·        Franking Credits

·        Capital Gains Tax

·        Negative Gearing

 

There is a popular phrase thrown around by teenagers that also applies to investors: FOMO (fear of missing out)

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Recently, we have been closely watching market valuations that have been indicating overpriced equity markets and it has us concerned. I liken the current state of the markets to that of the movie, The Big Short, which was based on   the GFC (Global Financial Crisis) (If you haven’t seen the movie and would like to know what’s happening in our current markets I urge ask you to watch it this weekend.)

Although we still have exposure to some growth assets including certain shares in both Australia and various regions, Having watched people’s wealth being destroyed during the GFC, has made us overly conservative has made us highly conservative for two reasons:

  1. Our job is to preserve our client’s wealth during both good and bad times
  2. If the bad times occur, we don’t want to be in a position where we simply must ride out the loss of capital. We strive to be in a position to be able to buy, great, however,  oversold, assets with cash.

Financial and Physical wellness go hand in hand

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You have probably heard of the significant benefits associated with workplace wellness programs; perhaps you have even implemented one in your organization. What many employers (and others) don’t realize is that financial wellness is just as important as physical wellness. In fact, employees who struggle from financial trouble are often more likely to have less focus at work, an unhealthier lifestyle and higher medical costs. Incorporating a financial component to your wellness program can be a strategic move that both your budget and your employees will appreciate.