Welcome to the October Newsletter

Well it’s that time of year again. The football finals are over, Melbourne Cup is soon upon us, the NSW HSC exams have started, the weather is warmer, our tax refunds should be hitting our accounts imminently and Christmas is just around the corner. And we all ask where has the year gone? I hope it has been a prosperous one for all of you so far. 

Let’s stay local with this month's topics! 

Australians have had little wage increases in the last five years and homeownership is increasingly difficult for first home buyers. Perhaps we need to explore other ways to create wealth apart from the first home. Exchange Traded Funds might be part of the solution. 

According to ASIC Australians have been conned out of their hard-earned cash and up until September this year we have lost 19 million dollars. I guess this is because we are looking for a quick return on our money and taking wild risks. This month we examine how Australians have been ripped off by unscrupulous individuals and organised firms.

As superannuation rules tighten we look at how using investment bonds can help protect your money and build wealth. 

Lastly, don’t fritter away your tax refund. We look at ways to use your tax return and make it count.

I hope you enjoy this month's newsletter.

Regards

Michael