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Wealth Management tips and information from Continuum Financial Planners Pty Ltd
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ContinuumFP eNewsletter October, 2015
- a 3-minute read before links

What's in this issue?
  • Our website launched successfully
  • Peter has returned; and
  • Teaching intergenerational wealth management skills
The ContinuumFP website:
We took the old site down on the evening of 8 October and launched the new, updated site within the hour that evening. As mentioned in the previous eNews, we welcome (indeed, invite) feedback - and commit to a continuous effort to keep our site fresh, relevant and informative.

A couple of features we have added are: an eNews archive (and we are moving the menu link to that from Contact Us to Library): and we have added a popup for site visitors who may want to register to receive our periodic eNewsletters. If you find that comes up for you at some stage, it will quickly recognise your email address and will not popup for you again.

Over the past twelve months we have undertaken a significant revision of old articles and, whilst we will continue to update existing information to make it more appealing and informative, we are also wanting to meet the needs of people who come top our site looking for wealth management information. Any requests you make to have specific matters addressed will be considered and posted as soon as our schedule permits (in most cases this will be within a few weeks).

Peter (Cashman) has returned:
As many of you will be aware, Peter is one of the Joint Venture associates at ContinuumFP and he - and Damien - are important participants in the development and delivery of the policies and practices at our office. Peter has been away for a little over five weeks, touring Europe and parts of the UK and Ireland with his wife Maureen. Whilst we have enjoyed seeing the photos he and Maureen have put up on their Facebook sites, we are even more delighted to have them home - and Peter back at the office: welcome back, Pete!

Teaching intergenerational wealth management skills:
Do you ever wonder why it is that some people's children are 'money savvy' whilst others, not so much? Interestingly, not all of the money-savvy come from wealthy families: in fact, it seems that, anecdotally at least, those who come from environments where care has to be taken about when money is spent - and what it is spent on, are more savvy than those with more capacity for discretionary spending.

Whilst it is a well-respected belief that children learn more in their first five years than they do in the next fifteen: and that they form life-long philosophies during those formative years, we often miss the opportunities that present themselves during this time, to teach them about money - and how to manage it responsibly. [Remember that whilst money is not an end in itself, the better they learn to manage it, the more likely they will become financially independent - and in due time, capable of contributing to, rather than drawing on, the community (or in particular circumstances, rely less on community support).]

The following articles provide some guidance on related topics: teaching wealth management skills; knowing how to accumulate wealth; and prudential use of gearing to boost wealth accumulation. We trust you enjoy them - and we invite you to share them with family and friends.
For some useful advice about proven methods of teaching children about wealth management and the respect for money, read our 'Intergenerational wealth management' article. It links to a number of posts both on our own site; and on a couple of government sites.
The pathway to financial freedom/ independence starts with your determination to take control of your financial destiny: at the end of the day however, tried and tested strategies give you the best chance of reaching your destination: see some ideas we offer in the post to our website Library: 'Accumulating wealth'.
A strategy that many of us use to start on the journey to financial independence, is to take out a mortgage to buy our home: in a similar way, a productive wealth portfolio can be acquired by borrowing to supplement accumulated savings: see our ideas in our website Library article, 'Gear Savings to accumulate wealth'.
What's on your calendar for October?
October is a very busy month on the 'compliance' calendar:-
  • if you lodge your own tax return through the MyGov or eTax websites, you must lodge by 31 October;
  • if you're in business, you are probably dealing with a BAS report - and payment about now; and
  • our Accountant friends are frantically preparing financial reports and returns to various government departments (staggered lodgement due dates will keep them occupied for the next four to five months!)
Whatever it is that is keeping you awake at night, we trust that it isn't your investment portfolio: our services to those of you who are our clients -
  • seek to ensure that you are confident about your wealth management strategies, whether that is
    • in respect of your superannuation savings, targeting your retirement planning;
    • your investment portfolio;
    • your personal life insurances that are designed to protect your accumulated wealth; or
  • your estate planning, ensuring that those you are most concerned to benefit on your passing receive
    • what you intend for them,
    • with as little dilution because of taxation mismanagement - and
    • when you would like to think they should receive your bequest. 
Thank You:
We take this opportunity to thank those of you who have been looking at the new website (average visits to the site have been just under 110 per day since we re-launched): any feedback - as invited above - will be appreciated.


The Team at
Continuum Financial Planners Pty Ltd
Brisbane
LOCATION MAP

Continuum Financial Planners Pty Ltd
2042 Logan Road

Upper Mt Gravatt Q 4122
Phone: 07 3421 3456
Fax: 07 3421 3400
NOOSA
LOCATION MAP
McAdam Siemon Pty Ltd
Suite 12 Noosa Central
4-12 Bottlebrush Avenue
Noosa Heads Q 4567
Phone: 07 5474 8992
Fax: 07 5474 8954
WARWICK
LOCATION MAP
Paul Ashton & Associates
2 Alice Street
Warwick Q 4370
Phone: 07 3421 3456
Fax: 07 3421 3400

 
DISCLAIMER: The information contained in this newsletter is general in nature and does not take into account personal circumstances, financial needs or objectives. Before acting on any information, you should consider the appropriateness of it and the relevant product having regard to your objectives, financial situation and needs. In particular, you should seek appropriate financial advice and read relevant Product Disclosure Statements or other offer documents prior to acquiring any financial product.
Copyright © 2015 Continuum Financial Planners Pty Ltd, All rights reserved.


Continuum Financial Planners Pty Ltd is a Corporate Authorised Representative & Credit Representative of Securitor Financial Group Limited ABN 48 009 189 495 | AFSL & ACL 240687 Level 8, 260 Queen Street, Brisbane QLD 4000


Our mailing address is:
Continuum Financial Planners Pty Ltd PO BOX 6933 UPPER MOUNT GRAVATT, QLD 4122 Australia
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