Financial Planners can help almost anyone. In this article, we provide a breakdown of how a Financial Planner could help you by creating a financial plan, along with what you could expect by engaging with one.
Why is good financial advice so important?
In today’s uncertain economy, correct financial advice is absolutely essential. It can even mean the difference between poverty and prosperity. From managing business expenses, to investments, to your superannuation, the household budget and more, properly managing your money can be overwhelming.
Though for the best part of 20 years it’s been a compelling city in property terms, there’s now a need for greater caution when investing here.
For the past two years, Melbourne enjoyed the status of being the second best-performing capital city for property, after decades of consistent stability. A different scenario is now emerging.
Melbourne still offers plenty of opportunities for real estate investment. However, there are also areas that represent greater risk, where your return could well fall short of your expectations.
So where are the best properties in Melbourne and how can you avoid high-risk locations and types of real estate?
After months of deliberation on when downsizer contributions will take effect, the day is almost here and it's time to gather all the information and find out if you are eligible for these new contributions. We've put together a guide explaining everything you need to know about the new law and what it means for you and your property. Keep reading to find out more.
Recently a marketing consultant we work with here at Yield Financial Planning referred his parents to us. Besides feeling like it was a vote of confidence in what we are doing, the consultant could clearly see, what we were providing through our financial planning services is what his parents were not receiving through the current financial advisor that was largely acting as an investment advisor.
After this insight I wanted to take the time to share my experience of what the difference is between holistic financial planning advice and investment advice.