How to invest wisely by Mike Beal Sunshine Coast Investment Specialist

How do I invest inheritance? How do I invest my bonus? How do I invest lottery winnings? The following information is general information only – all advice depends upon your individual circumstances. For customised financial advice please contact Mike Beal your Sunshine Coast Investment Specialist. 1. Debt Repayment You’ve probably heard of the ‘magic of…

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Royal Commission Recommendation Summary by Mike Beal Sunshine Coast Financial Planner-min

Mortgage Brokers Commissioner Hayne recommended the borrower, not the lender, should pay the mortgage broker. Hayne proposed that commissions be banned for mortgage brokers. There is an irony that the big banks, if this is enacted, will not have to pay brokers and therefore will become stronger and competition will be reduced. The commission rates…

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Barefoot Investor Review by Mike Beal Financial Planner Sunshine Coast

The Barefoot Investor Book Review (barefootinvestor.com) The author has a cult-like following so I thought I better have a read. The concepts in the book are very good and it is a simple, enjoyable read, I can now see why the book is so popular. Here’s some of my takeaways: Budgeting: Budgets don’t work. Agreed.…

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How to choose a Financial Planner

Find a local Financial Planner Find a local Financial Planner using the industry’s professional association, The Financial Planning Association, https://fpa.com.au/.  Members of the FPA must adhere to professional standards and the FPA’s code of ethics. Check the Financial Planner’s Qualifications and Experience The minimum qualification your adviser should have is an Advanced Diploma in Financial Planning.  A…

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