Rick Maggi

27 May 2021

Downsizing, Superannuation, Wealth Accumulation, Retirement

Understanding home downsizing contributions...

Rick Maggi

27 May 2021

Downsizing, Superannuation, Wealth Accumulation, Retirement

Understanding home downsizing contributions...

The Federal Government announced in the May Budget that it is widening the scope of the scheme allowing eligible Australians to sell their home and put extra money into their superannuation…

Rick Maggi

18 May 2021

Federal Budget, Retirement

Budget 2021: Retirement Outcomes

Rick Maggi

18 May 2021

Federal Budget, Retirement

The 2021-22 Federal Budget unveiled a range of initiatives aimed at providing additional flexibility across the retirement savings system…

Rick Maggi

12 May 2021

Federal Budget, Retirement, Superannuation

Federal Budget 2021-22

Rick Maggi

12 May 2021

Federal Budget, Retirement, Superannuation

Federal Treasurer Frydenberg announced continuing tax relief for low earners, help for older Australians to save for retirement and more assistance for first home buyers. Find out more…

Rick Maggi

22 April 2021

Investing, Pensions, Retirement, Strategy, Superannuation, Wealth Accumulation, Vanguard, Westmount Financial

Active, index, or both?

Rick Maggi

22 April 2021

Investing, Pensions, Retirement, Strategy, Superannuation, Wealth Accumulation, Vanguard, Westmount Financial

Instead of choosing between index and active investing, consider the core-satellite approach wherein the best aspects of both strategies are combined to construct a portfolio…

Rick Maggi

16 April 2021

Economics, Educational, Investing, Market/Economic Update, Market Risk, Superannuation, Retirement, Westmount Financial

Sweet spot...

Rick Maggi

16 April 2021

Economics, Educational, Investing, Market/Economic Update, Market Risk, Superannuation, Retirement, Westmount Financial

Jason Todd, Head of Wealth Management Investment Strategy at Macquarie Group, presents an excellent summary current economic and market conditions…

Rick Maggi

14 April 2021

Educational, Investing, Superannuation, Retirement

The importance of starting point valuations...

Rick Maggi

14 April 2021

Educational, Investing, Superannuation, Retirement

The importance of starting point valuations...

It makes sense that the cheaper you buy an asset the higher its prospective return will be. However, this is frequently forgotten with investors often tempted to project recent returns into the future regardless of valuations…

Rick Maggi

26 March 2021

Bonds, Superannuation, Retirement, Investing

Why bonds still matter...

Rick Maggi

26 March 2021

Bonds, Superannuation, Retirement, Investing

There's been much discussion about recent events in the bond market both globally and in Australia, with even Warren Buffett weighing in on the topic, declaring that the fixed income market is not the place for investors to be these days…

Rick Maggi

17 March 2021

Retirement, Superannuation

Super: Understanding the new balance caps...

Rick Maggi

17 March 2021

Retirement, Superannuation

Super: Understanding the new balance caps...

A major change to the superannuation system came into effect in mid-2017 with the introduction of a lifetime limit on how much super can be transferred into pension accounts earning tax-free income…

Rick Maggi

15 March 2021

Dividends, Income, Shares, Retirement, Superannuation

A mixed season for dividends

Rick Maggi

15 March 2021

Dividends, Income, Shares, Retirement, Superannuation

The variability in company dividends can be a concern for those reliant on dividend payouts for income. In this low yield environment, it may be prudent to consider a total-returns approach instead…

Rick Maggi

4 March 2021

Bitcoin, Investing, Superannuation, Retirement

Bitcoin: What is it?

Rick Maggi

4 March 2021

Bitcoin, Investing, Superannuation, Retirement

The title may seem a bit harsh, but I reckon it’s a reasonable question given the issues around Bitcoin and the amount of interest it’s once again attracting…

Rick Maggi

2 March 2021

Event Driven Update, Interest Rates, Westmount Financial, Wealth Accumulation, Superannuation, Retirement

Rates remain unchanged...

Rick Maggi

2 March 2021

Event Driven Update, Interest Rates, Westmount Financial, Wealth Accumulation, Superannuation, Retirement

The RBA has left rates on hold at their effective lower bound of 0.1 per cent, saying, “The board remains committed to maintaining highly supportive monetary conditions until its goals are achieved.”