Rick Maggi

24 July 2018

Educational, Financial Advice, Financial Planning, Wealth Accumulation

Minimal vs FOMO

Rick Maggi

24 July 2018

Educational, Financial Advice, Financial Planning, Wealth Accumulation

So what are younger people really up to with their money?

Rick Maggi

20 July 2018

Economics, Educational, Financial Planning, Market Risk, Market/Economic Update, Retirement, Superannuation, Wealth Accumulation

Is a US recession imminent?

Rick Maggi

20 July 2018

Economics, Educational, Financial Planning, Market Risk, Market/Economic Update, Retirement, Superannuation, Wealth Accumulation

Ever since the Global Financial Crisis (GFC) there has been an obsession with looking for the next recession…

Rick Maggi

20 July 2018

Superannuation

Super funds enjoy a strong year...

Rick Maggi

20 July 2018

Superannuation

Another strong year for shares and super funds…

Rick Maggi

19 July 2018

Educational, Estate

Wills: 5 tips for a stress-free conversation

Rick Maggi

19 July 2018

Educational, Estate

Wills: 5 tips for a stress-free conversation

No one likes unpleasant surprises. Talking about your Will with your family can be stressful, but it can also help to avoid a worse situation when you are gone…

Rick Maggi

18 July 2018

Economics, Financial Advice, Financial Planning, Financial Planning Assoc, Investing

Fear Factor Investing

Rick Maggi

18 July 2018

Economics, Financial Advice, Financial Planning, Financial Planning Assoc, Investing

Fear is a factor in many of our investment decisions. Now, that’s not always a bad thing because fear can be an effective motivator that overcomes another great emotional roadblock for investors – procrastination…

Rick Maggi

6 July 2018

Event Driven Update, Trade War

Tariffs Arrive

Rick Maggi

6 July 2018

Event Driven Update, Trade War

At 12:01 am Friday, the US has finally followed through with their threat to levy tariffs on $34 billion worth of Chinese goods, potentially plunging the two countries into a costly and increasingly unpredictable trade war…

Rick Maggi

6 July 2018

Goal Setting, Well Being

Your money goals, and how to get there...

Rick Maggi

6 July 2018

Goal Setting, Well Being

Your money goals, and how to get there...

It’s easy to have big ideas about your financial future, but harder to achieve them. As most dieters know, you can follow the best dieting program, but struggle to stick to it…

Rick Maggi

5 July 2018

Superannuation, Retirement, Salary Sacrfice

Salary Sacrificing

Rick Maggi

5 July 2018

Superannuation, Retirement, Salary Sacrfice

Maybe you’ve heard about salary sacrifice as a way to increase your retirement savings. But did you know it can be a very tax-effective way to make voluntary super contributions? Find out how you could boost your retirement savings and pay less tax all in one go…

Rick Maggi

5 July 2018

Causes, Health

It's ok not to be ok...

Rick Maggi

5 July 2018

Causes, Health

Phil Waugh is an ambassador of the R U OK campaign, which seeks to encourage all Australians to meaningfully connect with people around them and support anyone struggling with life. He talks about the power of conversations to change lives for the better…

Rick Maggi

4 July 2018

Economics, Educational, Financial Planning, Financial Advice, Investing, Market Risk, Market/Economic Update, Monthly Newsletter/Snapshot, Shares, SMSF, Stats, Strategy, Superannuation, Wealth Accumulation

Strong returns, but storm clouds gather...

Rick Maggi

4 July 2018

Economics, Educational, Financial Planning, Financial Advice, Investing, Market Risk, Market/Economic Update, Monthly Newsletter/Snapshot, Shares, SMSF, Stats, Strategy, Superannuation, Wealth Accumulation

Strong returns, but storm clouds gather...

After reviewing the returns of the last financial year, this note looks at the investment outlook for 2018-19 financial year…

Rick Maggi

3 July 2018

Banking Royal Commission

A Quick Word On The Royal Commission...

Rick Maggi

3 July 2018

Banking Royal Commission

A brief comment from Rick Maggi, Managing Director of Westmount Financial, on the recent findings in the Royal Banking Commission…

Rick Maggi

3 July 2018

Interest Rates, Investing

23 Months Later, Rates Still on Hold...

Rick Maggi

3 July 2018

Interest Rates, Investing

July is the 23rd month that the Reserve Bank has kept interest rates on hold at 1.5%…

Rick Maggi

29 June 2018

Family Finances, Financial Advice, Financial Planning, Goal Setting, Insurance/Risk, Lifestyle, Superannuation, Wills & Estate Planning

So you're starting a family...

Rick Maggi

29 June 2018

Family Finances, Financial Advice, Financial Planning, Goal Setting, Insurance/Risk, Lifestyle, Superannuation, Wills & Estate Planning

Starting a family will bring you plenty of joy, but it will also create many challenges. In addition to possible sleepless nights and changes in your lifestyle, it could also affect you financially…

Rick Maggi

28 June 2018

Interest Rates

Should the RBA raise rates?

Rick Maggi

28 June 2018

Interest Rates

It’s nearly two years since the Reserve Bank of Australia last changed interest rates – when it cut rates to a record low of 1.5% in August 2016. So should they raise rates to prepare households for higher global rates?