What Is Financial Advice, Financial Planning, Investment Management And Do You Need It?

Sometimes I find it hard to explain what we do and how we charge for it, part of this is due to public misconception and part to where this industry/profession has come from. Most people seeking financial advice expect to pay a fee but they expect their financial dollar return to be greater than that fee – but financial advice is not a transaction and it isn’t an investment service. Financial advice is a service that takes time and expertise, hence the charging of a fee. Not wanting to pay this fee would be like only paying your accountant if

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Time To Start Tax Planning

Typically at the end of the financial year, people start making last minute attempts to improve their tax position, which may lead to poor decisions being made. At McQueen Group, we believe the new financial year is the best time to start your tax planning for the year ahead. We see May and June as the months to make final, small adjustments in line with your overall strategy.   Areas you should consider are: How much tax are you paying? It can sting a bit when you look at your PAYG Summary and see how much tax you paid in

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Top Cash-flow Tracking Apps

There is no doubt that in today’s day and age our lives are ruled by the ever changing use of technology. We are right in the middle of technological advances that are linking business and consumers like never before. As with any boom, technology and how it is being used is rapidly shifting the landscape in which we operate in faster than we can keep up. This could not be truer than what we are seeing right now in the financial services arena. Apple and Android’s alike are flooded with budgeting, investing and money applications that can improve the ability

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Growing Your Superannuation

Making voluntary superannuation contributions is a key way to boost your retirement savings. This article explains the different methods of contributing to superannuation. There are several ways an individual may add to their superannuation. These include: Personal superannuation contributions Salary sacrifice Spouse contributions; and Government co-contributions   Personal superannuation contributions Making a personal contribution into superannuation and claiming a tax deduction for the contribution increases your retirement savings and reduces your income tax payable. Benefits Investing in superannuation boosts your savings to help meet your retirement goals The rate of return inside superannuation may be higher after-tax than investing outside superannuation.

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McQueen Q2 2017 Market Update

In this video, Nowaki McQueen-Tokita Partner at McQueen Group, provides a market update for the June quarter. Nowaki explains June 30 marked the end of a strong, yet volatile 5 year investment period. He identifies several geopolitical risks world wide as well as acknowledging opportunity in the US and Australian shares. Nowaki concludes by saying that at the end of the day, McQueen are long term investors, and while many of the above risks could dominate headlines and cause volatility, chasing returns or selling in times of crisis are seldom winning strategies over the long term.     McQueen Financial

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What Does Your Retirement Look Like?

Every day we have existing or new clients come and talk to us about retirement. The most common questions: How much do I need? When can I retire? Do I have enough? These are perfectly reasonable questions but very few people have actually pictured what retirement looks like. Having an understanding of what retirement looks like helps us answer the above questions, but more importantly it puts the focus back on this huge life change that is occurring. So before you start thinking about the monetary side, step back and think about the life you want to lead in retirement:

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