Recently I had a deep dive into the Oil & Gas sector. I have been intrigued with posts on Instagram from the Incremental Oil & Gas Company and decided to connect. Who better to find out about an industry than from a CFO of the company working in that sector?
This is a story about how a gift of shares can create a domino effect.
I came across a story recently that piqued my interest. Ben Clendon, now in his 30’s is actively building a share portfolio for the future. His story however, began when at five years old, Ben’s father bought him some shares. That action had a domino effect. It made Ben curious, and that in turn created an awareness of shares and the stock market, and that developed into a career.
Left a widow in 2009 I had to jump in at the deep end. We had bought an investment property and had renovated a couple of houses that we flipped with a little success but that was the sum total of my knowledge. I couldn’t afford to stay a novice. I consulted financial planners, stock brokers and I started looking through the newspapers and goggling information available locally. I also signed up to attend seminars, forums, industry workshops put on by government agencies, financial planning groups and organizations. I went to free ones and I went to paid ones. I was on a mission to find out as much as possible.
Hi everyone, it’s Ann here again. Today I have something a little different for you to think about. Investing and passive are not words you would normally think go together. This podcast however, an interview with Amy Kirsch, will give insight into becoming a passive real estate investor, and introduce you to Realty Shares, the online crowdfunding platform. Still puzzled as to what this is really all about?
Do you have a financial advisor? How comfortable are you with investing? Have you ever looked at your managed funds statements and wondered what all those fees are for? There is another way to look at investing and that is to take control yourself.
What does your retirement number look like? For some people the number that springs to mind is 60 or 65 years old. However there is another number that is more important than the age number. It’s the amount of passive income that is needed to come in each month in order to live on.
Importance of Seeking Financial Advice
Many successful investors consider the financial advisors as their primary source of financial information. Women are slightly more likely to seek financial advice than men. It is true that, many individuals need help on many steps to implement a necessary financial plan for retirement goals. The earlier you seek financial advice in preparation for retirement, the better. As a youth, you should ask yourself;
When my SMSF (Self Managed Superannuation Fund) was established my advisor at the time, Heath Hill, advised me to have my funds allocated between Australian Shares that paid a dividend and cash. As I already owned property it was decided I did not need any more in my super fund. After a few years of attending seminars and