Cardena Director Tom McDonald shares his insights on key investment and market factors during the first quarter 2020Read more >
January was a dramatic month for the world economy and financial markets, starting with hostilities between the US and Iran and ending with fears about the new coronavirus (2019-nCoV) from China. Here in Australia, we had the extra difficulties from the terrible bushfires.Read more >
December closed out 2019 on a positive note with equities, bonds and commodites all raling as key economic data steadied and the US and China agree to sign the Phase One trade deal. Central banks, including our Reserve Bank, flagged their intention to keep providing liqudity support for the foreseeable future.Read more >
November was a good month for euity markets as the broad risk-on thesem continued. Both the local and US equity markets reached new highs. In contract, the performance of bond markets was mixed, especially for the global bond markets. where expectations of further interest rate cuts have diminished.Read more >
After starting October on a cautious note, markets became a little more optimistic about global economic conditions as the month progressed. News that the US and Chine would sign the so-called "Phase 1" agreement in the trade dispute contributed to the markets improved mood, as did the Ferderal Reserve cutting the cash rate by another 0.25%.Read more >
Thanks to our legal firm partner, Hall & Wilcox, for providing this content.
We are often asked the question ‘how much should I leave for my children’, especially when children are not being treated equally or a child is estranged. Unfortunately, there is no magic answer. If the child is an eligible applicant under the applicable State or Territory legislation for estate claims, the individual should try and make adequate and proper provision for that child even if they do this reluctantly.Read more >
Interest on a loan or that you receive on a deposit can be calculated in two ways: by simple interest or compound interest. How interest is calculated matters over time and that’s why financial advisers recommend paying down debt as quickly as possible and adding regularly to investments, especially very long-term investments like superannuation.Read more >
Tips to get younger people saving money
This is the first note in a series designed for you to share with your children. At Cardena, we’re thinking about your extended family and ways that we can help them build a strong financial future – by starting now.
The word ‘budget’ invokes fear in many that treasure ritual pleasures such as a daily cup or two of barista coffee or Sunday morning brunch. A friend recently confided she spent $1,600 last year on coffees. This might surprise you, but it only takes a couple of bought coffees a day to reach and exceed that number. Small daily amounts can add up!Read more >
28 February 2019
Australia’s superannuation nest egg is estimated at more than $2.7 trillion and is attracting attention all over the world but not all of it is positive. Domestically, both sides of politics have altered superannuation and investment rules in the name of fairness but in the process changed the landscape for investors, forcing them to reconsider their choices. Never has there been a more important time to seek financial advice and be confident in your investments to sustain your financial future.
Last year the Labor party signaled that they will reform a number of measures should they win the next general election expected in May.Read more >