Recent content by Alex Straker

I used to live in Caloundra and would call it a good low risk proposition for the long term. Lots of retirees in the area, still expanding and infrastructure planned. As long as you are not too -ve on cash flow and it sounds like you will be ok from the rough numbers then it looks like a good...

Alexlee is dead right (I have been doing exactly that!) and some of the comments being made on dollar cost averaging entirely miss the point of the strategy. It's about long term accumulation of high yielding, tax efficient assets in small parcels that can be done regularly (unlike property)...

LS, I sent you a PM. TPI asks very wise questions and there are also a number of other questions that have high relevance, the most important one being are you using a financial planner? There some structuring implications that can make an big difference to tax and pension. As you are in...

Hi Bayview Thanks for the input, you are absolutely right I totally agree that taking risks is essential in seeking worthwhile returns and folks who play risk avoidance all their life do tend to struggle to get any real momentum whether it be in the property game or any other asset building...

Well done for raising this issue Terry, it is very important. I would estimate 50% of the clients I see for the first time don't have this properly sorted out. A non-lapsing binding death benefit nomination is the way to go as this does not have to be re-written every 3 years. Second best...

Hi Wylie Afraid I can't give any personal advice on here. In any case this is a general insurance question, my area is personal insurances. Sorry I cannot be more help. TPI I was not aware of that site, they do seem to have the main providers listed there. Did not have a lot of time...

I agree that risk management is the crux of the matter. Over exposure in an unkind market CAN bring any master plan undone, particularly if the cash flow and buffers are not healthy. Over the past 10 years I have been mentored by a particularly talented hedge fund consultant from the US and...

Hi TPI I really like your site, would like to discuss something with you when time permits. In answer to your question - Canstar is by far the best resource for this type of information. www.canstar.com.au Having said that, my honest view is that ensuring you have quality risk...

Hi Jingo Good to hear your thoughts, agree budget, buffers and cash flow are of extreme importance and I like your tip about constantly growing buffers, totally agree. I have run a lot of debt recycling strategies with clients and one thing we are always conscious of is growing the buffers...

Hi Jamie Thanks brother! Cheers Alex

Hi All I am new here and was recently encouraged to join Somersoft by Rolf Latham. Rolf and I work closely in the finance industry on a referral basis, my specialty being risk management (not just insurance but buffer positions, cash flow management, estate planning, etc). I have a...