Financial Insights & Updates - April 2021 
Welcome to the April edition of Financial Insights and Updates.
First off, we have our quarterly economic update in this month’s newsletter. Have a read to see if you have missed anything major the last quarter.
In lieu of a video, we have a booklet this month titled “Financial decisions at retirement” by ASIC’s Moneysmart. It discusses how to make the most of your money and avoid costly mistakes.
This month there are multiple articles relating to investing as interest rates remain low while the Australian economy recovery continues with the ASX rising and unemployment falling.
Whilst we contemplate our financial future and potential travel plans with talks of travel bubbles, we should take a moment on Sunday to remember our fallen soldiers.
As always, please do not hesitate to come and speak with us before making any major investment decision and remember that we are always available to answer any questions or queries you may have.
Warm regards,
The Team at Savanna Pride
Quarterly Economic Update: January-March 2021
The global COVID-19 jab-fest gathered pace with some countries, including Israel and the United Kingdom, achieving high rates of immunisation. More importantly, both these countries saw their daily new infection rates plummet, and that translates into thousands of lives saved
However, the rollout has been far from smooth. Rare side effects linked to the... Read More
Borrowing to invest
Borrowing to invest, also known as gearing or leverage, is a risky business. While you get bigger returns when markets go up, it leads to larger losses when markets fall. You still have to repay the investment loan and interest, even if your investment falls in value.
Borrowing to invest is a high-risk strategy for experienced investors... Read More
Unlocking financial secrets for different phases of life 
One of the keys to financial success is to adopt the right strategy at the right time. As you move through the stages of life here are some tried and tested ‘secrets’ that will help you build and protect your wealth... Read More
Superannuation transfer balance cap changes on 1 July 2021 
The Transfer Balance Cap (TBC) began on 1 July 2017. It is a lifetime limit on the total amount of superannuation that can be transferred into retirement phase income streams, including most pensions and annuities.
All retirement phase income streams and retirement phase death... Read More
Annuities 
An annuity, also known as a lifetime or fixed-term pension, gives you a guaranteed income for a number of years. Or the rest of your life.
An annuity is less flexible than an account-based pension, but you can be sure about your future income... Read More
Funeral insurance 
Funeral insurance can cost you a lot more than the benefit your family will receive. And if you stop making repayments, you lose what you've already paid... Read More
Sacrifice your mortgage to build wealth 
Back in the days of “normal” interest rates the simple answer to the question “what do I do with any surplus savings?” was “pay off debt”. That’s still a sound strategy for anyone paying high rates of interest on credit cards or personal loans.
But if your only debt is your mortgage, and if mortgage interest rates are at the lowest they’ve ever been... Read More
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