This issue of Wealth Adviser includes:
- Financial pathways to buying a home require planning. Successfully purchasing a home requires thorough financial preparation. Planning is vital to navigate the different financial pathways to home ownership. Proper planning is essential for a seamless home buying experience.
- Super and tax – what’s changing on 1 July 2024. Changes to superannuation and taxes will take effect on July 1, 2024, such as super guarantee contributions going up to 11.5%. It is important to be aware of these upcoming changes to better prepare for their impact on finances. Understanding the changes to superannuation and taxes is crucial for financial planning beyond 2024.
- 3 facts you should know about the Nasdaq 100. The Nasdaq 100 measures the performance of the 100 largest non-financial companies listed on the Nasdaq exchange, including the world’s largest technology companies. Understanding three key facts about the index is essential for gaining insight to the index’s performance and significance in the market.
- Q&A
- The kids have moved out and our house is too big for us. I’ve heard recently that I can downsize by selling my house and putting more money into super by using a downsizer contribution. What is it and what do I need to do to make sure I can use it?
- I’m looking to update my Will but heard from a friend of mine recently that I should investigate having a testamentary trust. What are they?
- I’ve recently inherited some money and I’m looking to buy some shares and I am unsure whether to do this via a stockbroker or managed fund. What are the pros and cons of buying shares through a stockbroker versus investing in a managed fund?
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If you would care to share your experience with me, please comment below!