Becoming a Better Investor
As you are probably aware many of us at Green Taylor Partners enjoy the philosophy of Scott Phillips, Chief Investment Officer of The Motley Fool. Scott can be read or heard regularly in Nine/Fairfax press, Money magazine, Weekend Sunrise on Channel 7 or on the Triple M – Motley Fool podcasts (which I highly recommend). […] Read More
Great opportunity or am I getting ripped off?
Today’s blog started with a message on my phone at about 8:15pm on a Tuesday from a friend via Facebook Messenger, “Hi Rohan, just wondering if you have heard of…”. After a quick Google I came up with the results of a Gold Coast based advisory business. Initial alarm bells went off and I fired […] Read More
Can You Keep Your Cool in a Falling Stock Market?
It seemed timely that I recently read another excellent article by Bruce Jackson (formerly of the Motley Fool but now from The Capital Club) in relation to falling and volatile stock markets. This article was written on October 12 2018. In the last few weeks, world markets have experienced some wild swings which naturally tests […] Read More
Property Investment Traps for Investors to Avoid
There are always tips and traps to remember when property investing but here are some traps investors should avoid: 1) Lack of Property Maintenance Like any investment, your property and your tenants need to be treated with respect. If your property falls into a state of disrepair this can result in a multitude of problems. […] Read More
Don’t give shares to children – Minor Shareholders
Don’t put shares into your children’s names! Over the years (and there have been quite a few!!) I have often been asked by clients about investing money into shares for young children – so as to build up investment balances “over the next 20 years or so”. Whilst the intention is great, there are potential […] Read More
Should you go guarantor for your adult children?
This is a question that we, as trusted advisors, get presented with quite often. This is becoming more prevalent as millennials appear to get priced out of the property market as they aspire to purchase their first home and parents are anxious to help where they can. According to recent Westpac research, 6% of Baby […] Read More
Can you handle the truth?? There have been some amazing swings on the US Sharemarkets’ Dow Jones Index in the last few weeks. On some days the market has been close to 1,000 pts (approx. 4%) down during a daily trading session. Obviously, the Australian Stock Exchange behaviour tends to mirror what is happening overseas […] Read More
Top 10 tips to help rental property owners avoid common tax mistakes
The following are the ten common mistakes that the ATO have identified with rental property claims: 1. Keeping the right records You must have evidence of your income and expenses so you can claim everything you are entitled to. Capital gains tax may apply when you sell your rental property. So keep records over the […] Read More
Should you buy a holiday house?
A common topic we speak to clients about is about the merits of purchasing your own holiday house. The start of these conversations are usually based on a recent holiday the clients have been on, where they absolutely love the coastal town they’ve just stayed in but have paid a fortune for holiday accommodation. Client: It […] Read More
“The 8th wonder of the world”
I have been asked many times – “How much money do I need to retire on?” My answer is always the same – “it depends on what your living style will be when you retire”. If you are going to take an overseas holiday every year and lavish those around you with gifts – then […] Read More