Library

In our library, you will find the latest financial news, valuable insights and ideas, tips and tricks we've learnt over the years and other helpful educational pieces.

Wealth Management

Comfortable ignorance or an inconvenient truth?

By John Barton
Wealth and health are two topics that many of us flat-out prefer a comfortable level of ignorance compared to the often inconvenient, and sometimes confronting, truth. Most of us tend to avoid, put off and defer the assessments and actions that will actually get us where we want to get. However, getting there will, in most cases, require a level of inconvenience – and many of us simply prefer the comfort of assuming all will be well rather than face a little inconvenience along the way.

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The collapse of Nant Whisky – a cautionary tale for investors

By John Barton
“Investors losing millions of dollars, bar staff taking cash from the till just to get paid and a former cricketer dropping out of a high-profile marketing deal” ... Sounds like the beginnings of a financial catastrophe, doesn’t it? That’s because it is.

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MGD Director shortlisted for prestigious SMSF Award

MGD Director Andrew Albury has been shortlisted as one of nine finalists in the SMSF Adviser of the Year category of the Queensland 2017 SMSF and Accounting Awards. The Awards recognise individuals and businesses that are making their mark in SMSF and accounting advice by championing professionalism, quality advice and innovation...

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Five Money Tips for Young Professionals

By Alec Berry
We understand that as a young professional, you’re juggling a number of competing priorities, and that it can be difficult finding the time or headspace to think about your financial future. However, with age on your side, you are in a powerful position. We've shared five considerations to help get you started in building the foundations for your financial future...

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7 things I’d tell my younger self

By John Barton
Hindsight is an incredible thing and what’s more, hindsight brings with it 20/20 vision. When you think about it, of all the people to take advice from, the best person is really you. Or, the ‘older you’ specifically. You know you best.

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Education Bonds: Investing for Children and Grandchildren

By Andrew Proudfoot
Last week, we introduced the concept of an insurance bond for tax-effective saving outside superannuation. We also touched on a unique sub-class of insurance bonds, known as education bonds, which can be used to invest for your child/grandchild’s future in a tax-effective way and to make certain educational expenses tax deductible.

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The next best tax structure outside superannuation

By Andrew Proudfoot
Superannuation has long been hailed as the best tax structure in Australia. However, it isn’t the only long-term investment option available and with the impending legislative changes limiting how much can be entered and invested into super, now is a good time to review the next best option.

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7 ways to kickstart 2017 – and make it your best financial year yet

By John Barton
If there is one thing 2016 taught us, it is that peace of mind is a valuable thing. We are both excited and hopeful for the year to come and have shared 7 tips to help make 2017 your best financial year yet and to help you achieve peace of mind for the year to come, regardless of what events unfold this year.

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Bank hybrids: a cautionary tale

By Stephen Furness
In today’s volatile and uncertain market where term deposit rates remain consistently low, investors continue to be attracted to the regular and defined distribution payments bank hybrid securities can offer. However, despite their many positive features, bank hybrids carry more risks than many investors realise.

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Personal risk insurance: how to survive and manage premium price hikes

If you’ve experienced a substantial increase in your personal risk insurance premiums year-on-year in recent times you are certainly not alone, with many reporting average increases in the region of 20% per year over the last few years.

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High profile specialists join leading Brisbane boutique financial services firm

Boutique financial services firm, MGD Wealth, has enjoyed a bright start to 2016 with the addition of two very experienced wealth management specialists, Richard Marsden and Rachel Barlow, to its growing team.

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How sticky are you?

How sticky are you? How many of the dollars that you earn this week, this month or this year will you still have next year or the year after? Would your chances of building the best possible future for yourself (and your family) be improved if you could increase your stickiness? Of course it would.

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2016 – Not a Very Happy New Year

Well the New Year’s here and global equity markets are not off to a great start. Most equity markets have recorded their worst start to a calendar year ever. And this comes on the back of calendar 2015 performances which in price terms were negative for most major equity market indices – and those that did record positive performances were mostly in the low single digit range.

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In focus: Tony Kelly

Recently we sat down with Tony, a client and a friend, to find out more about his remarkable career and to get an update on his exciting new business venture.

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How to help your kids get into the property market

While other 70-year-olds may be planning exotic cruises or luxurious overseas holidays, state government veterinarian Colin McQueen continues to clock in at the Ararat export abattoir as he works to pay off the last of the three homes he bought in Melbourne’s inner northern suburbs for his adult children.

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Reframe your thinking and take control of your future — Part Two

In Part One of our discussion on reframing we considered the benefits of thinking about your income as an asset. Turning now from income to your investment assets, it can be equally valuable to reverse your thinking when it comes to your personal balance sheet.

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What do cricket and your personal finances have in common?

By John Barton
Here's a new way to think about your finances - it's just like cricket. I'm thinking of Adam Gilchrist and Geoff Boycott. Gilchrist was the big-hitting former Australian batsman — lots of runs in quick time. Very exciting to watch. Boycott was the dour, careful Englishman of a generation ago. Again, lots of runs but not much excitement.

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