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  • Andre Dirckze

The value of good advice


There’s something to be said for expert advice in an area that affects the lives of every single one of us – our finances.

It’s natural to want to stay in control of your finances, but keeping up to date via the Financial Review simply doesn’t cut it when it comes to getting ahead and preparing for a comfortable future and retirement.

There are a million of options when it comes to finance, investment and making your money work for you. The internet may be a great general source of information, but how do you work out what is impartial advice and what is nothing more than a clever marketing blurb made to sound impartial? And, of course, you have to always be on the lookout for online scams.

What happens if you know the basics but you’d really like a second opinion on the information you’ve sourced? Perhaps you’re after some additional ideas outside of the obvious but you really don’t know what you’re looking for.

If you’re living on a very tight budget balancing your income with your mortgage repayments and other monthly outgoings it seems ludicrous to pay someone for financial advice... right?

The reality is that it makes a lot of sense to get expert one-on-one advice from a financial adviser who has information on you and your financial position. An expert adviser will tailor their information and strategies exactly to your situation taking away any guess work or the possibility of misunderstanding how something works.

In a study released in 2014, investment researcher Morningstar Inc. concluded that employing a financial adviser can improve an investor’s potential return by 1.82% per year. A small increased return over a year or two – but in the long term this could be the difference between scraping by and living a comfortable lifestyle in retirement.

Simon and Olivia feel great about the future after consulting a financial adviser. Both in their mid-30s with demanding jobs and three children under 7, they felt they needed to get serious about their finances and get a proper plan in place. They ‘clicked’ with their adviser on their first meeting and were very happy to follow virtually all of his advice, which included:

  1. Consolidating super accounts

  2. Using the equity in their home to borrow and invest in a managed fund

  3. Increasing personal insurances and seeing a solicitor for wills and estate planning

They put in place strategies to meet future education expenses and over time they planned to manage their debt and pay off their home loan sooner. They were both delighted with the advice and for the first time felt real security in their financial future.

You can make initial contact and chat for free with one of our financial advisers. With a free initial consultation, you’ll find out exactly what the costs and benefits of implementing advice will be based on your personal situation and requirements. Get in touch with us today.

Website: www.wealtheffect.com.au

Phone: 1300 13 59 53

Email: admin@wealtheffect.com.au

Important information and disclaimer

The information contained in this Blog is prepared by My Path Financial Planning T/A Wealth Effect Group registered office 54 Pentland Parade, Yarraville VIC

Wealth Effect Group is a Corporate Authorised Representative of Evermore Money Management Pty Ltd ABN 22 149 269, AFSL 401712

Any advice in this document has been prepared without taking account of your objectives, financial situation or needs. Because of this you should, before acting on any advice, consider whether it is appropriate to your objectives, financial situation and needs.

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1300 13 59 53

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“Andre Dirckze (AR 395157) and Beth Lavelle (AR 1238693) and Wealth Effect Group (CAR 424768) are authorized representatives of Boston Reed AFSL 225738 ABN 89 091 004 885”

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Any advice in this website is of a general nature only and all case studies are for illustrative purposes only. Please seek advice tailored to your own personal circumstances before acting on this information. 

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