In the journey of achieving your financial and lifestyle goals, think of your personal financial strategy as the flight plan guiding us to your desired destination. Over the past year, we’ve navigated through varying market conditions, achieving solid results for the FY 2024 with ups and downs along the way.
Just like a pilot adjusting to changing flight conditions, we monitor investment markets with asset consultants in the market each day, adapt to regulatory changes, and consider your personal feedback. My focus remains on protecting your interests and optimising your financial situation in line with your goals and risk profile.
The markets and regulatory environment are always evolving, presenting both opportunities and challenges. Our approach, since & prior to 2007, involves a long-term perspective, focusing on key variables that impact your unique situation amidst the vast information available.
As your financial adviser, I am dedicated to ensuring a smooth, stress-free financial journey for you: stay informed by reading widely, consulting with experts, and making decisions supported by trusted professionals. This is akin to a pilot ensuring a safe and comfortable flight for passengers, despite any turbulence.
The following market indicators give us a glimpse of Markets in July 2024 and traces back to the turbulence and events we have successfully navigated since & prior to 2007
|
Date |
ASX200 |
SA/US |
RBA cash rates |
Bonds5yr |
|
2024 July 19 The highest cash rate in 12 years. Historically: Highest rate = 17.50% in Jan 1990. The lowest rate = 0.10% in Nov 2020. Forecast reduction in cash rates in 2024/25 and over next 2 years |
7971.60 |
68.6 |
4.35% |
4.0245% |
|
2024 June 30 |
7767.50 |
66.7 |
4.35% |
4.181% |
|
2024 Mar 28 |
7,897 |
0.65 |
4.35% |
3.625% |
|
2023 Dec 31 13th rate rise by RBA since May 2022 (after lowest rate in history of 0.10% set in Nov 2020) |
7,591 |
0.68 |
4.35% |
3.79% |
|
2023 Sept 30 Short halt to rate rises |
7,025 |
0.64 |
4.10% |
4.13% |
|
2023 June 30 Rate rises continue |
7,203 |
0.66 |
4.10% |
3.79% |
|
2023 Mar 31 Rate rises continue |
7,177 |
0.67 |
3.60% |
3.04% |
|
2022 Dec 31 Rate rises continue |
6,785 |
0.68 |
3.10% |
3.69% |
|
2022 June 30 Rate rises in May& June22: Inflation |
6,568 |
0.69 |
0.85% |
3.32% |
|
2021 June 30 Rates at low 0.10% set Nov2020 |
7,313 |
0.75 |
0.10% |
0.84% |
|
2020 June 30 Coronavirus Mar 2020 |
5,904 |
0.69 |
0.25% |
0.39% |
|
2019 June 30 |
6,194 |
0.70 |
1.25% |
0.86% |
|
2018 June 30 |
6,194 |
0.74 |
1.50% |
2.27% |
|
2017 June 30 |
5,737 |
0.74 |
1.50% |
1.99% |
|
2016 June 30 Brexit announced |
5,237 |
0.74 |
1.75% |
1.64% |
|
2015 June 30 |
5,459 |
0.77 |
2.00% |
2.29% |
|
2014 June 30 |
5,395 |
0.94 |
2.50% |
3.12% |
|
2013 June 30 |
4,802 |
0.91 |
2.75% |
2.96% |
|
GFC 2009 |
3,145 |
0.64 |
3.25% |
3.69% |
|
Pre GFC 2007 |
6,700 |
0.90 |
6.50% |
6.45% |
Setting a course , navigating & managing the events that arise across markets, gives us the best chance of achieving a risk adjusted return on your capital, achieve your goals and what is important to you along the way and in the long term.
