Aspirations Wealth Group in Miranda, New South Wales, Australia | Financial service

Aspirations Wealth Group

Locality: Miranda, New South Wales, Australia

Phone: +61 2 9580 7966

Address: Level 1, 621 Kingsway 2228 Miranda, NSW, Australia

Website: http://www.aspirationswealth.com.au/

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25.01.2022 Adviser Profile - Don Changson

25.01.2022 Below is our outlook for 2020: - Likely interest rate cut to 0.50% - House prices up, on back of demand, rate cuts and FOMO - Economic growth to remain soft, could improve globally ... - USA election (in November) to create market volatility - AUD trading between 0.64c and 0.72c. - ASX to trade between 4,000 and 8,000 (?) We see potentially improved global growth in 2020, however we continue to advise that we are late market cycle. Ultra- low interest rates should drive reasonable investment returns through 2020 but they are likely to be more modest than the double-digit gains of 2019.

24.01.2022 As we move into the thick of the Covid-19 outbreak globally, we are closely monitoring the duration and depth of this pandemic. At this stage, the virus is spreading faster than governments can move to quash it, and stimulus measures though welcome and necessary are not yet being palpably felt by markets. We are seeing crashes comparable to the GFC, and a crushing halt to one of the longest share market bull runs in history. The economic impacts of Covid-19 will be with ...us for at least another six, perhaps 12, months. There will be many more announcements along the way, some good news and some bad. The economic numbers are likely to be awful and will cause large falls when they emerge. However, in between times, we will get major rallies as investors reassess the value on offer. There is a long time to go before the medical crisis is over, and the market will react to bad news. On the other hand, the falls have already been quite significant and much bad news has been discounted. Only time will tell. What we do know is that share market valuations are very attractive. The chances of long-term investors earning returns well in excess of Term Deposits / Cash over the next five years are very,very high.... Link below to the latest Aspirations Insights:

24.01.2022 ASX hits record high!

24.01.2022 Great chart below shows all USA share market falls of more than 10% (24 events in total - inc current one) how long the fall lasted, if it led to a recession and the return 1 year later. Interesting times!!

24.01.2022 Below is a summary of events in 2019: - Global economic growth slowed and recession fears increased - The US vs China trade wars ramped up - Interest rates fell 3 times (now 0.75%)... - B Johnston won the UK election and S Morrison won the Australian election - D Trump was impeached (3rd president in history) - Most investment returns were strong (excluding cash), see return chart. See more

23.01.2022 In 1989, $256,000 invested in a term deposit (TD) provided you with an annual income of $50,000, today you need $4,000,000 invested in a TD to get the same income!

23.01.2022 Investing can be difficult, Aspirations Wealth are here to help. Please see our update: 9 Things To Remember:

22.01.2022 We are currently seeing a major correction occurring in all global equity markets as investors try to assess the impact of the coronavirus (Covid-19) on corporate profits. The Dow Jones is currently down over 12% from is recent peak and the Australian share market has fallen some 10%. Below is a link to the Aspirations Wealth update to investment markets. https://aspirationswealth.com.au//Investment-Market-Update

21.01.2022 In massive news overnight, Pfizer and its German partner BioNTech have reported that its novel, two dose vaccine has been more than 90% effective thus far in protecting people against COVID-19. The biggest investment concern is not Trump or Biden or China, it is, and will be for a while yet, COVID-19. The sooner we can get a vaccine the sooner we re-build global economies.

21.01.2022 New retirement E-Book from Aspirations Wealth Group. While being financially prepared for retirement is important, so too is planning what you will do with your newly found freedom and time! Our new E-Book will assist you with some of the non-financial aspects of retirement. https://aspirationswealth.com.au//retirement-planning-ebo/

20.01.2022 As Christmas is fast approaching, we would usually post clients a Christmas card. This year in lieu of a card (our part to help the environment) we will be sending a cash donation of $400 to our charity of choice, Dandelion Support Network. We wish you and your family a Merry Christmas, please see below our e Christmas card. https://www.greetingsisland.com/e/s103btmawo4w/rkccstraodyw... We look forward to continuing to work with you in 2020.

20.01.2022 Below is one of our favourite charts showing USA share market (S&P500) returns over past year vs returns from tech investments that make NO profit, yes that’s right NIL in profit. Bubble bubble toil and trouble.

18.01.2022 In times like this you have to laugh. This video is spot on for current political responses!

18.01.2022 Due to the royal commission all 25,000 registered advisers in Australia must sit and pass a three and a half hour finance exam before 2021. If you fail and dont meet the timeline your license will be cancelled. Myself and Don Changson, one of our senior Private Wealth Advisers, sat one of the early exams. After waiting months for results we both passed. Onto the next challenge.

18.01.2022 Latest Aspirations Insights : Investment Market Update April 2020.

18.01.2022 Most likely USA election result: - Biden to take the White House (after legal challenges) - Democrats hold the House of Representatives - Republicans retain a majority in the Senate... Policy implications: - Fiscal stimulus will be negotiated, scaled back, and possibly pushed into early 2020 - Distributive tax reforms will be resisted by the Senate - Infrastructure development is likely to be constrained by funding Investment implications: - Low long-term interest rates - Lower US dollar - Higher Australian dollar - Higher gold price - Negative for oil - More stimulus good for investment markets Our biggest investment concern is not political, it remains the economic situation caused by Covid and the key to the recovery is a vaccine.

18.01.2022 When will shares recover? Typically falling share markets or bear markets have four stages: Stage one is recognition. Almost everybody shrugs off a bear markets initial slide as being an ordinary event. The current market achieved stage one during its second week. Shares were up slightly for the year, before suddenly dropping 11% in the last week of February 2020. The stock market surged the following Monday, failed to hold its gains, and then collapsed in week three. Thus t...he bear market was triggered. Stage two is panic. Investors faith is tested and some are found wanting. They sell first, then ask questions later. We are currently in stage two. Along with 1987s share market crash, the current share market crash has been the fastest since The Great Depression in 1929. Stage three is stabilisation. Shares halt their decline, thereby ending the impression that they will do nothing but fall. The panic subsides but the situation remains grim. Investors believed during the first stage that share prices slide on a whim. Now they realise that shares stumbled for good reason (lower economic growth), and that until that reason is eliminated, they will continue to struggle. This period is marked by turbulence. Shares rally, sometimes furiously, only to be knocked back down. Investor sentiment varies between guarded optimism, that the end is at least remotely in sight, and despair that the hope was false. This is typically the bear markets longest period, extending for several months. Stage four is anticipation. This is when shares start their recovery. As with the bear markets beginning, almost nobody recognises its end until after the fact. The news at the time tends to be almost unrelievedly grim. However, some investors perceive economic improvement distantly in the future. They make their bids, and shares begin to rise. A classic case occurred in March 2009. The recession was in its terrifying midst, real US gross domestic product declined that quarter, and the next quarter, and the quarter after that. However that was the start of a wonderful bull market run. Fairly soon, we believe will enter the third stage, that of stabilization. That doesnt mean shares wont decline further, but the struggle will at least be bounded. Within months, not years, the stock market recovery should begin. On the other hand, should uncertainties remain high and unresolved, perhaps because the viruss behaviour confounds the scientists, or because the financial stimulus efforts prove ineffective, then all bets are off. For now, quality assets will remain our friend!!

17.01.2022 The chart below shows the 20 biggest ever daily gains and 20 biggest daily losses on the US share market. This week we saw three new entires.

13.01.2022 WHAT WE DO: Whether your savings have been built up inside or outside of super, if you want them to grow or provide consistent income, you need to find investments which provide better long term returns than cash. At Aspirations Wealth Group, we carefully select the right investments for your needs. Our professional team constantly monitors your suite of investments and where required, well contact you to make adjustments to improve your portfolio returns. Its all about... active management of your money. https://aspirationswealth.com.au/about-us/

13.01.2022 The team at Aspirations Wealth wishes you a Happy New Year for 2020The team at Aspirations Wealth wishes you a Happy New Year for 2020

11.01.2022 To all mums, grandmothers, great grandmothers, guardians and fur mummas. Wishing you all a very Happy Mothers Day.

11.01.2022 At Aspirations Wealth we love stats and numbers, so we’re very surprised to hear that the USA government will spend USD$879 million every 60 minutes in 2021! This year the USA fiscal deficit, as a percentage of GDP, will eclipse those seen in WW1 and is only overshadowed by WW2 see chart. There is little doubt that we are absolutely at war with COVID.

10.01.2022 Aspirations Wealth manages hundreds of millions of dollars on behalf of our private clients. We have a rigorous and clearly defined investment philosophy built over decades of investment experience.

10.01.2022 The USA sharemarket is at all-time highs. Should we be worried? The USA share market spends a lot of time at all-time highs. In fact, the S&P500 has been near all-time highs nearly half the time over the last 70 years.... Average returns have been better over the subsequent 3 years when investing Near an All Time High (8.2% pa) than when investing Off an All Time High (7.4% pa). There are plenty of risks to worry about right now however, historically at least, worrying about investing at or near all-time highs needn’t be one of them.

09.01.2022 Great read about outlook for share markets and Covid 19 (aka Coronavirus).

08.01.2022 Detailed investment market outlook reports can be found at following links: https://www.vanguardinvestments.com.au//the-new-age-of-unc https://russellinvestments.com/ie/global-market-outlook... https://www.ampcapital.com//review-of-2019-outlook-for-202

07.01.2022 Adviser Profile - Rik Arendsen

06.01.2022 We urgently need your financial support. We would love to keep making a difference for families in need like Flynn and Kirsty. Donate now to help us reach the ...target of 1,000 families. Every bit counts and we'd love you to spread the word. Make a tax deductible donation via https://hub.benojo.com/campa/help-us-support-1-000-families or Facebook.

06.01.2022 Today the team at Aspirations Wealth attended our preferred charity, Dandelion Support Network. About Dandelion Support Network (DSN): In 2011 DSN supported 125 families with a small volunteer team. In 2019, DSN helped 2033 families in NSW with a large and committed volunteer workforce and a small team of part-time staff.... Who DSN help? When Flynn was just two months old, his mother Kirsty made the brave decision to leave their violent home and to find somewhere safe for her family. Leaving in an urgent rush, Kirsty was forced to leave most of their belongings behind. With the support of their social worker, both Flynn and Kirsty are settling into a new home and starting fresh. Dandelion Support Network were able to provide them with a range of items, such as a cot, pram, clothing linen and toys. All these items play their part in helping Flynn and Kirsty feel more at home each day.

05.01.2022 With interest rates practically gone and near 0%,is GOLD going to be the place to hold cash?? Generally when the stock markets take a tumble, the gold price shoots up in response. Gold has traditionally been considered as a safe haven during periods of instability, whether it be economic or political. But gold can also be useful as an investment in its own right, helping to diversifying your portfolio.

05.01.2022 With the end of the 2020FY, kindly see link below to current information on the Australian share market. The return last financial year was negative 10%, however the long term average return is still strong at 11% per year. Around 80% of years provide positive returns and 20% negative

04.01.2022 On the 11th hour of the 11th day of the 11th month - we shall remember them.

04.01.2022 Happy Easter to all Aspirations Wealth clients and families. And remember, Easter is the only time its safe to put all your eggs in one basket.

04.01.2022 Why is GOLD going up? First, GOLD is a hedge against inflation on the basis that quantitative easing (printing money) will generate higher consumer price inflation. Second, GOLD is seen as a good alternative to major currencies which some see as being at risk thanks to renewed money printing and surging public debt levels.... Third, and perhaps most importantly, the opportunity cost of holding GOLD versus cash or government bonds as an alternative store of value has collapsed again thanks to the renewed collapse in interest rates. We believe GOLD has likely more upside (in the short term) until central banks start to raise interest rates again, which looks to be a while off. Remember it will be volatile and caution is needed.

04.01.2022 Our current comments on share market falls: First, share market falls associated with recession tend to be longer and deeper. Second, after the low the, share markets generally rebound sharply which invariably makes it very hard for investors to time, as by the time they realise what has happened and get back in the market is above where they sold. ... Finally, as would be expected the share market rebound in the year after the low is much greater following falls associated with a recession. So, whether a recession is imminent or not in the US is critical in terms of whether we will see a major bear market or not. In fact, the same applies to Australian shares. Our assessment is that a US/global recession is not inevitable. We have not seen the excesses in terms of overall debt growth (although housing debt is a source of risk in Australia), overinvestment, capacity constraints and inflation that normally precede recessions in the US, globally or Australia. And we have not seen the sort of monetary tightening that leads into recession. In fact, monetary conditions remain very easy. However, the uncertainty around the coronavirus outbreak and the likelihood of economic shutdowns designed to contain it beyond those in China do suggest a greater than normal risk on this front. That said even if there were a recession - growth would likely rebound quickly once the virus came under control as economic activity sprang back to normal helped by policy stimulus.

03.01.2022 Thank you to all our valued clients who were able to attend the Newcastle client event : expect the unexpected It was a wonderful night.Thank you to all our valued clients who were able to attend the Newcastle client event : expect the unexpected It was a wonderful night.

03.01.2022 My charity of choice. Dandelion Network.

02.01.2022 LANGUAGE FOR RETIREMENT MIT recently released a study of approx 1,000 people of different ages and genders asking them for 5 words to describe 'life after career. Top responses for females were;... Happy Fulfilled Family Peace Top responses for males were; Retirement Relax Travel Hobbies https://agelab.mit.edu/language-retirement