My Investment Plan in Docklands, Victoria | Financial planner

My Investment Plan

Locality: Docklands, Victoria

Phone: +61 3 8370 3066

Add/Update information

Reviews

Tags

• Mortgage brokers
• Financial planner
• Insurance company

25.01.2022 Contents Insurance: http://ow.ly/cbuY30lt8uG The next type of insurance is contents insurance. When we live in a property, we understand the contents to be our belongings inside the property; our appliances, TV, jewellery, and furniture. However, in insurance terms, the flooring, carpet, and window coverings are all considered contents as well theyre not part of the building. So, when costing your contents, be sure to include these items to know how much you should insure... the contents for: http://ow.ly/cbuY30lt8uG #myinvestmentplan #financialadvisors #melbourneinvestments #financialadvisormelbourne

24.01.2022 Building Insurance: http://ow.ly/STBo30kRaVL Perhaps youre worried of a natural disaster occurring and damaging your property. Building insurance is something that you can buy to protect the building. In the event of a fire, the insurance company will pay for rebuilding a similar property.

22.01.2022 Partnerships: http://ow.ly/VJwl30lt8E9 A partnership has its own tax file number and, as such, is treated as a separate entity for taxation purposes. Although it does not pay tax, the individual partners pay their taxes from the incomes distributed through the partnership.... Advantages of a partnership structure: http://ow.ly/VJwl30lt8E9

22.01.2022 Individual Ownership: http://ow.ly/6V0M30lt8KP The most common ownership is a person holding the properties in their own name. Advantages of investments held in individual names are:... - Easy to set up and manage, as income and capital gains are included in the individuals own tax returns. - Easy administration compared to other structures. - Offers negative gearing for salaried owners. - Tax effective if its a principal home. Disadvantages of individual ownership: - No flexibility with distribution of income. - Potential risk of being sued with assets exposed to creditors. - Negatively geared assets eventually become positively geared, resulting in an increased tax liability after a few years. The same advantages and disadvantages apply to assets held in joint individual names. #myinvestmentplan #financialadvisors #melbourneinvestments #financialadvisormelbourne

22.01.2022 "Kit Wong is a standout financial adviser and coach. Her depth of knowledge on a range of investment strategies as well as the Financial Planning industry are outstanding. She is highly client focused, offering insightful advice that are both relevant and useful to the individual needs of a client. Kit was engaged to assist with financial planning and investment strategies to achieve long term financial goals. What attracted me to Kit was her reputation and expertise in prope...rty investment strategies. As a property investor myself, I was immediately struck by her passion, depth of knowledge and experience with a diverse range of topics and strategies relating to property investments. Her attention to detail and quality of advice has given me confidence that she is the right person to help me achieve my goals. She is without doubt a pre-eminent financial coach if you want to achieve financial goals using property as a vehicle." - Richard Tran Read more testimonials: http://ow.ly/dwCX30lhh9J #myinvestmentplan #financialadvisors #wealthaccumulation #wealthmanagement #realestateinvestment

22.01.2022 Assets: http://ow.ly/N9Ea30lhh6i An asset is generally understood to have a current value to meet debts and commitments and a future economic value. It is usually expressed in dollars. There are different classes of assets you can invest in: cash or bonds, fixed interest products, real property, and shares.... Each of these assets have different levels of risk and return. Read more: http://ow.ly/N9Ea30lhh6i

21.01.2022 "I have known Kit for over 10 years. I hired her back in her technology days. Then and today, Kit is an absolute professional and did a superb job for me. When she moved in to finance I was looking for someone to help me that I could trust and I knew would act with integrity and professionalism. I can not recommend Kit highly enough. She has set up my financial structure and has provided great advice and service." - Ian Lyons Read more testimonials: http://ow.ly/Fuw830lhh04... #myinvestmentplan #financialadvisors #wealthaccumulation #wealthmanagement #realestateinvestment

21.01.2022 Contents Insurance: http://ow.ly/5VBw30kRaX2 The next type of insurance is contents insurance. When we live in a property, we understand the contents to be our belongings inside the property; our appliances, TV, jewellery, and furniture. ... However, in insurance terms, the flooring, carpet, and window coverings are all considered contents as well: http://ow.ly/5VBw30kRaX2

21.01.2022 Our Financial Planning Process: http://ow.ly/KOgc30lhgUq We afford our clients the luxury of simplicity through our comprehensive financial planning services. With our expertise and in-depth conversations focused on your priorities, our team will work with you to draft a plan that expertly meets you financial objectives, mitigates taxation and leads you confidently towards the future you envisage: http://ow.ly/KOgc30lhgUq

20.01.2022 Protecting Your Legacy: http://ow.ly/x5Ix30kKOvs It is estimated that nearly half of all Australians pass on without a Will. Without an estate plan together with a Will in place, you lose control of your legacy and it may take longer or cost more to settle your estate, where less money may go to your loved ones.

20.01.2022 Deductible Expenses: http://ow.ly/1KUJ30l4eWo Taxes are something we cannot avoid. However, we can use negative gearing to claim tax deductions from expenses in order to keep an investment. These losses can be claimed as a deduction against your income taxes or, if you are a salaried employee, against your wages.

19.01.2022 Property Managers: http://ow.ly/w2QZ30lhhHZ Another indirect asset protection is to hire professional property managers to manage your investment portfolio. There are landlord responsibilities that you need to be kept up to date with; as such, it is best to leave the management to professional companies who can work to provide a favourable outcome for you.... Factors to consider in hiring your property manager: http://ow.ly/w2QZ30lhhHZ #myinvestmentplan #financialadvisors #wealthaccumulation #wealthmanagement #realestateinvestment

19.01.2022 Protecting Your Legacy: http://ow.ly/8BXq30laLC2 A well thought out estate plan is critical to protect and transition your wealth to the next generation. Estate planning will allow you to be remembered the way you want. To leave a legacy to the ones you love reflects your wishes and gives purpose to what you have accomplished in your life.... Without estate planning, this likely will not happen. Having a Will is one of the cornerstones of financial and estate planning: http://ow.ly/8BXq30laLC2 #estateplanning #legacy #wealthprotection

18.01.2022 Wealth Accumulation to build your Legacy: http://ow.ly/fqJT30kXKLa Crafting a clear strategic blueprint with a comprehensive clear path with goal oriented solutions based off your individual situation is delivered to maximise wealth accumulation for you. Objective thinking about investing and addressing issues, opportunities, hopes and challenges inherent to you is fundamental in our due diligence to create, protect and ultimately transfer wealth to your beneficiaries leaving a legacy: http://ow.ly/fqJT30kXKLa

17.01.2022 Deductible Expenses: http://ow.ly/Wiqj30lhhGk Taxes are something we cannot avoid. However, we can use negative gearing to claim tax deductions from expenses in order to keep an investment. These losses can be claimed as a deduction against your income taxes or, if you are a salaried employee, against your wages.... There are several categories of expenses in the acquisition and the ongoing maintenance of a property. Most of the acquisition costs are added to the cost base of the property: http://ow.ly/Wiqj30lhhGk #myinvestmentplan #financialadvisors #wealthaccumulation #wealthmanagement #realestateinvestment

17.01.2022 The Importance of Insurance: http://ow.ly/QZk330lhhLR I had a client who moved out from their home and made it into an investment property. They rented it to someone they knew who was only going to be there for a short time; they thought it would be good to have a friend look after their property and their dog while they moved into their new home. There wasnt a proper lease agreement.... Unfortunately, an accident occurred: http://ow.ly/QZk330lhhLR #myinvestmentplan #financialadvisors #wealthaccumulation #wealthmanagement #realestateinvestment

16.01.2022 Wealth Accumulation to build your Legacy: http://ow.ly/IG2N30l4eYO We take on responsible stewardship as your financial partner in wealth creation with a covenance for capital preservation. Find out how we can help: http://ow.ly/IG2N30l4eYO

15.01.2022 Protect your Assets: http://ow.ly/36Z330laLAH There are a multitude of practical and personal factors that can diminish your financial security. By adopting insurance based strategies and personal risk solution products, we aim to offset some future risk so you can enjoy greater control and confidence in your wealth.... Learn more: http://ow.ly/36Z330laLAH #financialplanning #wealthprotection #wealthadvisor

13.01.2022 Building Insurance: http://ow.ly/vAaf30lt8vE Perhaps youre worried of a natural disaster occurring and damaging your property. Building insurance is something that you can buy to protect the building. In the event of a fire, the insurance company will pay for rebuilding a similar property. #myinvestmentplan #financialadvisors #melbourneinvestments #financialadvisormelbourne

13.01.2022 Ownership in a Trust: http://ow.ly/tPwE30lt8xn A trust is an obligation imposed on a person (a trustee) to hold the property for the benefit of others (the beneficiaries). This is a popular investment structure, largely due to its ability to distribute income and capital gains in a tax efficient manner. Trustees can be individuals or companies.... The main types of trust for property ownership are: http://ow.ly/tPwE30lt8xn #myinvestmentplan #financialadvisors #melbourneinvestments #financialadvisormelbourne

13.01.2022 Personal Insurances: http://ow.ly/k81Q30lhhPb Planning for the unexpected is prudent. Being proactive with personal insurance planning can make a significant difference to your life and the lives of our loved ones should any unexpected event happens. These are the insurances where you are protecting you as your asset: http://ow.ly/k81Q30lhhPb #myinvestmentplan #financialadvisors #wealthaccumulation #wealthmanagement #realestateinvestment

11.01.2022 Company Ownership: http://ow.ly/Saok30lt8y8 A company is a separate legal entity, which means it has the same rights as a natural person and can incur debt, sue, and be sued. The companys owners (the shareholders) can limit their personal liability and are generally not liable for company debts. Owning properties in a company is not as common as individual and trust ownerships.... Advantages of a company structure: http://ow.ly/Saok30lt8y8 #myinvestmentplan #financialadvisors #melbourneinvestments #financialadvisormelbourne

11.01.2022 Advice Tailored to your Needs: http://ow.ly/Lbwk30l4eXi Collaboratively, we create a prudent yet growth focused financial plan. Often our holistic approach is based on a dominant core strategy complemented by secondary solutions that take advantage of specific market opportunities taking into considerations of effective tax planning and on-going management: http://ow.ly/Lbwk30l4eXi

10.01.2022 Landlord Insurance: http://ow.ly/tZuk30kXKJs If youre a landlord and the property is an investment property, you should definitely consider having landlord insurance. Landlord insurance covers you for tenant-related risks, including loss of your rental income and loss or damage by tenants to your building and contents.... It covers absconding and defaulting tenants outstanding rents, as well as a loss of rent due to: http://ow.ly/tZuk30kXKJs

09.01.2022 Personal Insurances: http://ow.ly/CmVB30kXKMN Planning for the unexpected is prudent. Being proactive with personal insurance planning can make a significant difference to your life and the lives of our loved ones should any unexpected event happens. These are the insurances where you are protecting you as your asset: http://ow.ly/CmVB30kXKMN

08.01.2022 Protect your Assets: http://ow.ly/G9Jg30kDWe1 There are a multitude of practical and personal factors that can diminish your financial security. By adopting insurance based strategies and personal risk solution products, we aim to offset some future risk so you can enjoy greater control and confidence in your wealth: http://ow.ly/G9Jg30kDWe1

08.01.2022 Company Ownership: http://ow.ly/kohs30kKP79 A company is a separate legal entity, which means it has the same rights as a natural person and can incur debt, sue, and be sued. The companys owners (the shareholders) can limit their personal liability and are generally not liable for company debts. Owning properties in a company is not as common as individual and trust ownerships.... Advantages and disadvantages of a company structure: http://ow.ly/kohs30kKP79

08.01.2022 Leverage for Wealth Protection: http://ow.ly/E6Ae30lt8wA Your greatest asset is your earning ability. Your greatest resource is your time. Brian Tracy... You are your biggest asset. Your capacity to earn and plan ahead is your greatest resource in building wealth. Your earning allows you to save, invest, and build wealth for financial independence. #myinvestmentplan #financialadvisors #melbourneinvestments #financialadvisormelbourne

07.01.2022 Landlord Insurance: http://ow.ly/j5cC30lt8tg If youre a landlord and the property is an investment property, you should definitely consider having landlord insurance. Landlord insurance covers you for tenant-related risks, including loss of your rental income and loss or damage by tenants to your building and contents. It covers absconding and defaulting tenants outstanding rents, as well as a loss of rent due to: http://ow.ly/j5cC30lt8tg... #myinvestmentplan #financialadvisors #melbourneinvestments #financialadvisormelbourne

07.01.2022 Property Managers: http://ow.ly/rfxt30l4eUn Another indirect asset protection is to hire professional property managers to manage your investment portfolio. There are landlord responsibilities that you need to be kept up to date with; as such, it is best to leave the management to professional companies who can work to provide a favourable outcome for you.... Factors to consider in hiring your property manager: http://ow.ly/rfxt30l4eUn

06.01.2022 Leverage for Wealth Protection: http://ow.ly/zPfY30kRaT5 Your greatest asset is your earning ability. Your greatest resource is your time. Brian Tracy... You are your biggest asset. Your capacity to earn and plan ahead is your greatest resource in building wealth. Your earning allows you to save, invest, and build wealth for financial independence. http://ow.ly/zPfY30kRaT5

06.01.2022 Do you know what changes to the goods and services tax (GST) means for your business? From July 1, the change applies to retail sales of low value physical goods ($1000 or less) imported to Australia: http://bit.ly/2yYiU2R

03.01.2022 Individual Ownership: http://ow.ly/52r030kKOts The most common ownership is a person holding the properties in their own name. Advantages and disadvantages of investments held in individual names are: http://ow.ly/52r030kKOts

03.01.2022 Partnerships: http://ow.ly/q9Ec30kKOul A partnership has its own tax file number and, as such, is treated as a separate entity for taxation purposes. Although it does not pay tax, the individual partners pay their taxes from the incomes distributed through the partnership.... Advantages and disadvantages of a partnership structure: http://ow.ly/q9Ec30kKOul

01.01.2022 The Importance of Insurance: http://ow.ly/cJkS30kXLo3 I had a client who moved out from their home and made it into an investment property. They rented it to someone they knew who was only going to be there for a short time; they thought it would be good to have a friend look after their property and their dog while they moved into their new home. ... There wasnt a proper lease agreement.

01.01.2022 My Investment Plan continues to advocate financial education with public seminars on current topics of interest and updated legislation: http://ow.ly/tcIr30laLHJ We realise financial education can sometimes be a dry subject riddled with complexity. We design interactive seminars with light hearted materials from quizzes to practical real life simulations to present complex financial aspects in a simple visual manner.... To find out more on our next seminar or workshop, please register here: http://ow.ly/tcIr30laLHJ