Todd Conklin in Miranda, New South Wales, Australia | Financial planner

Todd Conklin

Locality: Miranda, New South Wales, Australia

Phone: +61 410 598 937

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• Financial planner
• Estate planning solicitor

23.01.2022 Based on this article in the paper on Monday, my three kids are going to cost me $1.2m over the next couple decades. Ouch!!! http://www.adelaidenow.com.au//story-e6fredkc-1226648783413

20.01.2022 Did you know since 1900, the average return on the share market was 11.3%, residential property 11.1%, Australian bonds 7.0% and Australian cash 5.7%? I bet you don't really care. But what about putting this another way that makes more sense? If you invested one dollar in cash in 1900 you would today have about $500. If you invested one dollar in bonds in 1900 you would today have about $2,200. If you invested one dollar in property in 1900 you would today have about $162,70...0. If you invested one dollar in shares in 1900 you would today have about $199,700. Puts things into perspective huh. EDIT: Here's my source if you're interested. I didn't make it up! http://www.fwagroup.com.au//Shares_Property_Bonds_Or_Cash.

18.01.2022 So the Government is up to their usual tricks of scaremongering before the budget. Undoubtedly the strategy is to strike fear into our hearts so that when they finally deliver the bad news, we are all relieved that it's not as bad as "it could have been", instead of wanting to break down the gates of parliament house. Usually my posts are pretty one-sided, but I would be interested to hear your thoughts (if anybody is listening/cares lol). https://au.finance.yahoo.com//federal-budget-2014--how-wil

18.01.2022 I just wanted to let everyone know I have now transitioned to a new role with the NAB. They approached me to fill the Senior Financial Planner role in the Adelaide CBD which I accepted a few weeks ago. I'm excited about the change and opportunity, and look forward to driving the delivery of quality advice to our clients. Still business as usual, my existing mobile number (0400 632 032) is still active and I will not be changing it, however I now have a new mobile for work purposes - 0410 598 937. My new work email is [email protected]. Look forward to hearing from you!

16.01.2022 Here's a good article on choosing a mortgage. I don't get involved in the product side of getting a mortgage, but certainly from a strategic point of view, there's a lot of merit in going in with your eyes open! http://www.essentialsofborrowing.com.au/what-should-i-be-aw

15.01.2022 Here is an interesting read. Younger people have such tremendous opportunity. Little changes now can make the world of difference... http://moneysaverhq.adelaidenow.com.au//story-fni0cms5-122

13.01.2022 I know I am terrible at posting but I came across the following article a couple months ago. http://lnkd.in/btnytuG I just want to clarify what side of the line I'm on - It's Noels. And further I want to add my own two cents... 1. If you invest in something because of the tax breaks, ask yourself if you would still do it even if the tax breaks weren't available. If the answer is no, don't do it.... 2. Rental guarantees are usually a crock. There's a reason they can provide the guarantee and you are usually the one funding it (not to mention cash flow issues down the track). See more

12.01.2022 This is why I am a big advocate of index/passive style investments in superannuation. Index (or passive) funds aim to replicate performance of the market, which takes a lot less work (and cost to the investor) than active management, which is about 'picking winners'. Time and time again the fund managers charging big fees are not earning their keep. http://www.theaustralian.com.au//story-e6frg926-1226897751

07.01.2022 Here's a really interesting article about the Productivity Commission's recommendation to change the retirement age to 70. Not good news for a lot of people, but what are the alternatives? I'm not for or against at this point but I do know there are some big questions that need to be answered as our population ages and the burden on future generations grows... http://www.smh.com.au//pension-at-70-start-saving-now-2013

06.01.2022 Here's a graph depicting the benefits of saving and compounding interest. I found it on the Barefoot Blueprint Facebook Page (have to be a member to access). I think it's really helpful for young people to get motivated. https://fbcdn-sphotos-h-a.akamaihd.net//1513711_1020351917

05.01.2022 Not sure if this is a "true story" or if it's just making a point, but either way it actually has a lot to do with personal finances and success. http://www.wimp.com/bigsecret/

03.01.2022 Here's a thought. Choosing what to invest in is like playing golf. Yeah it can be frustrating at times, but I'm more referring to why a mix of different investments can be a good idea. If a putter is money in the bank, imagine playing golf with only this club. It's a long road, and if there happens to be water or sand between you and the tee, you're just not going to get there. If a driver is shares and/or property, imagine playing golf with just this club. It can be spectacu...lar, and seems like you're getting to the tee pretty quick but when it comes to the crunch you'll keep over or undershooting the mark and could be very costly for your game. But, if you bring out your whole bag of clubs (and have a good caddie to help you make the right selection!), you'll overcome obstacles, cover great distance and have the stability at the end when you need it most. Disclaimer: I am terrible at golf (but a pretty good caddie).

02.01.2022 Interesting article on bankruptcy and superannuation. Bottom line is unless contributions were made to intentionally defeat creditors, your super is safe. http://www.colonialfirststate.com.au/prospects/FS5756.pdf