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| Why Learn About Share Trading |
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The statistical data available from the Australian Bureau of Statistics continues to confirm that the vast majority of Australians will experience a lifestyle in retirement afforded by an income determined by the old age pension. Undoubtedly most people employed today will have some funds available to them from compulsory superannuation contributions, which will either remove their entitlement to the old age pension or run out before they die. Exhausting ones superannuation will result in these people having to revert back to the old age pension in their twilight years, usually when living expenses and associated medical costs are expected to increase. THESE ARE THE FACTS. THEY ARE EVIDENT TO US EVERY DAY. Over the last twenty years, through our various involvements in the financial services sectors, we have met thousands of Australians striving to get ahead financially, whilst also attempting to maintain their lifestyle and its associated expenses. This group of Australians have had a broad range of educational backgrounds, - doctors, solicitors, tradesman, nurses, specialists, accountants, engineers, and business owners, many of them have also had enviable incomes. These attributes don't seem to pre dispose people to financial success. Across this fairly broad cross section of Australians, we have seen universal difficulty experienced with the concepts of investing whilst actively pursuing day to day life. Their experiences with financial planning firms, generally leaves a sour taste. Often resulting in complaints about paying fees whilst their fund balance goes south. Attempts to budget to free up some extra funds for investment end up failing, as this always seems conflicts with the current financial needs and desires. These are what we call conventional approaches. We are certain they have and will continue to fail our population dismally, the strategies and time frames never really connect with the majority, leaving the average Australian too little time and way to much stress at the end of their working life to accumulate the required asset base to ensure a comfortable retirement. If this sounds familiar, then stick with me, there must be an answer, not every body ends up on the old age pension or living below the poverty level when they retire!! So what's the alternative to this ‚"CONVENTIONAL" approach? We believe it comes down to ten 2 letter words IF IT IS TO BE IT IS UP TO ME!! By this we mean, take control of your own financial future, gain the knowledge to invest your own funds. At the end of the day, every body will to some extent determine their lifestyle choices in retirement by the ability as an investor... |