Each year in early May Warren Buffett, who many argue is the most successful investor of all time, hosts the shareholder meeting for his company Berkshire Hathaway. Here are my favourite insights from this year's virtual shareholder meeting.
In our experience, medical professionals often have the ability to generate high levels of income. Where this is the case, quite often excess cash flow is used to invest in property and other growth assets. While this can be a great way to accumulate wealth over the long-term, it is also important to invest in assets that generate regular and reliable income as this nest egg will eventually fund your living needs.
Medical professionals are typically considered high net worth individuals, due to their income and potential earning capability. However, this often attracts the top marginal tax rate with a sizeable chunk not making it into their pocket.
In this episode, Nathan and Glenn chat about the current initiative that enables people to gain early access to their superannuation. If you are suffering financial hardship as a result of COVID-19, you may be eligible to withdraw funds. But should you?
Over the past couple of months, we have experienced unparalleled volatility across share markets. This has resulted in many investors seeing large retractions ‘on-paper’ of their portfolios. However, at Hewison Private Wealth we have been able to minimise the impact of the share market volatility for our clients by diversifying their asset base by including quality unlisted investments.