Paramount Wealth Management

Wayne Leggett interviewed for AFR Smart Investor Mag

Mon, 23 Jan 2012 22:29:01 +0800

Paramount Director, Wayne Leggett, was interviewed for the January issue of Smart Investor magazine, to provide his expert opinion on the use of home equity for investment purposes. The article is only available via subscription to the magazine. For those interested in a subscription and access to the article, click here.

Bright Future for Solar Power Business

Tue, 17 Jan 2012 22:34:47 +0800

Investors in EMC Solar (which includes a number of Paramount clients) will be pleased to read the latest news bulletin put out by the company (now known as "EMC - Energy Made Clean"). To read the bulletin, click the following link, EMC update Jan 2012.

As always, if you would like to to discuss this investment or the contents of the report, please feel free to contact us.

Spark Electronic Magazine for Businesses

Sun, 18 Dec 2011 22:14:30 +0800

Through our licensee, Fortnum Financial Advisers, we have been able to secure client access to Spark, an electronic magazine for business owners. To access the magazine, click here.

SMH seeks our views on future investment returns

Thu, 01 Dec 2011 00:22:45 +0800

In an article published November 26 entitled "Take a Balanced View of the Market", in which he addresses how investors should respond to the recent period of negative returns in superannuation funds, Sydney Morning Herald journalist John Collett interviewed Paramount director, Wayne Leggett, whose comments were quoted in the article. To read the article, click on the link above.

NRAS - a property investment option worth considering

Fri, 25 Nov 2011 00:05:03 +0800

Not long after the National Rental Affordability Scheme (NRAS) was introduced, we recognised its potential as a means of making a negatively-geared (from a tax perspective) property investment that was, at the same time, potentially cash-flow positive from day one.

It is gratifying to see that our assessment of its potential has been recognised by leading property analyst and adviser, Michael Matusik, who has commented on the merits of the scheme in the most recent of his monthly reports, Matusik Missive. To read the report, click the preceding link.

To learn more about this investment opportunity, visit the official government website. To discuss its merits for your particular circumstances, contact us.

The Next Big Thing in Investment Administration

Tue, 22 Nov 2011 00:24:56 +0800

Innova Asset Management has developed the funds management industry's first Unified Managed Account (UMA). This administration system will, in our view, revolutionise the way investment portfolios are managed in future and, as such, represents a fantastic opportunity for both existing and new clients. To read about how the UMA works, click on the preceding link or visit our Comment page.

Innova issues its first newsletters

Mon, 21 Nov 2011 21:51:37 +0800

One of the attractions for us, as financial advisers, in aligning ourselves with Fortnum was their plans to develop their own investment administration system. That arm of the Fortnum Group, known as Innova Asset Management, has just produced the first of what is to be an ongoing series of newsletters. To access this newsletter, click here or visit our Comment page.

The EMU and the A$

Mon, 14 Nov 2011 04:15:07 +0800

In his latest missive, AMP Capital's Dr Shane Oliver outlines the likely negative a volatile Euro-zone on the Australian currency as well as the positive influences of a medium-term increase in demand for commodities.

Fairfax Media interview John Goldie for feature article

Tue, 27 Sep 2011 23:29:57 +0800

On September 14, Fairfax Media posted an article entitled "Market Wobbles: Options for Steady Retirement Income" to their "Money Manager" site. In the article, journalist John Collett includes quotes from an interview he conducted with PWM Director, John Goldie. To access the article, click the following link "Market Wobbles".

Beware the hoax email

Thu, 22 Sep 2011 02:00:16 +0800

Email scams are becoming more prevalent every day.

Now, they are even resorting to using warnings about possible scams as ways to get you to believe they are legitimate.

The banking community advise us that they do not communicate with customers via email unless the email emanates direct from a bank employee's email account.

UNDER NO CIRCUMSTANCES should you either click on any link in one of these emails or supply any personal information requested.

Unfortunately, I just did both, believing the email to be correspondence which I was awaiting from my bank. Fortunately, I soon realised my error and immediately notified the bank. Now I only have the inconvenience of resetting my online banking logins and getting a new Visa card issued (to replace the one I just got last week)!

And then there's the embarrassment of admitting that a financial professional made such a mistake!

So, please remain vigilant and don't become the next victim.