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5 common financial mistakes to avoid during a crisis

In times of financial crisis, it might seem more affordable to take a ‘Do-It-Yourself’ approach to save on costs, rather than seek the advice of a financial advice professional. Working alongside a subject matter expert such as a financial planner, may help you achieve a better financial outcome as well as putting your mind at rest about the future.

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Five charts on investing to keep in mind in rough times like these

Key message: investor emotion plays a huge role in magnifying the swings in investment markets. The key for investors is not to get sucked into this emotional roller coaster.

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WHAT IS FINANCIAL PLANNING?

Financial planning is a specialist profession and you should make sure that you’re getting advice from a professional financial adviser who is properly licensed and qualified.

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How to stay focussed in volatile markets

The first thing to say about February is that it was far from unusual. Since 1979, there have been 182 five day periods worse than the February decline. It happens, on average, every three months. It’s about as frequent as a 29 degree day in Sydney. Warm, yes, but barely worth a comment. So why do we all feel this way when the markets fall?

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Federal Budget 2019 - What it means for you

As widely predicted, the announcement included a range of tax cuts for both individuals and businesses. The Treasurer also announced increased funding for regulators to encourage tax and superannuation compliance, a number of positive changes to superannuation, and an affirmation of previously announced aged care measures.

This summary provides coverage of the key issues of most interest to you.

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