Crisis fatigue! And renewed hope for 2013……

I recently heard a new phrase which I think will take hold and that is “crisis fatigue”. It seems the World had seen so many crises that people had become “fatigued “by it all, and it no longer seemed such a big issue.

The US may have its “Fiscal Cliff “and Greece is probably bankrupt – no-one really cares!

After 4 years of crisis after crisis the public and some commentators are tired and fatigued of being over concerned. So what happens now?

A Reality check!

US payrolls are up, GDP is up, Europe is showing signs of recovery, China is growing again and Australian interest rates are down……all good positive news. The rate drop by the RBA brings the Australian Cash rate to its lowest for many years and home loans at their lowest rate since the 1960’s. Equity returns have been very promising since July reflecting this change in mood and investor sentiment.  

This month we look back at the economic events of the year – always better in hindsight! Warren Buffet outlines his investment lessons of a lifetime. We spend some time on transition to retirement strategies within your super and we cover traps of being an executor.

I hope 2012 has been a successful and happy year for you and your family. I look forward to 2013 and continuing to work with you toward your wealth creation goals.