“ Sustainable Investing - How you can make a difference
You are invited to attend a special early evening briefing session on
Tuesday 12 October, 2010
starting at 6.00pm for light refreshments followed by a talk from Jo Hume
Learn about Sustainable Investing and how your investment choices
can make a difference.
Sustainable Investing has become a vital key in helping to reverse the trends posed by global warming and the generally unsustainable use of resources currently in place in both our own and emerging economies.
Since 2002 CVC, through CVC Renewable Energy Equity Fund and CVC Sustainable Investments has been a front runner in developing investment opportunities for investors that can make a difference.
The essential message is that there are real reasons for optimism in the rapidly growing sector of sustainable investing.
Your investment in the best range of Clean Tech companies can reduce carbon emissions, remove pollution and save our resources.
True Sustainable Investing
Your Speaker - Jo Hume
Jo Hume has had over 15 years experience in the energy and environmental sectors. Prior to her role as Investment Analyst for CVC Limited Jo was employed with AGL as a senior energy analyst (commercial) who managed development strategies and acquisitions of infrastructureprojects.
Jo was in charge of the NZ Business Council for Sustainable Development. Currently
she is also a Director of the Australia-NZ Climate Change and Business Centre. A Master of Engineering, Jo was awarded a Churchill Fellowship, the Premier’ s Award for environment and education and is a Queens Trust Forum participant
Venue: Riverbend Teahouse
193 Oxford Street, Bulimba, Brisbane.
Timings: Guests are asked to arrive around 6:00pm for a 6.30pm start. Event concludes by 8.00pm.
Attendance: Please confirm attendance or interest by return email to Tony McLennan,
If you wish to invite another guest or guests to attend with you please
call Tony (0419 483 096) who will make arrangements for your guest.
But please be quick as spaces are limited.
The session will be chaired by
Karen McLeod, Ethical Investment Advisers
John McAuliffe
Certain, Likely, Impossible
Certain, likely or impossible were the choices when tutoring our grade 3 daughter in some maths recently. The other term introduced was outcome as in rolling a die.
We recently wrote on the likelihood of a shareholder having a major illness or TPD or death when there were two or three shareholders.
When there were 2 shareholders in a small company the likelihood was of such before age 65 was 57% depending on their ages.
When there were 3 shareholders the likely chance was 70%.
So what is the likelihood of such an event when there are 150 shareholders? Yes we mean the House of Representatives & the chances must be ‘almost certain’ that there will be such an event. I.e. it is ‘almost certain’ that we will have another bye election in the near term & the outcome could be very interesting. It may well produce the outcome of another general election with all it permutations & combinations.
At the moment we have the ‘beautiful ugliness’ that an ‘independent’ described would happen. It is likely that very little new law will be passed & hence we hope we may not be saddled with more law or taxx. Let’s enjoy a well hung parliament & may it continue. It certainly won’t be to reverse any taxxes or reverse any law as that is impossible.
We read of the Gnome from the RBA suggesting that it is likely to raise interest rates in either October or November. This will certainly make the mortgage battler struggle even more.
‘Amy’ called ‘help’ recently when she described her position. She has a mortgage of $444,000 with a $10,000 personal loan & wanting to start a family. This is fair enough & there are very many like her.
Her certain challenge is
A debt of 454,000 @ a possible 7.5% variable interest only means 34,000p.a after taxx before she starts to pay down any principal.
We know that most family’s need a minimum of 1000 per week for living expenses or 52,000p.a. They will need more if there is a car lease.
That’s at least a net after taxx income of $86,000 required.
Thus the family needs a gross $110,000 to achieve both a family & a house. How many families earn that?
That is certainly a struggle for all & we hope that it doesn’t end nastily in 10 years as many do.
So what is Amy or others to do? Maybe she could do what Michael Bloomberg does & own only 2 pairs of shoes. She certainly needs Dan to work from dawn to dusk as the family needs $110,000. She needs to keep working herself as long as is possible but she is likely, as others do, to have two children. Elizabeth found out teaching & with two children means a burn out.
Another option for Amy would be to sell the house as paying ‘rent’ to the bank means you are paying more than a renter & also paying for maintainence & utilities. However there is a 5% cost to selling & ideally all families deserve a home. It certainly means the great Australian dream could end up as a nightmare.
It is certain that Bob from the Senate doesn’t do these simple raw numbers for Amanda. He doesn’t see that Amy would be struggling financially forever. Bob is suggesting more taxxes including past the grave for maybe the greater good.
The Gnome doesn’t live in Amanda’s world but how many families do. Lets raise interest rates & money cost to you as I can. What chance has Amy & Dan of financially surviving when there maybe 5 rates rises to come. It’s scary how a few can rule & financially repress all of the country.
We had two well educated visitors comment recently.
David ‘in a heartbeat’ will be out of the country with his family to Shanghai if for no other reason the taxx rate is 5%. The Chinese were ‘gob smacked’ that you can pay up to 50% to any government.
Liza suggested that she would quit & go onto the dole if regulations become even sillier.
Amy & similar battlers burdened with debt need to act to reduce their taxxes & mortgages simultaneously with our active wealth strategy.
Call on 07 3848 1088 or email info@wealthcoach.net.au today
John McAuliffe
We recently wrote on the likelihood of a shareholder having a major illness or TPD or death when there were two or three shareholders.
When there were 2 shareholders in a small company the likelihood was of such before age 65 was 57% depending on their ages.
When there were 3 shareholders the likely chance was 70%.
So what is the likelihood of such an event when there are 150 shareholders? Yes we mean the House of Representatives & the chances must be ‘almost certain’ that there will be such an event. I.e. it is ‘almost certain’ that we will have another bye election in the near term & the outcome could be very interesting. It may well produce the outcome of another general election with all it permutations & combinations.
At the moment we have the ‘beautiful ugliness’ that an ‘independent’ described would happen. It is likely that very little new law will be passed & hence we hope we may not be saddled with more law or taxx. Let’s enjoy a well hung parliament & may it continue. It certainly won’t be to reverse any taxxes or reverse any law as that is impossible.
We read of the Gnome from the RBA suggesting that it is likely to raise interest rates in either October or November. This will certainly make the mortgage battler struggle even more.
‘Amy’ called ‘help’ recently when she described her position. She has a mortgage of $444,000 with a $10,000 personal loan & wanting to start a family. This is fair enough & there are very many like her.
Her certain challenge is
A debt of 454,000 @ a possible 7.5% variable interest only means 34,000p.a after taxx before she starts to pay down any principal.
We know that most family’s need a minimum of 1000 per week for living expenses or 52,000p.a. They will need more if there is a car lease.
That’s at least a net after taxx income of $86,000 required.
Thus the family needs a gross $110,000 to achieve both a family & a house. How many families earn that?
That is certainly a struggle for all & we hope that it doesn’t end nastily in 10 years as many do.
So what is Amy or others to do? Maybe she could do what Michael Bloomberg does & own only 2 pairs of shoes. She certainly needs Dan to work from dawn to dusk as the family needs $110,000. She needs to keep working herself as long as is possible but she is likely, as others do, to have two children. Elizabeth found out teaching & with two children means a burn out.
Another option for Amy would be to sell the house as paying ‘rent’ to the bank means you are paying more than a renter & also paying for maintainence & utilities. However there is a 5% cost to selling & ideally all families deserve a home. It certainly means the great Australian dream could end up as a nightmare.
It is certain that Bob from the Senate doesn’t do these simple raw numbers for Amanda. He doesn’t see that Amy would be struggling financially forever. Bob is suggesting more taxxes including past the grave for maybe the greater good.
The Gnome doesn’t live in Amanda’s world but how many families do. Lets raise interest rates & money cost to you as I can. What chance has Amy & Dan of financially surviving when there maybe 5 rates rises to come. It’s scary how a few can rule & financially repress all of the country.
We had two well educated visitors comment recently.
David ‘in a heartbeat’ will be out of the country with his family to Shanghai if for no other reason the taxx rate is 5%. The Chinese were ‘gob smacked’ that you can pay up to 50% to any government.
Liza suggested that she would quit & go onto the dole if regulations become even sillier.
Amy & similar battlers burdened with debt need to act to reduce their taxxes & mortgages simultaneously with our active wealth strategy.
Call on 07 3848 1088 or email info@wealthcoach.net.au today
John McAuliffe
