“The government beast in your home country feeds on debt and taxes, and the best way to win is for bright, productive people to move away with their ideas, labor, and assets. This effectively starves the beast and accelerates its collapse. Then, when the smoke clears, you can move back and help rebuild a free society.
I'd really like to know what you think-- which is the right thing to do, stay or leave? What are you planning to do?”
This is a paragraph from one of the online services that helps provide us with an alternative view of the world.
Let’s answer what we do if we stay. I.e. do you stay & fight.
Those with mortgages make up about 35% of all households & it is they, the ‘mortgage belt’ who receive all the attention when elections happen or when interest rates rise. What can they do if they are ‘to win’? They won’t ‘win’ if they keep doing what they have done in the past. As any small business knows if it keeps doing the same it will keep achieving the same.
Let’s remind ourselves of the basics for a family.
They earn say 100,000+
They pay taxx say 25,000+
They pay say a 350,000 mortgage = DEBT @ say 7.5% interest only or ~26,000
I.e. they have 50,000 left to live on which is <1000 per week.
That’s the real world for this 35% which is a real struggle for Mum & Dad. When finances are tight relationships fray & children may lose.
As our client HMC today was earning 150k+ then the story is the same struggle
I.e. Taxx say 42,000 in taxx
The mortgage is bigger say 500,000 @7.5% = 38,000
So HMC has 70,000 left to live on which will also be a struggle because he has private school preferences which many do.
As the voters have shown recently they toss a coin whether they vote blue or red. They know that it is all wasted & they know they need this taxx money more themselves but ‘the beast’ gets in there first for its 25%-37% share. And as they say there is more. It does want need your TFN so as to know where all your money is. You need to provide it to your super fund so it doesn’t charge the maximum taxx rate.
Maybe the beast will do as Hungary did & demand your private super into its coffers as it did this week. How many government pension & health care promises are unfunded?
In case you are not aware you are only the beneficiary of your super fund as super is a trust structure. Also be aware that your non dependent elder children could pay up to 15% taxx on your super on your demise.
No wonder the struggling Aussie is disinterested in their super because they consider it a taxx.
We attempt to action what the late Don Chipp stated “keep the Beast honest”. It wants the poacher to become gamekeeper. This is why the ‘beast’ wants us to be regulated taxx agents so as we do its work. Its ATO just surrendered on that iconic Aussi Paul.
We would also suggest that as the NAB showed this week & as the global system was a blink away from in October 2008 the only cash you could have is the money in your wallet. Do you have two months income say 10,000 as cash = $ in a PVC pipe in the garden as the HMC suggested today? Do you have the B & B & B or “beans, bullets & baked beans” that online literature suggests?
As Kerryn suggested this week ‘On finances, I think I should be buying some gold before it goes up any more?
Is this going to extreme? Well watch if the Euro is a functioning currency within a timeframe. The US dollar is gradually being usurped by the Yuan in China’s sphere of influence.
Then there is the 350,000+ debt that strangles a family. There is commentary that it is government borrowings that pushes up the interest rates & whilst it might be convenient to blame the banks it is simply supply & demand. Globally governments are borrowing to support both their political promises & sovereign defaults are on the horizon.
We were discussing martial arts with our neighbour this week & although we know nothing about these we understand that you have the opponent somehow helping you.
Thus let’s have the ‘beast’ or the taxx man subsidise your personal debt. This allows the 35% to effectively reduce the two mouths who feed at the family table first i.e. the taxx man & the bank. Both are playing a game of bluff & there is our active wealth strategy that may help you not ‘keeps doing the same it will keep achieving the same’.
We read today that Aussies financially befuddled.
Of course if you belong in the 65% who don’t have debt then some foresight could also save you from the ‘beast’.
We promise that you will know more about your financial jigsaw after our meeting & we certainly won’t waste your or our time.
It won’t cost you anything but the effort to call us on 3848 1088 or email us on info@wealthcoach.net.au
John McAuliffe
the opportunity to purchase Apartments at Zetland.
We are very pleased to be able to offer you the opportunity to purchase Apartments at Zetland.
These are located on Victoria Park Parade in Zetland, just a short distance from the Sydney CBD (5 kilometres), the Eastern Suburbs and beaches.
Each of the one, two and three bedroom apartments (total of just 70) feature timber floors in the living areas, stone bench-tops and quality European appliances.
Many apartments come with at least one security car space (there are City of Sydney Council restrictions on one bedroom apartments so these do not have car spaces unfortunately).
The development and design teams have a strong history in residential property projects. The developer, P & J Projects, has a long history of development in Sydney (think Yellow House, Potts Point) and has engaged the services of a professional team to deliver to prospective purchasers. Renowned architects Tzannes Associates and builders Hutchinson round out the impressive team.
Development Essentials;
· One bedroom apartments from $425,000
o Rental estimates $450 to $490 per week
· Two bedroom apartments with parking from $555,000
o Rental estimates $550 to $650 per week
The apartments feature
2.7m ceilings
Miele & SMEG appliances
Timber boards in living areas
Caesarstone bench-tops
You are welcome to contact us on 07 3848 1088 or email for the following documents for your perusal;
Sample floor plates (plans to come)
Architectural images
Schedule of Finishes
Due for completion around March 2012 Stella represents a great opportunity to purchase a quality apartment now with zero stamp duty for sub-$600,000 apartments.
If you are interested in this project please contact us directly via email or phone on 07 3848 1088 and we would be very pleased to assist.
The project is launching this weekend; you will be able to purchase an apartment as early as Saturday morning 13th November 2010 from 8:00am by appointment with our referral partner Barry Porter.
Kind regards
John McAuliffe
These are located on Victoria Park Parade in Zetland, just a short distance from the Sydney CBD (5 kilometres), the Eastern Suburbs and beaches.
Each of the one, two and three bedroom apartments (total of just 70) feature timber floors in the living areas, stone bench-tops and quality European appliances.
Many apartments come with at least one security car space (there are City of Sydney Council restrictions on one bedroom apartments so these do not have car spaces unfortunately).
The development and design teams have a strong history in residential property projects. The developer, P & J Projects, has a long history of development in Sydney (think Yellow House, Potts Point) and has engaged the services of a professional team to deliver to prospective purchasers. Renowned architects Tzannes Associates and builders Hutchinson round out the impressive team.
Development Essentials;
· One bedroom apartments from $425,000
o Rental estimates $450 to $490 per week
· Two bedroom apartments with parking from $555,000
o Rental estimates $550 to $650 per week
The apartments feature
2.7m ceilings
Miele & SMEG appliances
Timber boards in living areas
Caesarstone bench-tops
You are welcome to contact us on 07 3848 1088 or email for the following documents for your perusal;
Sample floor plates (plans to come)
Architectural images
Schedule of Finishes
Due for completion around March 2012 Stella represents a great opportunity to purchase a quality apartment now with zero stamp duty for sub-$600,000 apartments.
If you are interested in this project please contact us directly via email or phone on 07 3848 1088 and we would be very pleased to assist.
The project is launching this weekend; you will be able to purchase an apartment as early as Saturday morning 13th November 2010 from 8:00am by appointment with our referral partner Barry Porter.
Kind regards
John McAuliffe
Ryan, Pim & the Green Man
Ryan, Pim & the Green Man
We have just returned from a family business trip to Europe which had a number of family objectives in mind. We must say that due to the late night hours put in by our Young travel agent that the trip was described as ‘brilliant’ by the family. It proves the old adage that ‘plenty of preparation & perspiration produces a perfect performance’. Thank you to that Young travel agent who completed the many & complex details involved.
We commenced in London where Ryan guided us around various Harry Potter film locations & helped to turn those abstract ideas from the books into the concrete.
This could also be said with the family viewing those traditional tourist sites such as Big Ben which we had read about in Peter Pan with Wendy & Mr. Darling.
We visited the palaces such as Windsor & Buckingham & Hampton Court where a common feature was an audio tape describing the history & an insight into the site.
St Paul’s similarly provided the audio to fill out the details. We become comfortable with travel in London quickly with the bus & tube maps very helpful guides.
As Ryan had mentioned other Harry Potter film locations were in Oxford so we checked out the great hall at Christ Church College & the Cloisters at New College. It was here that we meet an old classmate who is now a professor at Oxford University. We discussed why our university & our class were so successful & concluded it was our parents & teachers & professors who had guided & mentored & coached us.
We flew to Ireland where brother Pim had provided a suggested itinerary. After a debate the family agreed on a ‘Never Lost’ or ‘Tom Tom’ or ‘Navman’ would be essential to navigate out of the cities & around the byways of a green Ireland. It would have been extremely stressful & maybe a breaking point if we had attempted our Ireland walkabout with out this guidance tool.
We flew into Amsterdam where Pim took over as our guide. Here we were introduced to the Green man at the pedestrian crossing. We were to move only when he appeared. Otherwise you could be mowed down by cars in one way streets or the Dutch Bike coming from either direction on a separate bikeway. It was noted that one bike stand had allegedly 40,000 bikes & close to zero cyclists wore helmets. What a comparison to over regulated Wonderland. Hence we were able to maximise the moment & the few days there to do the canal trips, study van Goff & train to Zandvoort. We didn’t check out the coffee shops as we were a family group.
Pim was also our guide to Paris. We would not have seen so much if we didn’t have his local knowledge. He attributed his French language skills to a particular teacher of French in his last term of grade 10.
It was during our flight home that we heard that the master coach Robbie Deans had the Wallabies producing a win after 10 consecutive losses to the All Blacks.
We returned to Wonderland where the standard answers to ‘what’s been happening?’ was ‘nothing’. Well we achieved more or maybe what we expected due to our planning & our guides. If it wasn’t for Ryan & Pim & our other mentors & coaches we also would have achieved ‘nothing’.
This week the RBA is punishing the mortgage holders & families are going to be under more financial stress. However the CBA decided that a 0.25% increase wasn’t sufficient & has increased their mortgage rate by nearly double that amount or 0.45%. Of course 6 billion in profits each is good for shareholders.
The Courier mail reports that the battlers on average have $18 left each week after basic costs. It is no surprise to us & iIf you are financially squeeced then our active wealth strategy to reduce debt & Taxx is worth contacting us.
If you imagine & dream that as most of our contempories do that you will want that big trip at 60 then it is cheaper to plan today than procrastinate until tomorrow. If you want to do that trip several times then in the bank account isn’t good enough.
If you want that ‘we saw the Kimberley Outback for $85K – definitely camping with a hint of luxury!!!’ For that active grey lap that Robyn was looking at then saving now is cheaper than a loan in the future.
Welcome to call on 3848 1088 or email us on info@wealthcoach.net.au. We all need guides & coaches to help us achieve our goals. It is no use reinventing the wheel & ‘dentists don’t pull their own teeth’.
The Red Queen used the word dialogue several times in one interview we heard today. She was out of the country & it was for an international audience. She certainly doesn’t do so here as it is all one way.
Let’s have a dialogue over a meal. We promise that you will know more about your financial jigsaw after our meeting & we certainly won’t waste your time. It won’t cost you anything but the effort.
John McAuliffe
We have just returned from a family business trip to Europe which had a number of family objectives in mind. We must say that due to the late night hours put in by our Young travel agent that the trip was described as ‘brilliant’ by the family. It proves the old adage that ‘plenty of preparation & perspiration produces a perfect performance’. Thank you to that Young travel agent who completed the many & complex details involved.
We commenced in London where Ryan guided us around various Harry Potter film locations & helped to turn those abstract ideas from the books into the concrete.
This could also be said with the family viewing those traditional tourist sites such as Big Ben which we had read about in Peter Pan with Wendy & Mr. Darling.
We visited the palaces such as Windsor & Buckingham & Hampton Court where a common feature was an audio tape describing the history & an insight into the site.
St Paul’s similarly provided the audio to fill out the details. We become comfortable with travel in London quickly with the bus & tube maps very helpful guides.
As Ryan had mentioned other Harry Potter film locations were in Oxford so we checked out the great hall at Christ Church College & the Cloisters at New College. It was here that we meet an old classmate who is now a professor at Oxford University. We discussed why our university & our class were so successful & concluded it was our parents & teachers & professors who had guided & mentored & coached us.
We flew to Ireland where brother Pim had provided a suggested itinerary. After a debate the family agreed on a ‘Never Lost’ or ‘Tom Tom’ or ‘Navman’ would be essential to navigate out of the cities & around the byways of a green Ireland. It would have been extremely stressful & maybe a breaking point if we had attempted our Ireland walkabout with out this guidance tool.
We flew into Amsterdam where Pim took over as our guide. Here we were introduced to the Green man at the pedestrian crossing. We were to move only when he appeared. Otherwise you could be mowed down by cars in one way streets or the Dutch Bike coming from either direction on a separate bikeway. It was noted that one bike stand had allegedly 40,000 bikes & close to zero cyclists wore helmets. What a comparison to over regulated Wonderland. Hence we were able to maximise the moment & the few days there to do the canal trips, study van Goff & train to Zandvoort. We didn’t check out the coffee shops as we were a family group.
Pim was also our guide to Paris. We would not have seen so much if we didn’t have his local knowledge. He attributed his French language skills to a particular teacher of French in his last term of grade 10.
It was during our flight home that we heard that the master coach Robbie Deans had the Wallabies producing a win after 10 consecutive losses to the All Blacks.
We returned to Wonderland where the standard answers to ‘what’s been happening?’ was ‘nothing’. Well we achieved more or maybe what we expected due to our planning & our guides. If it wasn’t for Ryan & Pim & our other mentors & coaches we also would have achieved ‘nothing’.
This week the RBA is punishing the mortgage holders & families are going to be under more financial stress. However the CBA decided that a 0.25% increase wasn’t sufficient & has increased their mortgage rate by nearly double that amount or 0.45%. Of course 6 billion in profits each is good for shareholders.
The Courier mail reports that the battlers on average have $18 left each week after basic costs. It is no surprise to us & iIf you are financially squeeced then our active wealth strategy to reduce debt & Taxx is worth contacting us.
If you imagine & dream that as most of our contempories do that you will want that big trip at 60 then it is cheaper to plan today than procrastinate until tomorrow. If you want to do that trip several times then in the bank account isn’t good enough.
If you want that ‘we saw the Kimberley Outback for $85K – definitely camping with a hint of luxury!!!’ For that active grey lap that Robyn was looking at then saving now is cheaper than a loan in the future.
Welcome to call on 3848 1088 or email us on info@wealthcoach.net.au. We all need guides & coaches to help us achieve our goals. It is no use reinventing the wheel & ‘dentists don’t pull their own teeth’.
The Red Queen used the word dialogue several times in one interview we heard today. She was out of the country & it was for an international audience. She certainly doesn’t do so here as it is all one way.
Let’s have a dialogue over a meal. We promise that you will know more about your financial jigsaw after our meeting & we certainly won’t waste your time. It won’t cost you anything but the effort.
John McAuliffe