The last few weeks have seen share markets around the world bouncing up and down like a child on a trampoline. In this newsletter, we look at some of the reasons for the volatility in the markets and how you should respond. Should you sell the shares you currently hold? Should you maintain your current position and wait until the markets settle? Are there some good buying opportunities for you? In a related article, we look at some of the different ways of purchasing shares – directly, through managed funds or through Separately Managed Accounts. We outline the characteristics of each of the methods to help you decide which is best for you. The Australian Taxation Office (ATO) has issued a Taxpayer Alert about promoters of overseas self study courses. We identify the problems for you and help you to recognise promotions that are not acceptable to the ATO. There are legitimate claims that you can make for overseas travel and we summarise the ATO view of what is acceptable and how to ensure that your claim is successful. Finally, as always, we review upcoming important dates. If you have questions about any of the articles in this newsletter, please speak to your Bongiorno adviser. With the warm weather approaching now is the time when many people start to think about selling their properties. In our next e-news we will provide some in-depth analysis of the property market. Regards, The Bongiorno team |
Financial Markets
Separately Managed Accounts
Taxpayer Alert – Overseas Self Study Courses
Overseas Work Travel
Upcoming Dates
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