Welcome to the first 2012 edition of Bongiorno E-Link. In this newsletter, we focus on ways of smoothing the path over the rough economic terrain we have been experiencing since the start of the global financial crisis in November 2007.

Encouraged by Australian Government incentives, investment in property has been a popular way of building wealth and reducing tax. Considered one of the more solid investments, many everyday Australians have assembled property portfolios to secure their future. In fact, according to the Australian Taxation Office (ATO), around one in seven Australians owns at least one investment property. In this edition we use a case study to demonstrate the costs and benefits of investing in property.

We also review the concept of Dollar Cost Averaging as a means to achieving your savings goals, while effectively reducing your exposure to market fluctuations.

Finally the ATO allows you to pay your tax liabilities by credit card. It sounds like a great idea, but is it for you? We look at the fine print so you can decide for yourself.

Should you have any questions about the articles in this newsletter, please speak to your Bongiorno adviser.

Regards,

The Bongiorno team