At the peak of our careers, we’re often focused on buying luxury homes, expensive cars and planning island getaways. Its important to have a contingency plan for protection for your family. We rarely stop to think what will happen to our families if the primary income stops suddenly.
Today I want to talk about Home Bias in the form of domestic investment. Whilst it seems unrelated, it is my “short” drive to the neighbouring suburb for lunch that generated this topic.
Historically, Family Trusts originated in England hundreds of years ago. The original purpose was to avoid feudal dues payable on land transactions. A landowner would give a piece of land to a friend to “hold on in trust” for his descendants. This arrangement avoided paying dues as the land passed from one generation to the […]
I once saw a billboard advertisement about a decade ago which may have been for the Australian Financial Review. It read something like “If you think working is hard, try not working.” It may not have been about early retirement, but it has stuck with me through the years, mainly because there are few ways […]