BMG Financial Planning and Accounting Albury Wodonga

November 2017

Revisiting super | Trauma insurance | Warren Buffett | Cryptocurrency | Philanthropy

In this month’s newsletter, we start by revisiting several of the key benefits that continue to make superannuation such a powerful investment structure for wealth accumulators and retirees alike. In our animation, we take an in-depth look into one of the four main types of personal insurance – Trauma insurance. Over the last few decades Warren Buffett has delivered many insightful quotes on investing, risk management and philanthropy; we discuss their meaning in relation to your personal finances. Cryptocurrency, Bitcoin and blockchain? We provide you with helpful information on what they are. Lastly, we leave you with a video that takes a funny look at one man’s slightly misguided ‘philanthropic’ endeavour via a well-known social media platform – this is why it’s vital to have an appropriate and planned approach to philanthropy.

Superannuation: Revisiting the basics

Given the continual changes, it can be easy to see why some wealth accumulators and retirees have become frustrated with super; however, it’s important to remember the key benefits that continue to make it such a powerful investment structure. In this article, we discuss several of these.

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Trauma insurance

Trauma (or critical illness) insurance is one of the four main types of personal insurances, the others being Life, Income Protection and Total and Permanent Disability. In this animation, we demonstrate several of the main points regarding Trauma insurance.

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Enlightening Warren Buffett quotes

Warren Buffett, known as the ‘Oracle of Omaha’, is arguably one of the most successful investors of all time. In this article, we take a look at some of his most famous quotes and apply the meaning behind them to certain areas of your personal finances, such as investing, risk management and philanthropy.

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Cryptocurrency, Bitcoin and blockchain

How we pay for goods and services has significantly changed over time. The most notable was the move away from a barter system to what we now know as the currency system. Recently there has been talk regarding cryptocurrency, Bitcoin and blockchain. In this article, we explain what they are.

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Facebook Philanthropy

Philanthropy can come in many shapes and sizes, both financial and non-financial. An appropriate and planned approach to philanthropy can be a truly rewarding experience and make a real difference to those in need. In this video, we take a funny look at a slightly misguided ‘philanthropic’ endeavour.

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