Subscribe to the Korff Wealth Quarterly Newsletter
Written by the Korff Wealth team, the quarterly newsletter reflects on the past 3 months and offers insights into the market and financial planning.
Understand your biases to make better decisions
Traditional economic theory assumes that when making decisions people act rationally to maximise their benefit. However, behavioural economics challenges this notion by demonstrating that human decision-making is frequently irrational and influenced by a variety of cognitive, social, and emotional factors [...]
Do your homework on investments to reduce risk
Direct ownership of an investment whether real estate, shares or fixed income assets is appealing for many investors. It cuts out managers and advisers and gives the investor a greater feeling of responsibility over their assets and potential earnings. This [...]
Small business owners risking a bleak retirement
Australians have amassed almost $3.5 trillion in Superannuation savings. This represents one of the largest retirement pools in the OECD. Quite an incredible achievement. However, those retirement savings are by no means distributed equally. Small business owners are one group [...]
Downsizing to boost your retirement
Together with Super, your home is one the most tax effective investments you can make. While the property market has softened somewhat as interest rates have risen, if you have been lucky enough to own your own home [...]
Is the fixed rate on your home loan ending soon?
When your fixed rate expires, your loan will most likely revert to your lender’s standard variable rate, which is often much higher than competitive rates in the market. To avoid stress when your fixed rate expires, here are [...]
Korff Wealth’s Top Tips for Reducing Mortgage Stress
Korff Wealth’s Top Tips for Reducing Mortgage Stress With interest rates on the move, do you still have a competitive home loan rate? Your current lender will not tell you if a competitor has a better rate! As mortgage [...]
The Value of Choosing the Right Financial Advisor
The Value of Choosing the Right Financial Advisor Lawyers have a saying: “A lawyer who advises himself, has a fool for a client”. Lawyers recognise that no matter how smart they are, they cannot effectively separate themselves from the [...]
Why it pays to be an optimist
The team at Korff Wealth would like to wish our clients, families and friends a happy, healthy and prosperous 2023! Last year was certainly a challenging year for many reasons. As investors, we saw almost 20% wiped off global [...]
The silver lining in higher rates
With the Cash Rate jumping 2.5% since April, owners of assets are certainly starting to feel the pain in their balance sheets as valuations adjust. Those using leverage (debt) are also feeling it in their cashflows, [...]