There are a few common answers clients will often respond with when asked the following questions around building / protecting their wealth: Q: What would happen if your house burnt down or someone broke into your home and stole your personal effects? A: “We have home and contents insurance in place” Q: What would happen…
Not all Australians are fully aware of the importance of having a will in estate planning. In fact, research shows that approximately 45% of Australians* die without a will, a situation that is termed as ‘intestate’. The word intestate is derived from the Latin word intestatus meaning a person who passes away without a will….
It seems that there’s no let-up in the debate about the necessity of private health insurance for Australians, no thanks to the yearly increase in premium payments. Starting April 1, 2016 private health insurance premiums increased by a weighted industry average of over 5%. Come to think of it, do Australians really need private health…
The Stonehouse Core Value Portfolio (CVP) rose +0.84% for the month of February. Equity holdings had a solid month with Old Mutual Global Equity1 +3.4%, Northcape Emerging Markets +2.2%, Macquarie True Index +2.2%, IML Equity Income +1.8%, SGH ICE +0.9%, Platinum International +0.9% and LHC Australian High Conviction +0.7%. Download Full Report:
In our busy lives talking about money with our family members may prove to be a daunting and sometimes an emotional subject to bring up, especially around the dinner table. We may think that if we do not disclose our wealth we will encourage hard work, and by putting our chips on the table our…
The Stonehouse Core Value Portfolio (CVP) detracted -0.42% over the first month of 2017 although at time of writing this result has subsequently reversed with February looking quite positive. Equity holdings predominantly detracted from returns. Negative performers included iShares MSCI Japan High Dividend ETF -0.42%, Lansdowne European* -0.3%, Lazard Global Small Caps -3.5%, Northcape Emerging Markets…
Cash Rate Steady Last Tuesday the Reserve Bank of Australia left the official cash rate on hold for the 6th month in a row. Despite Governor Philip Lowe citing a rise in business and consumer confidence and improved global economies, the RBA chose once again to take a wait and see approach. …
The Stonehouse Core Value Portfolio (CVP) had a solid month in December with a return of +1.21%. Equity holdings delivered predominantly positive returns. Strong performers included Allan Gray +6.1%, Lazard Global Small Caps +3.8%, Macquarie Australia True Index +3.3%, the new entrant Old Mutual World Equity* +3.2% and Wingate +3.2%. The Australian Long/Short manager LHC…
