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Millionaire status is typically seen as the benchmark to consider yourself ‘rich’. However, there is much research to suggest that past a certain level of income, more money will not make you happier. A study by Purdue University found that once people have an income of US$95,000, having more money... Read More →

When reading or hearing all the noise in the media around the levels of the stock market it can be very tempting to try and guess when is the right time to dip in or dip out. But evidence shows that it is extremely unlikely that an investor can time... Read More →

Financial planning should be about making your life plan a reality. At Pyrmont Wealth Management our job as Life-Centred Financial Planners is to begin our process with understanding your life plan. We start by asking you about your family, your work, your home, your goals, and the things that you value the most. Our job ultmately is to build a financial plan that will help you make your life plan a reality.

A good financial plan will show us how the choices we make today will impact our lives in the future. “Life is about making plans from which you deviate, almost always. If you are lucky, you do come up with a plan” (Kenneth Branagh). The plan is what we at Pyrmont Wealth Management are here to help you with.

I cannot deny that some people have been lucky and have had success from making the right bets at the right time. Of course, the process of doing that and it working out can be exciting. But is it a sustainable strategy? Is it possible to do it consistently? Is there a better way?

When Ginger Rogers was asked how she felt about being paid less then her partner Fred Astaire, she supposedly quipped that Fred was a great dancer, but her role had been to dance not only as well as him but to do so backwards and in high heels. Her point about inequality was made with humour which is why it sticks in the mind.

One of the great advantages for a financial advisor in the preparation and discussion of long term saving is when a client grasps the pension nettle early on. With sufficient time, an adviser can draw up the kind of strategic plan that will not only deliver on its retirement income promise but also provide the client

Some people think that financial advice is like legal advice. You only need to seek it when you have a problem. But seeking good financial advice from a trusted company of financial advisors can be an effective way to avoid ever running into a financial problem in the first place.