Market & Portfolio Update - August 2020
Global share markets rose nearly 5% in August as investors continue to digest news about ongoing vaccine developments and look for returns in a low interest rate environment.
Australian shares rose over 3% as the Covid-19 outbreak in Victoria eased. This resulted in another month of overall positive returns for funds, even as some uncertainty remains for the general economic backdrop.
For our Booster clients, the portion of members' global shares investments managed by California-based Fisher Investments added value by outperforming the general return on global share markets. This came largely from Fisher’s allocation to technology companies, such as Apple and sales software provider Salesforce. These both benefited from sales being supported by global customers looking to technology solutions to help them and their businesses through the pandemic.
Financial Planning: Mapping Out Your Financial Goals
When was the last time you sat down and not only set some goals, but mapped out the best way to ensure they are achieved? Goal modelling is more than just financial planning - it’s a roadmap to achieving what truly matters to you. It’s getting answers on what you could be achieving in life, and the best way to get there.
At Lifetime, we go beyond just the numbers to understand your life stages, your aspirations and your personal values.
Lifetime Book Club: Start With Why by Simon Sinek
Welcome to the Lifetime Book Club! This month, we’re exploring an inspiring read for anyone who’s passionate about purpose - Start With Why by Simon Sinek. Whether you’re leading a team, running a business, or just trying to find direction in life, this book is a powerful reminder of the impact of knowing your "why."