Dear Sir/Madam,


 

Here we are at Christmas again and another year has shot past!  And what a year it was..............hurricanes, floods, wars, a new tax, Government issues and now what appears to be the final (and perhaps most difficult) chapters of the GFC being played out at a Government level in Europe and the US.  There is great uncertainty around the world as everyone watches with eager anticipation to see what final and impacting decisions they will both take to deal with their financial predicaments. We are at a point now where some very tough decisions will have to be made by European leaders and major pressure on them is mounting.  The markets will certainly be very volatile in the short term as they come to grips with what those decisions mean. 
This is a time to be patient and hold your nerve.  Your portfolios are down (as are everyone’s globally) due to irrational fear, not for economic reasons.  Once the need for fear begins to subside the markets will typically recover sharply and quickly.  How long that will take to occur is anyone’s guess!  I am thinking we may have these types of volatile turbulent conditions for 3 or 4 more years.  That does not, however, mean that a total move to cash is prudent. 
 
Please call me to discuss your situation if you have any concerns at all. In the meantime this is a time to get back to basics – family, friends, nature, health.  All the things that really matter in life.  This is really what we should be focussed on at Christmas time anyway.
 
From all your Chrysalis Team we wish you a wonderful and restful Christmas & look forward to seeing what 2012 brings!

Chrysalis Lifestyle Planning

Chrysalis Advice team

Chrysalis Lifestyle Planning

Website: www.chrysalislp.com.au

Hearing voices?

Read time: 1 minutes

As technology takes hold of our lives , beware the consequences....

Express Interest Read Full Article

What about Life Cover?

Read time: 1 minutes

Only one financial topic is less sexy than taxes - and that is death. It is difficult to talk about and that may explain...

Express Interest Read Full Article

Any Questions?

Email the Chrysalis Advice team now.
or call +61 2 9972 2633 between 8.30am – 5.00pm from Mondays to Fridays.

Biz-e-news

Suite 301, 7 Oaks Avenue Dee Why NSW 2099 | P +61 2 9972 2633
Chrysalis Lifestyle Planning | ABN: 22 127 418 982
Australian Financial Services Licence No 318597
© 2019 Chrysalis Lifestyle Planning. All rights reserved.