Dear Sir/Madam,


Welcome to the Summer and Christmas edition of your Chrysalis Newsletter for 2012.

I would like to start by thanking you for being part of the Chrysalis family.  It is a special privilege to come to work each day and serve people you really like!  We value you your loyalty, many referrals and continued support greatly.

We are growing!  Marcia Li has recently joined the Chrysalis team in the role of ‘Client Services – Front Office’.  Marcia will be the first person you will typically meet or speak to in your dealing with us.  She has completed a Bachelor of Commerce and wants to progress a career in the financial planning industry.  Feel free to check out her bio on our website.  Marcia brings our staff contingent to 8.

Other team news……Jo has returned to the office after taking 8 months maternity leave this year (he says with a sigh of relief)!  Jo has recently completed her Advanced Diploma of Financial Services and will be commencing her new role in Chrysalis from January as Associate Adviser.  We know she will shine in this capacity.  Justine, our paraplanner, has just had her fourth baby!  She took a couple of weeks off and is now back on the job!  Amazing lady.  She will be involved with clients more directly from 2013.  Justine and I have been working together in this industry since 1995!

We encourage you to check out your Chrysalis website.  There are photos and updates of what’s happening with Chrysalis there (Chrysalis News) and we are also posting timely info regarding markets and world events there to keep you informed (Latest News).  We would welcome your feedback of how we can make this site even more valuable for you.  The Chrysalis website can be found here.

In terms of markets we anticipate that returns in 2013 will be similar to this year – elusive to find.  This is not a market where a rising tide lifts all ships!  This is a market where you will see large divergence in returns based upon the skill and success of the underlying fund managers.  Government bonds are nearing the end of their cycle and a Government Bond ‘Bubble’ is now widely considered to be in place.  As a result the relevant part of your portfolio is being shifted away by the bond managers from this asset class towards more stable parts of fixed interest such as cash and corporate bonds.  Shares are likely to moderate in their returns both here and overseas.  Cash/Term Deposits are becoming questionable as a viable investment vehicle (other than for preservation of capital) as interest rates are falling.  This signals weakness in the wider economy albeit ours is stronger than pretty much any other western economy.  We have heard about the mining boom possibly nearing the end of its run and Asia slowing its growth.  There is a ‘fiscal cliff’ to face on January 1, 2013 which many believe will be as impactful as the Y2K fears!  They will, however, be needing to take decisive steps to repay the enormous debt.  The Euro region has so far held 32 ‘urgent’ summits and still can’t work out the solution to unification and finally we have Australian elections which will be very interesting.  So another year of fun and games before us. 

Banks are for the most part restructured and recapitalised and governments are making the necessary and tough decisions so we are heading down a positive path overall.  It is now a time to move the focus away from the rear vision mirror and try to set a careful course by looking out the front windscreen.

We wish you and your families a wonderful, restful and memorable time together this Christmas and we look forward to speaking and meeting with you in 2013 as we navigate these continued turbulent times together with you.

 

 

Chrysalis Lifestyle Planning

Chrysalis Advice team

Chrysalis Lifestyle Planning

Website: www.chrysalislp.com.au

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Any Questions?

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

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