Dear Sir/Madam,


As I write our last communication to you for this year I am reminded that we are less than 1 week from Christmas and 2 weeks from another new year.  Where did this year go?!  Our oldest daughter, Annika, just finished school and is about to get her HSC results and enter the workforce.  Crazy!

Congratulations on a job well done Annika and to all our clients who have children who have just completed their final exams.

In many ways this has been a volatile and challenging year.  It certainly has been for Chrysalis too.

February saw the end of the year of market correction.  Markets then rebounded strongly until August at which point we ran into 2 major global uncertainties - the Brexit vote in September and then the US Presidential Elections in November.  These 2 events polarised the world markets and media and led to some short term opportunistic behaviour.  These are both now behind us but what they mean and their effect is yet to be known.  So we expect further volatility in markets next year as the world comes to terms with these and investors respond accordingly.  We hope that both events shake up the status quo and lead to increased trade and confidence.  Only time will tell though!!

Dr Shane Oliver, AMP Capital Chief Economist summarised this year and next as follows......."Global growth turned out okay &, despite political events, rising bond yields & disappointing Australian growth, the end result has been a constrained but okay year for diversified investors.  2017 is likely to see another year of okay & maybe even slightly higher global growth, higher inflation, higher bond yields after a pause and divergent monetary conditions as the Fed tightens but other countries stay easy. The RBA (in Australia) is likely to cut rates to 1.25%.  Most growth assets, including shares are likely to trend higher, resulting in reasonable returns in 2017".  Interesting how rates are pushing further down in Australia but all our banks are raising theirs!?  I'm not sure that will go down well.

We are cautiously optimistic about positive investment returns for you in 2017 with turbulence intermittently along the way.  We don't anticipate any records will be broken though in an economic environment around the world where interest rates are at zero or even negative in some cases!!  There are economic headwinds now for Australia and Canberra will soon be forced to make some difficult calls on tax and Centrelink payments due to a budget deficit which is blowing out and cannot continue to do so.  Stay tuned for a very interesting Federal Budget in May!

Chrysalis News........

We have plans to recruit another senior back office admin manager early in 2017 and possibly another financial adviser later in the year after Jo returns from maternity leave.

We now have a shiny new website up and running for you!  We think it is super unique in the industry - very visual with several videos to give a good overview of Chrysalis and how we can help.  We also intend on communicating important events in a timely way via our News tab which you can forward on to others via social media if you wish.  We want to keep you well informed of matters that are relevant for you and cut down on the media hype.  Please feel free to direct your friends and colleagues here to check us out.

When office resources permit I hope to be getting on the road a little more often from now on to pay visits to our clients who live at distance and interstate.

I want to thank all of our clients who continue to refer people in to us.  We are so grateful for this support. 

So as you are no doubt well into the frantic last run up to Christmas, your Chrysalis Team wish you and your family safety and every blessing for this Christmas and a mega successful 2017.

 

Chrysalis Lifestyle Planning

Chrysalis Advice team

Chrysalis Lifestyle Planning

Website: www.chrysalislp.com.au

Property - Timing is everything!

Read time: 2 minutes

... when to buy, when to sell ???

Express Interest Read Full Article

Have you set your personal goals for 2017?

Read time: 2 minutes

... setting goals and achieving them will ultimately lead to a better life

Express Interest Read Full Article

Do you want to keep your brain young?

Read time: 2 minutes

... do this twice a week and your brain will thank you

Express Interest Read Full Article

Recipe - BBQ Garlic & Chilli Prawn Skewers

Read time: 2 minutes

... a great easy to prepare and eat BBQ treat

Express Interest Read Full Article

Christmas Cocktails

Read time: 2 minutes

... cheers to a very Merry Christmas!

Express Interest Read Full Article

Joke Time - Ho Ho Ho!

Read time: 2 minutes

... get in the Xmas Spirit with these

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.