July 2020 Update – P3 Financial Planning
Hi all and welcome to what should be an eye-opening new Financial year. We trust that everyone is staying safe as our economy (and most states) try to enter a new normal of further easing of restrictions. As per the last number of months we wanted to just provide a bit of an update, and some good news as we wrap up a financial year (and last 4 months) that, I am sure all of us will not soon forget. This update will serve as a quick specific look back at some of the investment purchases that we undertook in April and May as well as provide some information from Macquarie and Perpetual, two groups that we have long associations with. In addition, we have included some thoughts from a Commodity (Gold) presentation from last week by 2 of Australia’s mid-tier gold producers.
Macquarie – The Financial Year that was – Equities rallied to new highs by early January…As far as financial markets were concerned, FY20 was “one for the ages”. Read more