This week we bring special guest John Beatty from Bennett Partners in to give us insights on how we can manage our capital gains during tax season to maximize the outcome. Joel brings a much anticipated response to this week’s record stock market sell off and what our prediction for the future is.
This Week’s Investor Exchange Round Table Covered:
- Crash or Trash: In the past five days, we have seen the US stock market fall by almost 10%. Fear has spread across headlines in this time as many speculators have reignited fears of a market crash. Joel gives us an insight of historical events similar to this one and weighs the possibility of a bear market.
- Capital Gains: Tax represents the biggest expenditure in majority of households within Australia. Investors in property and stock markets can reduce this expenditure by understanding what to claim, how to claim and also the best time to buy, sell and hold. John Beatty, a highly qualified tax accountant from Bennett Partners provides valuable advice on best practices when it comes to managing your capital gains.
- Apartment Supply: Brett has undergone some research lately on apartment value, supply and demand in Sydney, Melbourne and Brisbane. Forecasts show that by 2020 there will be an apartment shortage as population increases outpaces dwelling supply. What does this mean for the future? Stay tune to find out.
You Cannot Be Serious
The University of Nevada have done a study that has basically said that people with more expensive car feel a sense of superiority over other road users. For every $1000 a car cost their likelihood of stopping for a pedestrian decreased by 3%.
Virginia has now repealed their law on swearing in public. Citizens will no longer be subjected to paying a $250 fine for “profane swearing” which has been around since 1792.