About Sofcorp Wealth Services
Sofcorp Wealth is a financial planning practice that offers solutions for all your financial needs. We focus on working in partnership with you, to enable you to reach your financial goals and secure your lifestyle.
We understand that each client has many options to consider when it comes to creating and managing their wealth.
To help you navigate through the complex options, we work in partnership with you to offer a disciplined and objective approach to the delivery of advice, based on a thorough understanding of your current and longer term needs and objectives.
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2019 Federal Budget announcement
This year’s Federal Budget is an ‘election budget’ with future tax cuts for all Australians, especially low and middle income earners. Overall, there were minimal changes to super proposed in the Budget, with minor changes to super contributions for older Australians.
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7 technology disruptions happening now: Autumn 2019
Australia looks to be in the later stages of the business cycle, and is not alone here among its developed economy peers. In an environment of potentially slowing growth, we propose that a way forward is to invest in companies which are “share-takers” – companies that can gain market share from technology-enabled advances in their business model, and in changes in consumer behaviour.
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Bullet-proofing your equity income portfolio
It’s obvious, if you’re a retiree you need income. With cash and fixed interest offering low yields, equities are a good place to look for income. On the surface, it may seem easy creating an income portfolio from shares – just select stocks from a list of high dividend yielders. However, setting up an income portfolio is harder than you think.
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