Quarterly Newsletter October 2016

It has been a busy quarter here at OakWealth. In case you missed it, last week we launched our brand new website as well as our Facebook and Instagram pages. If you haven't checked it out yet, we would love for you to head on over and Like us on Facebook, so you can be the first to see our latest updates and behind the scenes news.

With that out of the way, the focus for these final months before the end of year hits will be planning for our next seminar, which is scheduled to be held in conjunction with our client appreciation Christmas event on 8 December 2016. Please save the date and register your interest in attending here. And if you can't join us, please let us know here so that we can take you off our reminder mailing list.

In the meantime, we have included a few interesting articles in this edition of our newsletter, including one to help make Christmas budgeting easier and one on how you could make your house pay for a family gap year. If you have a self-managed super fund, you may also want to read the short piece on the toughest tasks for self-managed super. Of course, if you have any questions about your SMSF or if you are considering it as an option, please do not hesitate to make an appointment to discuss it with us. Finally, you will also find below our Market Update.

We welcome your feedback and encourage you to discuss with us any questions you may have on the contents of these articles.

Kind regards,

Yihsing Koo and your team at OakWealth

ThreeSixty Research Market Update - October 2016

Highlights:

In September equity and bond markets were dominated by investor concerns around the timing of the next US interest rate hike.
Crude oil prices rose 8% on talks from producer countries of possible cuts to oil production levels.
Chinese economic data continued to show that economic growth is being supported by strong housing construction and government stimulus measures.
The US economy is growing at a modest rate but the rate of employment growth has tapered off in recent months as the economy approaches full employment.
The Eurozone economy is performing in line with expectations but more recently investors have been concerned with the health of some of the banks, particularly in Italy.
Australia’s economy has been benefiting from strong housing construction and growth in the services sector but consumers have become more cautious in recent months.

If you have any questions regarding this report or would like to discuss your portfolio, please contact me directly.

Read full October market update report >>