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The November E-Newsletter

It's November already!

Summer is almost here and Christmas just round the corner.

November is going to be a busy month at Loomis Financial.  As mentioned in our October E-Newsletter our Seminar is scheduled for this month, November 10.  We have changed venues,  this time it will be at Kempsey Golf Club in the Function Room and will start at 6.00pm.  We look forward to seeing you there. 

In this month's newsletter we have the following articles:
     - Introducing MLC Mortgage Solutions
     - October Market Update
     - MLC In Focus Newsletter

If you have questions about the articles in this newsletter or any other aspect of your investment portfolio please do not hesitate to contact our office on 65622295 and speak to Tim or Deb.

Introducing MLC Mortgage Solutions

MLC Mortgage Solutions is a team of Lending Mangers, giving you access to a range of lending products from a panel of lenders.

Read More »

Market Update October 2010

This month saw a fall in consumer confidence and lower manufacturing indices in the US. This economic data and concerns of deflation led to increased speculation the Federal Reserve (Fed) will inject more liquidity into the economy.

In Europe, sovereign debt concerns resurfaced with ratings agency Moody’s, releasing a fresh round of ratings downgrades to banks in Ireland, Portugal and Spain.

In contrast to Europe and the US, the latest Chinese economic indicators show the economy is still expanding quickly. This is despite a modest easing in the pace of growth in August.

And locally, September was a reasonable month for the Australian sharemarket with key benchmark indices reaching six month highs.

As a long-term investor, it’s important to keep in mind that we can probably expect to see more volatility as global markets work towards a sustained recovery.

To view the full article please click here.

If you’d like to discuss anything in this report please give our office a call on 02 65622295.

In Focus

Welcome to the Spring Edition of MLC's quarterly newsletter.

This edition your will find information on:
     -  Superannuation Contribution Splitting
     -  Tax Alert: New Rules for Employee shares

Please click here to read the full newsletter.

Disclaimer

Disclaimer:
This advice may not be suitable to you because it contains general advice that has not been tailored to your personal circumstances. Please seek personal financial, tax and/or legal advice prior to acting on this information. 
Before acquiring a financial product a person should obtain a Product Disclosure Statement (PDS) relating to that product and consider the contents of the PDS before making a decision about whether to acquire the product.
Past performance is not a reliable guide to future returns as future returns may differ from and be more or less volatile than past returns.
The material contained in this document is based on information received in good faith from sources within the market, and on our understanding of legislation and Government press releases at the date of publication, which are believed to be reliable and accurate.
Opinions constitute our judgement at the time of issue and are subject to change. Neither, the Licensee or any of the National Australia group of companies, nor their employees or directors give any warranty of accuracy, nor accept any responsibility for errors or omissions in this document.