Have a barbecue with men and women in their 50s and sooner rather than later you’ll hear at least one talk about a trip ‘just to get away for a while’. If it’s not a trip, it’s a new line of study, or buying a motor bike, or climbing a mountain.
Urges which have been dormant for years surface for air as people reflect on the time they have had … and the time that remains. It’s nuanced, it’s normal and it’s natural.
Yet, doing these things requires two essential components: first, the financial wherewithal to fund the particular dream; and second, adjusting long held habits in order to accommodate the time necessary to pursue it.
One of the most challenging adjustments relates to those who have taken the trouble to look after their superannuation arrangements. Many have nurtured their own self-managed superannuation fund (SMSF) and, hopefully, watched it grow to an ‘appreciable amount’.
A serious question arises for these self-appointed SMSF managers: who can I trust to put in as much care and devotion to growing my portfolio as I have?
There are numerous options but most come with unacceptable side effects. Not least of these is cost – why let high (and often hidden) fees nibble away at hard earned savings? Another is communication – what if I want to get in touch with someone who knows how I think and who will be there when I need them? And, crucially, what if I want to have an informal chat about markets - where they are going and how I might confidently reconfigure my portfolio in light of new circumstances?
Each of these issues – cost, communication and confidence – are always important but never more so than when one plans to be ‘doing other things’ for a while.
Well, Australia’s oldest family-owned investment house – Joseph Palmer & Sons, has a refreshingly intelligent solution to those who want the best of both worlds: the opportunity to seize more time to indulge long-resisted passions, plus dependably safe hands to manage private portfolios, whether inside or outside the ambit of superannuation.
The service is the Palmer Discretionary Account (PDA). It enables investors to access an opportunity that is particularly low cost; personal communication is a high priority (when you ring in, you will never hear ‘Press 1 for this, Press 2 for that’ – instead you talk with your own account manager); third, you have the confidence of knowing you are dealing with a firm that has been in continual business since 1872 – in which time they have gained the virtues of history, experience and foresight.
So, if you have arrived at that phase of life where you want to satisfy the urge to do something different, remember this: there’s a firm of excellent people with an excellent reputation who would be delighted to chat to you and into whose safe hands you can confidently outsource the investments you have worked so hard to build.
Simply phone (NSW) 02-9233-2433 – (VIC) 03-9601-6800 – or email jps@jpalmer.com.au
We would genuinely enjoy an initial, no-obligation chat.
Disclaimer & General Advice Warning
This publication has been prepared by Joseph Palmer & Sons (ABN 29 548 490 818) an Australian Financial Services Licensee (AFSL 247067). Whilst the information contained in this publication has been prepared with all reasonable care from sources, which Joseph Palmer & Sons believes are reliable, no responsibility or liability is accepted by Joseph Palmer & Sons for any errors or omissions or misstatements however caused. Any opinions, forecasts or recommendations reflects the judgment and assumptions of Joseph Palmer & Sons as at the date of publication and may change without notice. Joseph Palmer & Sons, their officers, agents and employees exclude all liability whatsoever, in negligence or otherwise, for any loss or damage relating to this document to the full extent permitted by law. This publication is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. Any securities recommendation contained in this publication is unsolicited general information only. Joseph Palmer & Sons are not aware that any recipient intends to rely on this publication and are not aware of the manner in which a recipient intends to use it. In preparing our information, it is not possible to take into consideration the investment objectives, financial situation or particular needs of any individual recipient. Investors must obtain individual financial advice from their investment advisor to determine whether recommendations contained in this publication are appropriate to their personal investment objectives, financial situation or particular needs before acting on any such recommendations.