Paul Clitheroe

3 days ago | moneymag.com.au | Paul Clitheroe

Paul, I would like to ask you about the best option for my superannuation strategy due to the US tariffs and the ASX shares losing so much in recent weeks. I am 55 years old, and my balance is now $393,000; it was $420,000 three weeks ago.  Should I change into a cash option or more property rather than international and Australian shares ASAP? I don't want to lose more in my super due to this sudden market downturn globally. Are we heading to another global financial crisis in the next two years?

1 week ago | moneymag.com.au | Paul Clitheroe

Dear Paul,I'm 35 and work in an industry that is relatively unstable and inconsistent. I've recently been divorced and decided to settle on an off-the-plan inner-city apartment despite only having one income now.  My loan is $900,000 and the repayments are large at $6000 a month. I'm really burnt out and worried that my capacity to service this loan is in jeopardy. I have no family to draw on for financial help.

2 weeks ago | moneymag.com.au | Paul Clitheroe

Dear Paul,I'm 71 and getting closer to retirement. Budgeting has become more of a focus and I am more aware of expenditures. As a family, we've been donating to many great prominent causes. We continue to donate to five worthy causes where those donations are tax deductible. We also purchase tickets in three charities where multimillion-dollar properties, expensive vehicles or gold bullion packages are the prize. We receive multitudes of additional mail from other charities seeking donations.

3 weeks ago | moneymag.com.au | Paul Clitheroe

Dear Paul,My husband and I have two children. Our daughter and her husband have given us two grandchildren, while our son and his wife do not have children and are unlikely to do so. We want to support our grandchildren in our will. How do we do this in a way that is fair and equal for everybody? Do we leave less to my daughter because her children will inherit some of her share? - MelindaOh, goodness, we are about to step into a minefield, Melinda.

1 month ago | moneymag.com.au | Paul Clitheroe

Dear Paul,I'm 37 and am the main household income earner (close to $100,000pa gross) and my wife, 32, has a net income of about $35,000pa. I have been salary sacrificing 10% of my income over the past 10 years, and my super is in a tax-deferred fund with about $210,000. I've contributed and invested consistently over these years in my share portfolio, which currently sits at $140,000, with an average return of 21% since inception (eight years).