3 Real Ways To Make More Money In 2022 (In 10 Days)

By Michelle Baltazar 

If one of your new year’s resolutions for 2022 is to sort out your finances, you’re not alone. The Coronavirus pandemic brought on drastic changes in our ability to maintain a secure job, earn extra income and start (or keep) a new business.

But there are ways you can make 2022 a better year by following these two simple steps – in 10 days. The best thing to do is to spread the tasks over several weekends.

Tip #1 Start a weekly savings budget. Time required: Two-three days

Technically, you can prepare this budget in a couple of hours or less, but to avoid the anxiety, allocate a weekend or two. There is also a difference between an expense budget (how much you spend) versus a savings budget (how much you save).

Most people know they have to set aside a certain amount off their wages for bills and other expenses but not many put together a weekly savings budget – and that’s a big difference.

I’m not saying this is going to be easy but it’s absolutely worth the effort. There are many budgeting spreadsheets available on the internet but I recommend this one from the government as it means you’re not giving away your financial info to a third-party service provider (unless you don’t mind this!).

Step one: Go to Budget Planner and work out your expense budget as indicated in their spreadsheet. It’s alright if you can’t fill the spreadsheet completely. If you can at least cover your major expenses, then you’re already a step ahead of most people.

Step two: Once you’ve filled in the spreadsheet, you’ll know how much money you have remaining. From this amount, you can work out your weekly savings budget.

Step three: Hey, if this is all too hard, to begin with, nominate a savings amount and stick with it for the year. Even a small amount, say $50 a week, works out to be at least $2,000 for the year.

Tip #2. Check your superannuation. Time required: One-two days

Again, you don’t need two days to do this, especially if you’ve already downloaded your superannuation app. But if you’re scratching your head and wondering what ‘superannuation’ even means, your future self will thank you if you swap an hour of a Netflix episode with an hour of googling the term.

Here’s a link to a government website to know more: How Super Works

The actual tip here is that by the end of this exercise, you should be able to answer two important questions:

What is the name of your superannuation fund?

What is your superannuation account balance?

If you can answer both of those questions easily, well done! You’d be surprised how many people don’t know these very basic details about their super.

Tip #3 Subscribe to Money Magazine for their twice-a-week free newsletters. Time required: Less than five minutes

Full disclosure: I am the editor-in-chief of this magazine so, of course, I’ll recommend that you subscribe to it but I can’t tell you how many hundreds, even thousands, of dollars I have saved simply from reading tips from the finance experts we feature over the course of the year.

You can also choose to subscribe to any other finance newsletters or websites. It doesn’t matter as long as you do subscribe to at least one finance-related resource in 2022. Financial literacy can do wonders for your wallet.

The main thing though is that you don’t invest nor give your money to finance schemes that sound too good to be true. If they are offering you unrealistic returns, it’s most likely a scam.

There you have it – three tips to kick off your financial journey in 2022. There’s so much more than you can do but I believe in the power of three when it comes to completing tasks, big or small. By ticking these three goals first, you’re more likely to gain confidence in your financial acuity.

Source: The Australian Filipina

Photo by Karolina Grabowska from Pexels

Revealed: THIS decade Produced The Best Looking Cars

A new study from Confused.com (Q4, 2021) has revealed that the 2010s produced the most beautiful cars, according to Fibonacci’s Golden Ratio – a mathematical symmetry ratio that influences perceived attractiveness. The golden ratio – which analyses the height and width dimensions of the ‘face on’ view of the car, was used to determine the scientific beauty of over 370 cars. Confused.com can now reveal all!

The results:


Decade’s average % match to the golden ratio

Most statistically beautiful car from the decade

Car’s percentage match to the golden ratio



McLaren 720s 4.0 V8




Lamborghini Gallardo Coupe




Mercedes-Benz C111 – 11 D




Ferrari F355 GTS




McLaren GT




Bizzarrini 5300 GT Strada




Lamborghini Jalpa P350




Chrysler Plymouth Fury (KP31)




Ferrari 166 MM Zagato Panoramica


2010s produced the most statistically beautiful cars

Confused.com can reveal that the 2010s is the decade which produced the most statistically beautiful vehicles. Cars released in this decade averaged an incredible 90.18% match to the golden ratio. Of the cars released during this decade, the 2017 McLaren 720s 4.0 V8 is the most attractive. With an almost perfect 99.73% match to the golden ratio, it’s also making the most stunning of all cars analysed. The decade’s high average is also down to the 2017 McLaren 570s Coupe (99.24% match) and the 2012 Lamborghini Gallardo LP560-4 Coupe (99.20% match). These beautiful models finished second and third in the decade, respectively.

The 2000s comes in second place, with releases in this decade averaging an 87.83% match to the golden ratio. The 2003 Lamborghini Gallardo Coupe can be thanked for assisting with this high average, due to its 99.20% match to the golden ratio. The second best from this decade is the 2000 Ferrari 360 Modena Challenge Stradale F1 (99.07% match), followed by the 2008 Aston Martin One -77 in third (98.85% match). When it comes to the 17 Aston Martins analysed, the One -77 is the most beautiful, beating iconic models such as the 1963 Aston Martin DB5 (76.96% match).

It was the 1970s which produced the third most statistically beautiful cars, with an 85.37% match to golden ratio for the decade on average. Confused.com discovered that the 1970 Mercedes-Benz C111 – 11 D is the most mathematically stunning car released, with a 99.33% match to the golden ratio. This places the Mercedes as the third most beautiful car overall, and the oldest car to make it into the top 10.

In fourth place is the 1990s, with car releases averaging an 84.94% match to the golden ratio. With a 99.20% match, the 1994 Ferrari F355 GTS is the most stunning car to come out of the 90s, and the second most beautiful car overall. This is followed by the 1996 Lotus Esprit V8 32V Turbo as the second-best car of the decade (98.96% match), and the 1994 McLaren F1 in third (98.67% match). The F1 is also the second-best of all McLarens analysed.

40s and 50s: the least beautiful decades for cars

With a 74.48% match to the golden ratio on average for the decade, it’s the 1940s that produced the least statistically beautiful cars. The 1949 Ferrari 166 MM Zagato Panoramica came out as the most stunning, with an 88.27% match to the golden ratio. However, despite being the most statistically beautiful of the decade, the Ferrari falls short in the overall rankings. It places just 112 out of the 372 cars analysed, and 22 out of the 29 Ferrari models considered for the research.

The 1950s produced the second least statistically beautiful cars, with a 76.34% match to the golden ratio on average. With a percentage difference of 95.30%, the best car to come out of the 50s was the 1957 Chrysler Plymouth Fury (KP31). Of the five Chryslers analysed in the study, the Plymouth Fury takes first place. This beats younger models such as the 1997 Plymouth Prowler (92.11% match) by 3.19%, and the 1970 Plymouth Superbird (89.27% match) by 6.03%.

Alex Kindred, Car Insurance expert at Confused.com, comments:

“Although car design and technology have evolved throughout the decades, many classics from the 70s and the earlier years are clearly still popular today, with enthusiasts desperate to get their hands on them.

If you’re fortunate enough to own one of these classic beauties, keeping it secure should be a priority, as many classic cars don’t have the security systems more modern cars do. And it doesn’t have to be pricey. If you have a garage, keeping it stored away overnight might be a safer option than leaving it on the driveway.  Or you can invest in security devices, such as a steering wheel lock or a GPS tracker, which both help in keeping your car more secure. Our guide to car security highlights some of the most effective ways to keep your pride and joy safe.”

Please Note

  1. Confused.com sought to determine the most scientifically beautiful car from each decade according to the golden ratio (a mathematical symmetry ratio that influences perceived attractiveness) of the front view of the car.
  2. A list of a maximum of 50 iconic cars of each decade from the 1940s to 2020s was obtained from reputable sources using in-house metrics. Please access the full list of sources in this Google document.
  3. The width and height dimensions of each vehicle within the dataset was extracted from each vehicle’s manufacturer’s official website. Any model specifications not found on the sites were alternatively sourced from one of the following sources: Conceptcarz.com; carfolio.com; autoevolution.com;  auto-data.net/en/supercars.netfastestlaps.com/dimensions.com ; allcarindex.com ; carsopedia.comcarsguide.com.au ; automobiledimension.comev-database.uk. Cars with no data available were omitted from the study.
  4. Following the collection of data, the ratio of width to height was used to calculate the difference against the golden ratio dimensions (1.61803398875). In total, 372 cars were analysed.
  5. Subsequently, percentages were calculated to express the difference from each car to the golden ratio.
  6. All vehicles were ranked in ascending order, deeming the most beautiful cars as the ones closest to the golden ratio proportions; therefore, determining the most statistically beautiful cars from each decade.
  7. All data was collated in November 2021 and is subject to change.

Source: https://www.confused.com/car-insurance  

Photo by Broderick Armbrister from Pexels


Meet The Entrepreneur Behind The Cover Of The January 2022 Issue Of MoneyCentral Magazine: Scott Hughes

Download Now

A veteran entrepreneur, Scott Hughes is the founder of OnlineBookClub.org. He is also a highly sought-after author of four books; Justice: A Novella, 10 Step Plan to Promote Your Book, Achieve Your Dreams, and The Banned Book about Love. He recently announced that he finally finished the first draft of his next book “#InItTogether: The Beautiful Struggle Uniting Us All.”

Born and raised in Manchester, Connecticut, from 2006-2014, he worked at various modest jobs on the side, including being a server and bartender at various local restaurants. In late 2014, Scott eventually decided to give up his side jobs and focus working full-time on just one thing – OnlineBookClub.org. OnlineBookClub.org is a bibliophile’s heaven and one of the best websites around for booklovers. It has it all; free books, daily contests, book discussions, and so much more. OnlineBookClub.org will even pay people to read and review books plus; it’s free to use, hence why it grew at such a rapid pace.

Since 2014, OnlineBookClub grew from strength to strength, and, as of November 2021, OnlineBookClub has garnered over 2.7 million registered members. Its development team recently released an OnlineBookClub e-reading app which is supposedly meant to compete with Amazon Kindle, called OBC Reader – it’s now available on both the Google Play Store and the Apple Store.

MoneyCentral magazine recently caught up with Scott to discuss his journey as an entrepreneur, and here’s what went down:

What are you currently doing to maintain/grow your business?

Fundamentally, I grow the business exponentially with a simple formula: I delegate whatever and as much as I can, hiring new people as needed. Then I take the time of mine that’s been free to do extra work or new projects that I wouldn’t have had time for otherwise. I also push that pattern down the chain as much as possible so that the other people I have working for me delegate what they can to others, especially new hires, freeing up themselves to take on more work.

Essentially, when I hired my first full-time assistant, it doubled the output. Then I eventually hired two more people, one for me to delegate to and one for my assistant.

For me, it comes down to crucial ingredients: Delegation and leveraging the power of exponents and exponential growth.

What social media platforms do you usually use to increase your brand’s awareness?

My Social Media Director, Beth Jackson, leads our social media team. To be properly active on multiple social media platforms requires an entire team of people. Off the top of my head, we currently primarily use Facebook, Twitter, Instagram, Pinterest, YouTube, Reddit, LinkedIn, Minds.com, and MeWe.

What is your experience with paid advertising, like PPC or sponsored content campaigns? Does it work?

It depends on what you are advertising. PPC on search engines like Google can provide highly targeted leads at almost unlimited volume, fairly easily. But it only works if you have a way to monetize those targeted leads in a way that exceeds the cost of obtaining them at volume. For instance, I don’t feel that it’s a good strategy for advertising a single $3 book because the profit per book sale will not be enough to cover the cost of obtaining an initial lead and a $3 sale from the ads.

If the cost of your product or service is high enough and converts well enough with targeted leads, it can work. But another factor is whether you are using those leads to create long-term relationships. So, for instance, it could work great for a subscription service, such as one of those weekly subscription boxes for prepared food in the mail.

What is your main tactic when it comes to making more people aware of your brand and engaging your customers? How did your business stand out?

My main tactic is making the best product I can or in other words, ensuring customer satisfaction. I follow this motto: Great advertising only makes a bad product fail faster. And, in a competitive commercial setting, anything less than great or amazing is a bad product. In a competitive commercial setting, merely good is not good enough.

What form of marketing has worked well for your business throughout the years?

Viral marketing is the only thing that has ever really worked for me. You make a great product or service, and then as needed, find a way to encourage your customers or users to spread the word. The more important part is the former, and depending on the business and product the latter may do itself.

What is the toughest decision you had to make in the last few months?

Personally speaking, my wife and I chose to get divorced in early August. That’s not really business-related, but it definitely comes to mind when you mention tough decisions.

But it speaks to this point: business decisions aren’t really ever tough for me. It’s the common cliché from movies and such that someone says usually before doing something seemingly mean “It’s not personal; it’s business.” Business is often just math. Which one makes more money? Which one costs less? Which one takes less time? What’s the bottom line?

What mistakes have you made along the way that others can learn from (or something you’d do differently)?

When I first went full-time working on my business without any side jobs to pay my rent and put food on the table, I was working 70-80 hours a week. My profit—meaning what I paid myself—the first year doing that was $20,000. I worked 70-80 hours because I had to keep the business from going under and pay my rent and bills. I was scraping by the pennies some weeks—literally; I remember taking my jar of coins to the Coinstar machine on the 10th of the month because rent was due and I literally would have been short unable to pay it without cashing in the $5-$10 in coins I had.

I prefer the term learning experience to mistake, but what I would have done differently if I knew what I knew now is this: Once I got in that habit of working 70-80 hours a week, I kept going for years beyond what I had to. The company and business became very successful, I became very successful financially and professionally. About a year or two ago, I started cutting back and working a lot less per week. I could have afforded to do that much sooner.

And giving myself more free time personally made me more creative and thoughtful, so I think it’s actually been helping the company and business grow even more, ironically.

Sometimes the best ideas for the company come to me while I’m sitting in my hot tub looking up at the moon and stars.

What new business would you love to start?

I would love to start some kind of business that helps people achieve their goals and dreams, particularly in a way that focuses on self-discipline. For me, I use the term self-disciple interchangeably with the term spiritual freedom.

If you could go back in a time machine to the time when you were just getting started, what would you do differently?

I got started young. I created OnlineBookClub.org when I was still a teenager.

In one way, I made a ton of mistakes both professionally and personally. My values and priorities now as a 35-year-old man are so different. This 35-year-old Scott speaking to you now would do things much differently than teenager-Scott, but he did what was right for him. If he had done anything differently, the man speaking to you now wouldn’t exist. So I wouldn’t change anything. It’s the Butterfly Effect. I believe in the principle of Amor Fati, meaning love your fate, which in this context means seeing the past as being perfect just as it is. I wouldn’t change a thing about it. Another way of saying the same is to say accept what you cannot change. I believe strongly in that, and the past is something I cannot change, so I believe in wholly accepting it and embracing it with inner peace, seeing it as perfect.

What is the best advice you have ever been given?

I wasn’t given it personally, but my best advice comes from Ram Dass, as paraphrased by Mike Posner, and it’s only three words: “Just Love Everything.”

I have that tattooed on my right forearm, where I can see it every day.

What advice would you give to a newbie Entrepreneur setting up their first business?

You have to be driven by something other than money. In my anecdotal experience and just from watching the world around me, I’ve found that those who desperately chase money are the least likely to find it. In contrast, when you work hard on yourself and your real dreams, the money chases you. Money and even health and physical fitness are only really ever a means, not an end in themselves. Without some kind of vision or passion to be the real end, the real goal, the real dream, it’s like driving a car with no gas.

When someone overvalues money itself, that person often tends to end up getting paid to work on someone else’s dream in exchange for money.

Are Property Investors Ignoring The Real Cost Of Real Estate??

  • Buying and selling fees, ongoing management charges, tax and tenancy uncertainty can erode any potential profits on property investment.

  • Falling gross rental yield rates and rising housing prices can make it harder to find reliable returns.

  • AltX provides access to the attractive property market without some of the risks and expenses that come with direct investment.

Drawn to potential gains in a surging market, Australians continue to invest in real estate. But is there a better way to get in on the boom without costs and fees chipping away at your yield?

 According to the most recent Australian Bureau of Statistics data, property represents 51% of household wealth in Australia. And it doesn’t look like that percentage is going to be going down anytime soon. In June, ABS figures revealed quarterly growth in household wealth of 5.8%. And the increase was once again driven by residential property. The asset class grew by 6.7% in the period – the largest quarterly jump on record.

It’s clear Australians have retained their strong appetite for investing in property and are hungry for more opportunities. But is being a landlord all it’s cracked up to be – especially as residential prices continue to rise?

It all adds up

It’s one thing to outbid (or out-negotiate) the competition for your new investment property. It’s another factor in all the other initial and ongoing costs associated with real estate investing, all of which can dent potential returns in both the short- and long term. They include:

  • Buying and selling costs including stamp duty, conveyancing fees, agent fees, and inspections, not to mention the time involved in research, due diligence, finance, and settlement.
  • Ongoing fees such as property management services (which can generally eat up 7-10% of weekly rent income plus GST[1]), maintenance and repairs, strata fees, and landlord insurance (about $1200 a year for a property worth $1million[2]).
  • Capital gains tax on rental income from positively geared investments, as well as on the eventual profit when you sell.

And there’s also the potential unreliability of tenants, which can become an even bigger concern as you grow your investment property portfolio. On the one hand, more dwellings mean a greater number of potential income streams. On the other, each carries its own risk of vacancy and no- or low-rent periods, as we saw during COVID-19 support measures.

As vacancy rates rise and fall, so, too, can your return, bringing an extra element of unpredictability.

Prices up, yield down

Several other factors are making it harder for investors to find yield in the rental market.

In September 2021, the gross rental yield dropped to 3.32% – the lowest ever – with Melbourne (2.8%) and Sydney (2.5%) recording the lowest figures. COVID border closures and migration restrictions most likely played a role in this drop – highlighting one of the risks of traditional property investment.

Months of rising housing prices also make it harder to find consistent yield due to the inverse relationship between the two factors. Combining low yield with the aforementioned costs of real estate investment, and you can see why many potential investors are frustrated.

Taking some of the worries out of real estate

Alternative investing options like AltX give you a chance to get involved in the upward-moving Australian property market – without exposing yourself to as many of the costs and variables that can cause your yield to yo-yo.

By investing in the private real estate debt used to fund Australian real estate projects, property is still a part of your portfolio as the underlying security – without the burden of owning it yourself. Your regular monthly payments come in the form of interest, rather than rent, which means less worry about vacancy rates or unreliable tenants. And with an average deal timeframe of 12 to 18 months and no exit costs, you’ll have more flexibility in where and how you allocate your capital.

It’s an exciting time to get involved in the soaring Australian property market. And the alternative investment options from AltX might be the key to avoiding some of the traditional costs associated with doing so.

About AltX

AltX (www.altx.com.au) is a market-leading alternative investment platform. Founded in 2012 and headquartered in Sydney, AltX provides bespoke access to alternative income-generating products which have traditionally been inaccessible to individual investors.  AltX has funded in excess of $2bn of transactions since inception with zero loss of investor capital.

Photo by RODNAE Productions from Pexels

This article was sourced from a media release sent by Medianet

Will The Omicron Strain Impact Property Trends??

Pete Wargent, the co-founder of BuyersBuyers, Australia’s first national network of property buyer’s agents, says the Omicron strain of the coronavirus will have a negligible impact on the trajectory of the housing market.

Mr Wargent said, “to a certain extent, the last couple of years should have reminded us that making predictions is very hard, especially when they are about pandemics or the future. But, that said, there’s little to indicate that the latest strain of the virus will have any meaningful impact on housing market trends.”

“After an initial wobble, stock markets have been resurgent, and financial markets have been largely unperturbed, which is likely to be a better indicator than the latest alarmist headline.”

“Financial markets are possibly factoring in the various news about the lack of serious cases of the latest strain to date, with many reporting mild symptoms. However, case numbers seem to be increasing rapidly, which could delay the full reopening of the international borders into 2022”.

“Moreover, a look back at how the housing market fared through the past two years suggests that there are more crucial factors at play than the latest strain of the virus, such as the cost of mortgage debt and the supply of properties being made available for sale” Mr Wargent said.

Cooling naturally

BuyersBuyers co-founder Doron Peleg said that a cooling of the housing market was inevitable in 2022 after a storming year in 2021. Still, the latest virus strain wasn’t a key factor in his forecasts.

Mr Peleg said, “a range of factors combined will help to take the heat out of the housing market in 2022, such as gradually rising mortgage rates, more vendors looking to lock in gains, and more cautious buyers as affordability bites following the strong price gains of 2021”.

“The rate of immigration has not been a key factor in driving the market over the past couple of years, with the notable exception of CBD and some inner-city apartments, where the absence of international students has been felt particularly keenly.”

“Remember, though, that the closure of the borders didn’t lead the doomsday outcomes many commentators predicted, partly because corrective policy measures were taken” Mr Peleg said.

“All eight of the capital cities recorded double-digit price gains over the year to September, with most recording price rises of about 20 per cent or higher”.

Population growth to resume

Pete Wargent of BuyersBuyers said that buyer sentiment has been broadly unchanged by the latest virus developments.

Mr Wargent said “there is less fear of missing out in the housing market now. But the pattern of housing trends through the pandemic has taught more buyers to look through the short-term noise and to buy quality properties when they can while taking a medium-term outlook.”

“We wouldn’t be surprised to see employment surging towards a record high approaching 13½ million through 2022, with the economy likely to grow by about 5 per cent per annum for the next couple of years, in turn helping to push the unemployment rate down to 4 per cent for the first time since the mining boom go-go years”.

“There might be a delay in the rebooting of immigration due to Omicron. But looking through the noise, population growth should be back to over 300,000 per annum whenever travel does become easier, and potentially even nearer to 400,000” Mr Wargent said.

About BuyersBuyers

BuyersBuyers connects people looking to buy a property with some of the best buyer’s agents around Australia. We aim to level the real estate playing field to give first-time and experienced home buyers and property investors a personalised service with the advantage of having a property expert working for them, serving only the buyer’s interests. Our national network of top buyer’s agents is the largest in Australia and offers some of the most affordable buying solutions on the market.

All our buyer’s agents are licensed, experienced, and are committed to working in the best interest of our clients. We offer excellent value for money with very competitive and affordable fees and no commissions. What you see is what you get. Our bespoke property research and tools enable buyer’s agents and buyers to stay informed on market trends and our insightful property reports help determine the best places to buy. That’s why we are quite simply, ‘the better way to buy property.

This article was sourced from a media release sent by Medianet

How Investors Are Embracing Alternative Strategies In This Day And Age

Traditionally financial advisers were considered investment specialists who earned fees for advising their ‘non-financial’ clients on where to invest. But with traditional debt and equity investments no longer achieving the desired outcomes, they’ll need to stay ahead of all available investment options – including the ones self-directed investors are already embracing.

Trust in financial advice eroded during the Banking Royal Commission, and only one in ten Australians currently receive financial advice. Oliver Wyman estimates non-advised investments in Australia are worth $3.6 trillion – more than three times assets under advice.[1]

“Financial advisers have been forced to make significant changes – to their fee models, professional education requirements and client duty of care – and in some cases their licensees have exited the industry,” says Nick Raphaely, CEO and Co-founder of AltX, an alternative investment platform focusing on property-backed private debt.

“At the same time, the available universe of investment options has expanded – and many high net worth or sophisticated investors know that. They expect more from their advisers than ever before.”

Direct investors are embracing debt

While it’s still a relatively small component of any portfolio, industry experts believe Australia’s private debt market could double by 2025. According to Preqin, Australia’s private capital assets under management rose steadily in 2020 to a record $77 billion, and the country has one of the most attractive risk/return profiles globally. These assets comprise private equity, venture capital, private debt, real estate, infrastructure, and natural resources.

“Investors no longer question whether the asset class has merits. They come directly to us, and are more interested in whether the deal matches what they’re looking for in terms of risk and return,” says Raphaely.

One AltX investor, who currently has over 100 deals on the platform and also invests in private debt elsewhere, says AltX’s deals play a “conservative role” in his portfolio as a capital preservation play. “I like the quality of the deals, and I like AltX’s flawless default rate of zero. Your money works harder there than with the bank, without taking on any undue risk.”

As a wholesale investor, he also invests directly in property, funds and equities – without a financial planner.

“I find they don’t really understand what you’re trying to do, or they have a bias towards a particular path,” he says. “I wish accountants could still provide that kind of advice, because they see everyone’s books and understand what does and doesn’t work.”

Most investors don’t have the time or expertise to stay on top of a truly diversified portfolio – let alone any tax advantages. Yet 19% of Australians say the biggest barrier to accessing financial advice is lack of trust – and 29% say it’s a desire to manage their own finances.

AltX’s Flagship First Mortgage Debt Fund has recently received a ‘Recommended’ rating from independent research house IIR, and AltX can also create bespoke funds for advisers. This makes first mortgage private debt more accessible for both advisers and their clients.

However, they first need to understand the role of alternative assets like private debt in the current market.

Liquidity, yield and capital preservation

For investors approaching or in retirement, generating reliable income is the number one concern right now. But defensive positions are currently difficult: investing in cash currently does not beat inflation, and other fixed-income like 5-year Australian government bonds are only returning around 0.5% yield.

“Alternatives are not designed to keep pace with ‘raging bull’ equity markets – they provide non-correlated diversification to protect investment portfolios,” explains Raphaely. “But they can provide a balance of income, diversification and liquidity if you know what you are looking for.”

For example, AltX provides returns of around 4%-8% on first mortgage-backed property loans, over a fixed period – say 12 months. Construction loans may yield higher returns, but they assume an extra level of risk in the execution of actually building a project.

That’s why private debt investors need to do a fair amount of due diligence before committing to any specific deal. And their advisers should be across those details too.

“I understand property,” the AltX investor told us. “I don’t look at any LVR (Loan to Value Ratio) over 65% unless it’s a cracker of a position. I look at the valuation and whether I agree with that value. I look at the property, where it is and what the alternative uses are – how easy it would be to resell. And I tend not to go past 12 months.”

He prefers to invest directly, to have full visibility over the underlying asset. “I like that AltX has been doing this for quite a while. What I really love is that the exit strategy for the borrower is clearly laid out for every transaction. This gives me a lot of clarity on how I’m going to get my money back.”

Not just for those in the know

Raphaely co-founded AltX 10 years ago because he believed the ‘exclusive club’ mentality of investing in private debt was ripe for disruption. “It shouldn’t have to be a case of who you know,” he says. “We want to democratise access to this asset class.”

Many AltX investors do hear about the platform through friends and colleagues. These investors are far less likely to come through their financial adviser – although Raphaely hopes that will change as more planners understand the valuable role private debt can play in a portfolio.

“Instead of targeting a balanced portfolio mix with 60% equities and 40% bonds, think about it in terms of time,” he suggests. “Especially for retirees, who don’t have the time horizon to recover from a capital loss or ride out low bond yields.” For example, carving liquidity needs up into time, you could allocate cash funds to a 12-month private debt deal – and enjoy strong returns with a similar sense of security. “As a first mortgage holder, you rank in priority to other creditors,” notes Raphaely.

Other assets, like private equity, also have a strong showing as alternatives to equities – but (like equities) they play a growth role, rather than yield. And private equity positions are far less liquid than shares.

“There are assets that can provide income, but they aren’t the ‘usual’ types of products many financial planners are used to,” says Raphaely. “If we look at the US, there is certainly growing acceptance of alternatives as part of the mix. Yieldstreet, for example, enables investments in art or marine finance as well as real estate.”

As financial advisers seek to stay relevant in ever-changing markets – where new tech platforms may be just as trusted by the next generation of investors as a human adviser – it’s important to be aware of all the possible options available to meet investor goals and risk appetite.

About AltX

AltX (www.altx.com.au) is a market-leading alternative investment platform. Founded in 2012 and headquartered in Sydney, AltX provides bespoke access to alternative income-generating products which have traditionally been inaccessible to individual investors.  AltX has funded in excess of $2bn of transactions since inception with zero loss of investor capital.

This article was sourced from a media release sent by Medianet

Meet The Shepreneur Behind The Cover Of The December 2021 Issue Of MoneyCentral Magazine: Dr. Roya J. Hassad

Download Now

Award-winning anti-aging physician Dr. Roya J. Hassad has taken the world of cosmetic medicine by storm with her first-class, innovative and ingenious approach to beauty and wellness.

Dr. Hassad, an Educator, Speaker, and the Founder of Hope, Life, and Dream Centers—the most prominent Anti-Aging medical centers in New York, has adopted a streamlined, highly-effective approach to her craft known as The Five C’s: Comprehensive, Cutting-edge, Compassionate, Connected, and Concierge, which we will break down one by one in the following five paragraphs.

Dr. Hassad’s rise in her profession can be adduced to her insistence on delivering a comprehensive service for her clients, which entails conducting a complete and thorough evaluation of each patient individually.

Dr. Hassad’s medical procedures are replete with advanced, state-of-the-art cosmetics and aesthetics. These are inclusive of anti-aging solutions, integrative medicine, preventative care solutions. Dr. Hassad and her team’s focus has always been on ensuring that each patient has an option that works for them.

Compassion is at the forefront of Dr. Hassad’s medical practices. The good doctor has a heartwarming reputation as one of the most compassionate, friendly, and amiable doctors in the field today, a quality she has infused in her medical team.

The world has since gone digital, with virtual connections helping to shape a new reality. Dr. Hassad and her team have harnessed this connection to build an ever-connected world powered by digital technology. She and her team have created an extensive medical network—extending deep into the international medical community—with some industry pioneers in medical health centers. These connections help Dr. Hassad and her team to share ideas with other brilliant minds in the medical field.

Dr. Hassad and her team offer concierge services for clients from beginning to end. The group helps to facilitate some of the more challenging aspects of preventative and aesthetic care, from acquiring previous medical records to scheduling appointments with sub-specialists for unique treatments.

“We approach every client’s health 360-degrees while testing and going over a complete evaluation that ensures our services are effective and safe,” said Dr. Hassad. “We then leverage the most innovative, cutting-edge advanced technology in anti-aging and integrative medicine, including aesthetic and preventative care that is award-winning in nature. While all of this is happening, I oversee a compassionate relationship with the client that acknowledges their personal well-being. It’s this exact arrangement that makes what I do so rewarding to me – I wouldn’t change my job for anything else in the world.”

Dr. Hassad has treated numerous patients with hormone deficiency disorders related to aging, such as menopause or diabetes mellitus in her New York City-based clinic. She has also developed incredible treatments like Bioidentical Hormones, which mimic hormones found in the human body.

Here Are The 5 Biggest JobKeeper Earners That Received More Than $1.2bn

The Australian Securities and Investments Commission effectively announced that it was mandatory for businesses to disclose the amount of JobKeeper payments they received and that these figures will be publicly listed on ASIC’s website.

Basically, it’s compulsory for every publicly listed company that received JobKeeper payments during the Covid-19 pandemic to publicly disclose their earnings from the scheme from Tuesday as per the Australian.

The Australian further confirms that initially, the $101bn payment scheme was set up to help keep businesses afloat throughout the pandemic, however, the plan created controversy when it was discovered that thousands of companies actually made a profit during the pandemic thanks to this initiative.

According to the new ASIC disclosure requirements, all publicly listed companies that received JobKeeper must declare the total amount of money they received, the number of employees they received it for, as well as if they made voluntary repayments of the payments.

That said, here are the top five companies that received the highest amounts of JobKeeper for the 2020-21 financial year. The entire list can be found via the ASIC website.

Qantas – $695.5 million

Crown Resorts – $198.3 million

Flight Centre – $152 million

Mosaic Brands – $96.5 million

Star Entertainment Group – $94.9 million

The combined earnings of the five largest recipients of the JobKeeper payment come at a total of more than a whopping $1.2bn taxpayer dollars!

More to come regarding this revelation.

Editorial credit: TK Kurikawa / Shutterstock.com

Private Debt Market Expected To Double By 2025, According To Industry Experts

From a ‘fringe’ asset class to nimble backbone of Australia’s booming non-bank and construction sector, the growth of Australia’s private debt market has been nothing short of phenomenal over the last decade. And it’s not gone unnoticed globally, with US fund management giant Apollo Global Management taking a 50% stake in a local non-bank lender Max Cap this month.

“It’s certainly a sign the sector is coming of age,” says AltX Co-CEO Nick Raphaely, who founded his alternative investment platform in the aftermath of the GFC. “Investors no longer question whether the asset class has merits – they are more interested in whether the deal matches what they’re looking for in terms of risk and return.”

And what they’re looking for right now is yield.

“When we think about our mandate, our first job is to protect capital for worth clients, and in a low-interest environment they are happy to dedicate a significant proportion to private debt because it has a reasonable return,” says Nick.

Investors in this asset class can earn up to three or four times what retail investors might get on conservative fixed-income positions. For wholesale clients who can manage semi-liquidity, private debt deals, and fund structures are very attractive.

As Director of KPMG’s Debt Advisory Services, Matt McKenna has seen what he calls a “significant” emergence in private debt over the past 5 years, and non-bank lending. “Increasingly, we are seeing alternative pools of capital fund our clients’ transactions, as they seek greater levels of flexibility than more traditional financing arrangements can provide,” he says.

“From an investor perspective, there’s also limited cash returns in the current interest rate environment. So we’re seeing investors seeking out the yield they’re missing in aspects of their portfolio through other asset classes, which includes private debt funds.”

Rapid growth post-GFC

Globally, private debt is projected to increase 11.4% annually to $1.46 trillion by the end of 2025. According to Preqin, Australia’s private capital market offers one of the most attractive risk/return profiles globally, and assets under management rose steadily in 2020 to a record $77 billion.

“We estimate the commercial lending market is around $300 billion, and non-bank lending is about 10% of that,” says Domenic Lo Surdo, Joint Managing Director Stamford Capital. “I think it could easily double in the next five years.”

As one of Australia’s leading commercial brokers, Stamford Capital has seen a steady shift in borrower appetite to work with non-bank lenders. “It’s all about speed of execution and flexibility, as well as capacity to deliver on terms outside where banks are able to trade,” Domenic says.

The private debt market was effectively decimated by the GFC when government-guaranteed bank deposits ended the traditional debenture model and foreign banks exited the market. So how has the new non-bank sector grown so quickly?

“Australia has a limited number of large banks, and they can never cover the entire commercial lending landscape – they would simply be over-concentrated in one asset class,” explains Nick. “But without debt funding, the bricks and mortar of Australia simply wouldn’t exist.”

Domenic says there were no non-bank lenders operating in construction funding immediately after the GFC. “With policy and regulatory constraints on the banking sector, the private debt market has evolved to include new entrants, different products, and a growing appetite for risk. And as it matures, the price gap between the bank and non-bank capital continues to compress.”

Stamford Capital’s 2021 Debt Capital Markets Survey highlighted the intensifying competition for deals amongst non-bank lenders, with two-thirds of respondents expecting non-banks to increase construction lending activity.

Domenic says Stamford gets calls every week from new private lenders and is very careful to only work with those who will keep delivering certainty through a project. “There are opportunistic players, very short-term in their thinking. We only want to work with those who will still be around in 10 years’ time.”

Matt agrees, saying “it almost feels like every week someone is calling me from a new credit fund… while we expect the borrower demand for private debt to continue to expand, at the same time I expect to see a level of consolidation on the supply side given there are so many alternative capital providers chasing similar opportunities.”

The hunt for yield

While demand for capital has remained constant, it’s clear the supply side of the equation has taken off. “There’s a huge amount of liquidity in the market at the moment, looking to find a home,” says Matt. “Even private equity houses, which have traditionally focused on acquisitions and equity investments, are establishing credit funds to deploy excess capital into other asset classes on behalf of investors.”

“Money goes where it’s treated best, and money is getting a lot of love in private real estate debt these days,” notes Nick. He’s seeing investors funding single deals through platforms like AltX, or through funds. SMSFs and super funds are turning more and more to this asset class. Listed vehicles are also raising debt capital on the ASX.

“This will only lead to further growth and market participation,” he says.

A recent survey of AltX investors indicated that 56% intend to increase their allocation to this asset class over the next 12 months.

“Investors we speak to want to feel comfortable if they end up owning the asset,” says Nick. “And real estate is very easy to understand and clarify risk around. People tend to be a lot more patient with this asset class because there is a certain outcome.”

Matt agrees the structural protection of real estate debt is a plus for investors. “There’s a lot of familiarity with the underlying asset class, and whether it’s residential or commercial real estate investors have a better understanding of the mortgage security.”

Nick says institutional interest in private debt is an indication this asset class is at a tipping point.

“It’s like any cycle: first to engage are the early adopters, then investors with bigger cheques who want to wait and see, and eventually the institutional money arrives when it’s fully proven. We’re now fast approaching the third wave.”

About AltX

AltX (www.altx.com.au) is a market-leading alternative investment platform. Founded in 2012 and headquartered in Sydney, AltX provides bespoke access to alternative income-generating products which have traditionally been inaccessible to individual investors.  AltX has funded in excess of $2bn of transactions since inception with zero loss of investor capital.

This article was sourced from a media release sent by Medianet

Photo by RODNAE Productions from Pexels

5 Good Reasons Wealthy People Love Patek Philippe

Patek Philippe, a traditional Swiss watchmaking brand, enjoys an aura of covetable glamour that originates from its lavish traditions of watchmaking and its exquisite polished, handcrafted timepieces.

In this article, we will walk you through 5 compelling reasons that make Patek Philippe an incredibly popular choice amongst rich collectors. Here, take a look:

A Symbol of Exclusivity

Research reveals that since 1839, Patek Philippe has made and sold less than 1 million watches, which allows this luxury Swiss watchmaker to enjoy an immensely covetable brand appeal. Patek watches take around nine months to be manufactured, while the more exquisite pieces are produced in a period of over two years. The growing demand and the sought-after models have given the brand an affluent status that allows rich people to set themselves apart in the crowd.

Hand-Finished Beauty

Philip Patek watches are known for their finesse and beauty. These intensely charming timepieces are admired because of their stunning hand-finished components. The Swiss watchmaker infuses each design with an iconic detailing that captivates the admirers with its distinctive and high-end glamour. From the dynamic batons to the hand-finished hands, and the overall design, it is the little details that allow a Patek watch to leave the onlookers struck by its sleek appeal.

It’s an Investment

Many savvy collectors invest in Patek watches as an investment, and both vintage and modern watches promise a spectacular resale value. History stands witness to the fact that Patek watches bought back in the 1950s or 1970s, for instance, the Calatrava, and the 5131 Cloisonné Enamel, sold twice more than their original retail price.

Be part of a Legacy

Patek Philippe maintains an archive for every single watch made since 1839, and it allows watch enthusiasts revel in the confidence of being a proud member of the Patek community. The archives have meticulously documented the history of each and every watch that has ever been produced by the celebrated Swiss watchmaker, allowing the purchaser to be a part of a legacy shared with royal family members, heads of states, and celebrities.

Traditional Watchmaking Traditions

Rich people adore Patek Philippe for its rich legacy and its traditional watch and case-making techniques that date all the way back to the 1800s. This iconic brand continues to dominate the market of luxury watches with its meticulous preservation of centuries’ old watchmaking techniques, handcraftsmanship, and alluring designs.

Photo by Antony Trivet from Pexels