The Reserve Bank has lifted interest rates for the ninth time in a row this month, increasing the cash rate by 0.25 percentage points to 3.35 percent with more increases expected.
Most economists and analysts are predicting 3 more rate rises, forecasting that the cash rate will reach as high 4.1 per cent by June 2023.
You probably already know rates are rising at the fastest pace since 1990 – and you would be right to worry about the risks this poses to your assets and wealth.
This turn of events is not anything new and you may have been worried about where all of this is heading and what it may mean for your assets and your wealth for a while now.
This Day of Reckoning Had to Come.
We are reaching a tipping point for better or worse. The RBA Governor Philip Lowe in his monetary policy statement this month admitted that things were on a knife’s edge and that it had its work cut out for it in:
There’s more uncertainty. It all depends on external flobal factors which even our own government can’t control
So it seems it’s very much in the laps of the gods!
We didn’t cause any of this but we are now paying the price of too much debt, money printing gone crazy and ridiculously low rates for so long.
Worrying about it won’t help you though. And yes, there is likely worse to come.
Will you be okay?
You do have some options –
You can wait and hope that governments and global central banks sort it all out without impacting you – the “Hail Mary” strategy.
It makes sense to always hope for the best but hope isn’t really a strategy. You have no control.
So, at the same time, you can quickly prepare for the worst. Totally within your control.
Most people are passive cock-eyed optimists – they won’t plan to fail but they will fail to plan.
How can you be proactive now to avoid being caught short and having to be reactive if/when things unravel?
I’ll show you at a special livestream event I am holding this weekend to share:
And much more ….
These are strategies and tools you can implement quickly to help you to retain your current net worth position in spite of the recession drums beating loudly.
Register now to ensure you are not caught in the crossfire if the worst plays out.
Can a recession be avoided?
You can’t control the strong economic headwinds and current problems that are always inevitable in markets and the global economy but you can control how you respond to market changes.
We have been given ample warning to prepare and brace for impact.
But many will just defend the status quo and hope that it all just goes away.
Many will suffer a financial catastrophe, wiping out years or decades of wealth accumulation in one fell swoop, like a cruel game of snakes and ladders.
But it needn’t be such a game of chance where a bad roll of the dice sends you back to square one through no fault of your own.
There are things you can do now to get on the front foot and take control.
Register now while there’s still time if you want to do more than hold your breath, shut your eyes and cross your fingers
Dominique Grubisa was a practising barrister when she lost everything in the GFC and ended up millions of dollars in debt herself. She relied on her legal knowledge and skills to claw her way back and then made it her passion and focus to level the playing field for everybody when it came to accessing the law, not just the wealthy, enabling everyday Australians to tap into the knowledge and control necessary to protect their wealth and assets. Over the last 13 years, Dominique has designed and developed her property, business and asset protection programs through a combination of her own personal experiences and a strong legal foundation, to assist people to take ownership of their financial futures.
“Bankruptcy is over!”
We would like to thank you & your wonderful team for continually supporting us & never giving up. You always made yourselves available, your communication & correspondence is prompt & outstanding, you were incredibly thorough in your investigations, always thought outside the square, & remained totally positive & optimistic-as well as honest. We felt that you always had our backs. We can’t thank you & your team enough for your support. If you ever wanted to share our story or needed a testimonial etc-we would be very happy to do so.
Sydney, New South Wales
“Relieved to know I am protected”
Thank you for your attention and support. I hope to be able to send some more people your way. I am relieved to know that I am protected. Thank you again so much, and you can put me down as one very happy customer that will spread the word.
“We feel a lot more secure”
We have set up our wills, trusts and company and placed and removed Caveats. We feel a lot more secure knowing that our assets are protected and our future and our family are safeguarded by what MWC had to offer.
Quarantine your home from banks, creditors and litigators, even if you owe money.
Grow your business while protecting your profits and income.
Protect your bank accounts while increasing your wealth.
Safeguard your rental income and properties while expanding your portfolio.
Shield your wages from garnishees and installment orders.
Disclaimer & Advice Warning: Dominique Grubisa and her trading company Master Wealth Control Pty Ltd - ACN 148 036 677 ("MWC") provide general advice and for educational purposes only. Neither Dominique Grubisa nor MWC are practicing lawyers, financial advisors or accountants.
All content and information contained within this website does not take into account your particular legal, financial, taxation or personal situation, and is general advice and for educational purposes only. None of the information contained within this website constitutes, nor is intended to constitute a recommendation by the presenter that any particular legal, financial, taxation or other strategy is suitable for your specific situation, nor is it intended provide legal, financial, taxation or other advice.
You should consider seeking independent legal, financial, taxation or other advice to confirm how information or education provided by Dominique Grubisa and/or MWC relates to your unique circumstances.
In the event of a student sharing their story, no remuneration was offered or paid to the student for sharing their story. The timeline and details of all student transactions have not been verified by Dominique Grubisa.