6 March 2014 What investors want to know? Ukranian crisis, global market outlook and China A survey on Wealth Know How (www.wealth-knowhow.com.au), Australia’s first independent financial video-based website, shows that the foremost questions on investors’ minds was current market and economic commentary about national and international events such as how the markets will digest the Russian invasion of the Crimea and its impact on global markets. Based on this feedback, the website has launched its second economic and market commentary video that briefly discusses the issues in the Ukraine, predictions of a buoyant US and European markets and an analysis of the falling Chinese currency. Wealth Know How surveyed
about 200 viewers with about 33% of respondents requesting more information about what is happening in the Ukraine – the world’s current flashpoint – as well as the other market and economic issues. George Lucas, a co-founder of Wealth Know How and managing director of the boutique fund manager Instreet Investment and presenter for this video, says: “It was quite a significant result. “It’s often assumed that investors, particularly SMSF investors, have little interest in what’s happening overseas and how this impacts on their portfolios.
This survey suggests otherwise and is in line with other surveys that show an increasing interest in international equities by SMSF trustees. “The issues in the Ukraine are very complicated with regions such as the Crimea considering itself more Russian than Ukraine. “For Russian President Vladimir Putin, keeping Ukraine within his sphere of influence is critical and the current game plan seems similar to what Russia strategy was for Georgia in 2008. “However, it seems unlikely that the West will directly intervene. So far, the market has reserved judgment on the situation, waiting to see what Putin decides before factoring in the full impact of the crisis. “In our view, it will only become a major issue for the broader global marketplace if Europe and the US go head to head with Russia. At this stage it’s too early to say what cards they will play.” Lucas says this video is in line with the key objectives of the Wealth Know How website, which is to support investors at all stages of life grow their wealth through financial education. “We will actively seek feedback from the viewers and will continue to add videos to include other topics such as budgeting, making these videos an ongoing reference and education source for all investors.” To view the full video please and receive full commentary click on this link: http://www.wealth-knowhow.com.au/videos/market-and-economic-commentary-5-mar-2014 Follow Wealth Know How via: – Joining up as a member www.wealth-knowhow.com.au – Twitter @wealthknowhow – Linked In http://www.linkedin.com/company/wealth-know-how?trk=company_name – Google Plus https://plus.google.com/112879620922325469297/about For all media queries please contact: Simrita Virk at Shed Media M: 0434 531 172 E: firstname.lastname@example.org