November 2011

Hello !

Welcome to the latest issue of The Gym's newsletter.
You're receiving this newsletter because you've visited The Gym in the past. We'll continue to send you newsletters from The Gym for the next few months and then we'll check with you to see whether you find them helpful and entertaining. Remember, you can visit The Gym at any time by logging in to your AUSCOAL Super Member Account. 

There's a new competition open, get four right out of eight and you're in the draw. Be quick to login to your Member Account and enter The Gym. This competition is on financial literacy. You'll find it quite interesting.

Make the most of interest rate changes It’s easy to be too busy to review our interest rate levels. If it’s been a while, make a call to see if you're still getting the best deal available.   If you don’t think it’s worth your time, remember that converting income to assets is as much about loan management as income generation. To see how you could benefit, you can use the Extra Repayment Calculator to see what additional repayments can do for you.
No one gets it right all the time - Buffett's opinion It’s easy to put successful investors, stock pickers or economic forecasters up on a pedestal if they seem to always get it right, but the reality is we all make decisions based on certain principles, and we do well if those principles lead us to favourable decisions more often than not.   In this video, Warren Buffett shares some of the principles that have worked for him over the years, while also sharing where he’s gone wrong. Watch this video...
Working the numbers - creative accounting for laughs While many people claim mathematics was boring at school, there are the others who found it rather enjoyable.   There are many ways to work a set of numbers, and whether you’re into your numbers or not, you’ll get a laugh out of this short and quick look at some creative accounting. Watch this video...
Watch your beliefs While what we do on a regular basis is a significant contributor to converting income to assets, and preserving assets once built, being mindful this behaviour comes from a certain way of thinking can help us refine how we think and therefore how we behave.   If this sounds airy-fairy, just ask any sportsman the value of mindset, attitude and mental discipline. Read more...

There's a new competition open on financial literacy that reveals some interesting statistics on how Australians source financial information and how they feel about their financial literacy levels.

The Gym is provided solely by innergi Pty Ltd ABN 43 120 557 539, an independent provider of financial education. AUSCOAL Super has arranged for members to access The Gym, but has no oversight of information or services innergi provide.