29Oct

Property Basics

October 29, 2020 hejazfs 73

Property basics

Australians have long had a love affair with property. According to an Australian Bureau of Statistics report*, owner-occupied properties account for more than 40 per cent of household assets. In addition, almost 20 per cent of households own rental properties and holiday homes.

While direct residential property has been the traditional form of investment for many Australians, listed property trusts or real estate investment trusts (REITs) as they are also called have also risen in favour. REITs are pooled investments with units listed on the stock exchange, which hold a basket of properties in one or more of the property sectors.

The S&P/ASX 300 A-REIT Index provides the broadest coverage of property trusts listed on the Australian share market. It currently includes stocks across the retail, diversified, office, industrial and hotel and leisure sectors.

* Household wealth and wealth distribution in Australia, 2011-12, Australian Bureau of Statistics.

Risk/return characteristics

Property is a long-term investment with higher risk than fixed interest investments but lower risk, historically, than shares.

Direct property potentially offers steady rental income, tax breaks via negative gearing and capital appreciation. At the same time, it has a number of drawbacks. It takes time to buy and sell: Building a diversified property portfolio is an expensive exercise, your property exposure is limited to one sector, locating and keeping good tenants can be difficult and there is always ongoing care and maintenance. There is also the risk of capital loss and lower rentals during times of oversupply.

REITs provide many of the benefits of direct property investment without all the effort. Returns from listed property can include income in the form of rent received from the underlying properties and capital growth (or loss) from changes in the value of the share price. Listed property trusts also offer tax advantages to investors in the form of tax deferred income distributions.

Income-seeking investors often compare the income yields (income as a percentage of capital value) of real estate investment trusts to ten-year bonds when assessing investments. It’s important to remember that while yields are usually positive share prices can fall.

Some trusts have more stable income streams than others particularly those with quality tenants and secure lease terms in a good position.
REITs have similar risks to shares. As property trusts are listed, their share price can rise and fall in value and is subject to swings in investor confidence and other factors impacting sharemarket returns.

Individual REITs are also subject to risk, with investment quality and investment exposure varying across the sector. For example, trusts involved in development projects tend to be riskier with higher gearing levels than other sectors making them sensitive to interest rate rises.
Last decade, the REIT sector underwent considerable structural changes as the focus moved towards development, funds management and leverage opportunities, which increased the sector’s volatility level and risk profile. The sector has since realigned itself to its traditional long-term risk and return characteristics, which has restored its diversification benefits.

Accessing a diversified portfolio of REITs

Managed funds can invest in single or multiple listed property sectors. Some even include some exposure to direct property and international property securities. The main benefits of managed funds are that you can invest in properties you would not be able to access directly yourself and you can hold a diversified portfolio of properties for a relatively small initial outlay.

Those are some property basics that should help you gain a basic understanding on property investment.

To find out more about our investment products, click here.

22Oct

Grow your Superannuation

October 22, 2020 hejazfs 73

Its time to grow your superannuation and not just rely on your employer’s contributions.

Make your super work for you

Making additional contributions into your super, on top of your superannuation guarantee contributions (employer contributions) can really boost your retirement income.

There are a number of easy ways that you can make additional contributions to your super account including:

Salary Sacrifice Contributions

Salary sacrifice is an arrangement between you and your employer, whereby you agree to forgo part of your before tax salary and contribute it to your super. If you make super contributions through a salary sacrifice agreement, these contributions are taxed in the super fund at a maximum rate of 15%. Generally, this amount of tax is less than what you would pay if you did not enter into a salary sacrifice agreement and instead were subject to PAYG withholding tax on your earnings.

However, the concessional tax treatment is limited to a set amount of contributions made each income year. The concessional contributions cap is $25,000 pa regardless of age. This amount is the total of all before tax contributions and is indexed each year.

Where concessional contributions exceed these caps, excess concessional contributions tax is payable at a rate of 31.5% (this is on top of the 15% tax already paid by the fund). Excess concessional contributions tax is payable by the individual.

To avoid paying a higher rate of tax on your super contributions, you should ensure that your salary sacrificed amount and any other concessional contributions to your super fund, such as additional employer super guarantee payments or employer payments above the super guarantee, do not exceed the cap amount.

Salary Sacrifice is available at your employer’s discretion, so you will need to check to see if it is available.

Member Voluntary Contributions

Member voluntary contributions are non-concessional contributions. They are paid out of your after-tax salary and are therefore not taxed when deposited into your super account nor taxed if you withdraw your super benefit as cash when you retire.

Making voluntary contributions can really boost your super for retirement. There are many ways in which you can make voluntary contributions including:

Lump sum contributions each year;
Payroll deductions;
Regular monthly contributions – similar to a savings plan; and
Anytime that best suits you.

It is important to remember the amount of member voluntary contributions you make in a financial year without being subject to additional tax is capped, subject to the ‘bring forward’ rule explained below. The following table outlines what cap applies to you:

*Subject to the ‘General Transfer Balance Cap’ rule which requires your total superannuation balance to be less than this cap at the end of 30 June of the previous financial year ($1.6 million for the 2017/18 financial year).

^To access the ‘bring forward’ provision in the 2017/2018 financial year, you must have a total superannuation balance less than $1.4 million at the end of 30 June 2017, or $1.5 million to bring forward over a two year period. Please refer to the table below.

Bring Forward Option

If you are under age 65 in a particular financial year, you will be able to ‘bring forward’ future entitlements to two years’ worth of non-concessional contributions. This means, for example, that a person under age 65 would be able to contribute voluntary after-tax contributions totaling $300,000 in one financial year without exceeding their voluntary after-tax contribution cap. Though once this limit is reached you could not contribute again until the three-year period has ended.

If you are 65 years or over, you will not be able to ‘bring forward’ your entitlements to make non-concessional contributions. Accordingly, if you are aged 65 to 74, you will have a non-concessional contributions cap of $100,000 for each financial year, provided you meet the ‘work test’ for each year a contribution is made. This test requires that you work 40 hours in a continuous 30-day period during the financial year.

If you are aged 75 years or over, you are not eligible to make voluntary contributions to your superannuation account unless the contribution is made within 28 days of turning 75.

Government Co-contributions

If you’re a low or middle-income earner, you can boost your super savings by taking advantage of the co-contribution payment from the government. This means the government will match your personal super contributions.

You may be eligible for the co-contribution if:
• you make an eligible personal super contribution by 30 June each year
• your total income is less than the higher income threshold of $51,813
• 10% or more of your total income is from eligible employment, running a business or a combination of both
• you are less than 71 years old at the end of the year of income
• you do not hold an eligible temporary resident visa at any time during the year
• you lodge your income tax return for the relevant income year.
• your total superannuation balance must be less than $1.6 million on 30 June of the year before the year the contributions are being made.
• you must no exceed your non-concessional contributions cap in the relevant financial year.

The amount of co-contribution for which you’re eligible depends on your income. If your income is equal to or less than the lower income threshold, you’re eligible for a full co-contribution. Above this income, the co-contribution reduces, until it cuts out at the higher income threshold.

Spouse contributions

If you have a spouse, you can make spouse contributions on their behalf. Spouse contributions (up to a maximum of $3,000) currently receive an 18% tax offset to the contributing spouse if the eligibility criteria are met. The super contributions put into a spouse’s account will also be tax-free when withdrawn at retirement.

For you to be eligible to claim the maximum tax offset, your spouse must be earning $10,800 or less in a financial year. A reduced tax offset may be payable if your spouse earns $13,800 or less in a financial year. No offset is available to you if your spouse earns more than $13,800. The maximum amount of offset available in a financial year is $540.

If your spouse does not have an account with Freedom of Choice Super, they can join and receive the same great features and benefits that you do.

Join Australia’s Best Performing Islamic Super Option FY19/20*. We invest according to your lifestyle and values and we perform in good and bad times.

15Oct

The benefits of investment diversification

October 15, 2020 hejazfs 71

This article explains the benefits of investment diversification and simple ways to achieve investment diversification across asset classes.

When it comes to financial management, no single investment will continually outperform all other investments all of the time. To minimise potential losses and to smooth your investment returns over the longer term, you should spread your portfolio across various investments. But that can be easier said than done, so here are different ways to diversify.

Diversify across asset classes

Asset classes are the broad categories of investments and include equities, property and cash investments. Equities include both Australian and international shares. While property includes residential, retail and commercial properties.

Lower risk asset classes, like cash protects your capital during adverse market conditions. On the other hand, higher risk assets, such as Australian and international shares, can deliver good returns during the boom times. Holding a mix of asset classes may help to provide more stable returns over the medium to longer term as markets rise and fall.

Diversify within asset classes

This could mean spreading your share portfolio across different industry sectors because certain sectors may outperform others over a given period according to economic conditions.

Two good examples are mining and manufacturing. The Australian resources industry helped keep Australia’s economy a shining light against a gloomy international backdrop following the Global Financial Crisis. Manufacturing, on the other hand, struggles with high labour costs making Australia less competitive against low income countries such as China. The future is uncertain, and both of these industries are facing volatile conditions. So, a balance across industries is crucial to maintain stable returns over the medium to long term.

It can be simple

Even with a relatively modest amount to invest and very little time, you can achieve a balanced portfolio with the right mix of investments.

Managed funds offer easy access to a wide range of investments. By investing in a managed fund, professional fund managers select individual investments for you. In addition, most managed funds offer several different options to cater for varied levels of investment risk.

Other options include purchasing shares in Listed Investment Companies (LICs) and Exchange Traded Funds (ETFs) on the stock exchange. Depending on its charter, a LIC holds shares in a wide range of companies. While ETFs invest across all stocks making up a particular index, such as the S&P/ASX 200. Buying shares in an ETF or LIC gives you exposure to all the stocks held by the fund.

There are many benefits of investment diversification. At Hejaz Financial Services, our Halal Managed Funds are fully diversified, managed professionally and Sharia compliant. Our fund managers have a breath of experience and they are carefully and consistently monitoring your investments. We are focused on taking your return on investment to a whole new level, learn more here.

08Oct

Property Buyers Guide

October 8, 2020 hejazfs 74

There are several important things to consider when you are buying a property, it will be one of your biggest investments so make sure there are no surprises when you move in. This property buyers guide will list 6 things to take note of before you make the purchase.

1. Checking the title

A title is a short name for “Certificate of title”. The title gives details about the registered owner and details of any easements, mortgages, covenants etc.

Check:

whether there are any easements – an easement is something that restricts the ability to use the land, for instance, a driveway through your property to neighbours;
details about any mortgages; and whether there is a caveat – this is a warning sign that alerts you that someone else claims an interest in the property
If there is a mortgage or a caveat, it does not mean the property cannot be sold, but to give you a “good title” they must be removed by the seller before, or at, settlement. Remember, most properties have a mortgage that the seller will pay off with the money from the settlement.

2. Types of title

There are a number of different types of titles used throughout Australia. For example:

Torrens title – this is the most common title and gives the buyer a guarantee of “good title” because the title is registered.

Strata title – this is used for many flats, units and multiple living areas such as retirement villages. You usually get a title for your individual unit as well as one for your parking space (if you get one). You also have responsibilities for the common area through a structure called a body corporate.

General law or old system title – this was the original type of title used. There are not many general titles left.

Company title – under this structure you don’t own a title; you are allocated shares in a company that owns the title. When you sell your unit, you transfer your shares in the company. This is also less common now.

3. Buying off the plan

This is common in today’s property market, especially for inner city apartments and large developments. ‘Buying off the plan’ refers to buying a property before it is completed. The deposit that is paid secures the property and the contract, and the balance is paid when the property is completed.

Make sure you know:

What the property will look like when it is completed;
That you have somewhere to live during the construction of the building; and
Whether the developer has a track record or their work is available for inspection.

4. The local council

Check whether:

there is a vacant block of land next to or near the property and if there are any plans for a block of flats or apartments to be built next door. This might allow the neighbors to look over your back yard;
there are any zoning or building restrictions on the property;
the property is properly zoned for your use;
there are any buildings or other structures that were built without a permit;
wiring and plumbing have been legally connected.

5. The statutory authorities

Make sure you check with the statutory who can tell you:

whether they have any interest in the property you want to buy; or
whether there is something that is going to happen in the area that might affect your use of the property.

You should always get these certificates, even if it seems to be a waste of your time. You will want to know:

the “adjustments” on the purchase price resulting from unpaid or unused rates and taxes;
if there is some reason you will not be able to use the property in the way you intend, for example, if you want to renovate;
whether there are any major works, like freeways, to be built in the area; and
whether there are services, like gas and electricity available.

6. The cost

The potential costs include:

Property and pest checks
Title searches and rate certificates
Legal / conveyancing services
Finance costs
Stamp duty (you may be eligible for an exemption, contact your State Revenue Office for details)
Land titles office – registration fees

To ease the burden – make sure you read about government grants for new home buyers.

After going through this property buyers guide, we hope that you learned more about one of your biggest investments and that your home purchase will go smoothly.

At Hejaz Financial Services we offer Islamic home finance for your property. Obtaining Islamic home finance isn’t as hard as you think, we take the stress out of planning, budgeting, and paperwork so you can focus on the important finishing touches for your new home. We have helped countless families finance their dream home, and you are no exception.

Learn more about our home finance here.

01Oct

Choosing your investment strategy

October 1, 2020 hejazfs 70

With the wide choice of investment options available today, choosing your investment strategy becomes a difficult task. You can choose from single sector funds like Australian share and international share funds, or diversified or multi-sector funds that include a mix of sectors like shares, cash and property.

Here are some factors to consider before choosing your investment strategy.

Investment types and risk

All investments carry some level of risk. The type and degree of risk will vary depending on the investments you choose. The trade-off for higher risk is usually a higher potential return.

Risk is typically measured in terms of the likelihood of achieving a negative return in any one year – the higher the risk level of an asset class the higher the likelihood of achieving a negative return.

Higher risk asset classes like shares are long-term investments, which means the longer you invest the less likelihood of your investment value falling. Not taking sufficient risk can be a risk in itself. For example, cash investments are less likely to grow over time and may not meet your long-term objectives.

Diversification

Spreading your money across a range of investments is one of the best ways to reduce your exposure to market risk. This way you are not relying on the returns of a single investment. Investment markets move up and down at different times. With a diversified portfolio of investments, returns from better performing investments can help offset those that underperform.

Holding a broadly diversified portfolio can also improve your performance potential and increase your chances of achieving market growth.

Getting your asset allocation right

Research confirms that how you allocate your assets to each asset class is more important to long-term performance than the individual stocks you choose.

Some investors prefer to leave the asset allocation decision up to a fund manager and invest in a diversified fund so they don’t have to worry about monitoring and rebalancing their portfolios.

Investors who want more control over their investments may decide to make up their own asset allocation by selecting individual asset class funds. If you decide to use this approach, you will need to be disciplined and monitor your investments on an ongoing basis and rebalance your investments in line with your asset allocation targets. Alternatively, you could ask your financial adviser to do this for you.

Your investment profile

Before choosing your asset allocation you will need to consider factors such as your:

Short, medium and longer-term investment objectives.
Investment timeframe.
Attitude to risk and return.
Current circumstances, limitations and future prospects.

The above factors will help you, or your adviser, identify your investment profile so you can determine the most suitable asset allocation for your needs.

Risk/return profiling is a tool used by professional and novice investors alike when determining investment profiles. It can be a detailed and individual process, so it is best completed under the guidance of a professional financial adviser.

Sometimes life doesn’t go to plan. So, it’s important to review your investment strategy if there are any major changes in your circumstances. If you need help, our professional financial advisers can determine the best investment strategy for your investment timeframe, objectives and personal circumstances.

Learn more about our Islamic investment products here.

24Sep

What makes your super Islamic?

September 24, 2020 hejazfs 70

It is time to get to know one of your most important investments, your super. In this article you will learn about what makes your super Islamic and how we invest Islamically, straight from our portfolio management team.

Did you know that over 1/3 of your super may fund industries against your values?

You might be surprised but the receiving of interest is strictly forbidden in Islam. If a positive, fixed, predetermined rate is attached to the maturity (i.e. a guaranteed rate regardless of the performance of the investment), it will be considered riba and is prohibited.

Unfortunately, most superannuation funds invest on average 34% of your super in interest-bearing investments, while the remaining investments are conducted without any regard for Islamic investment principles, they invest in industries such as alcohol, pig products and many more sectors that are non-sharia compliant.

At Hejaz, you can be rest assured that your superannuation savings will be invested into a Sharia compliant managed fund, the Global Ethical Fund. By choosing Hejaz Islamic Super services, you are choosing to invest Islamically and in accordance to your values.

The creation of the Hejaz Islamic super service portfolio

This is how we ensure that our portfolio of investments is compliant. Firstly, our Islamic investment experts analyse companies in Australian and overseas share markets (as well as gold and property investments) to create a universe of stocks that passes our strict Islamic investment criteria. Then, our investment team uses this Islamically screened universe to create the Hejaz Islamic Super portfolio. The investment team selects the Islamic stocks they believe will produce superior financial returns. Finally, our portfolio team actively looks for investments that will yield positive returns whilst monitoring current investments.

4 mandatory investment screenings for sharia compliance

Tainted Income: Income earnt from non Islamic dealings must be below 5% of total revenue.
Debt/ Market Cap: A company’s debt must not exceed 30% of thier market cap.
Liquidity: Account receivables should be less than 49% of total assets.
Business Activity Screens: Businesses such as banks, alcohol, media, interest, military and pig products are not permissible under the Sharia.

At Hejaz we fund industries that are Sharia compliant and industries that help make a better tomorrow, such as healthcare, utilities, technology, telecommunications, infrastructure and property.

So, where are you investing? Is your super fund investing against your values? Is your fund performing?

Put your super in Australia’s Best Performing Islamic Super Option FY19/20*. We invest according to your lifestyle and values and we perform in good and bad times.

17Sep

Frequently asked questions about super

September 17, 2020 hejazfs 69

This article answers 5 frequently asked questions about superannuation. If the ins and outs of superannuation leave you confused, the answers to these frequently asked questions will help you understand the basics.

How much do I need to retire?

According to the Association of Superannuation Funds of Australia (ASFA), a couple requires savings of $640,000 if they wish to enjoy a ‘comfortable’ lifestyle in retirement. For a single, the figure is $545,000.

Due to support from the age pension, a single or a couple can fund a ‘modest’ lifestyle with savings of just over $70,000 at retirement.

How is my superannuation taxed?

Broadly, contributions are categorised as either concessional or non-concessional.

Concessional contributions are contributions on which an employer or an individual has claimed a tax deduction.

Non-concessional contributions are made from after-tax income. They include many personal contributions and government co-contributions.

Concessional contributions are taxed at 15% within the superfund, with a tax offset available to low income earners. Non-concessional contributions are not taxed within the fund.

Investment earnings are taxed at 15% in the accumulation phase. Over age 60, earnings in the pension phase, and any payouts from the super fund, are tax-free.

How can I contribute to superannuation?

If you are over 18, employed, and earn more than $450 per month your employer will contribute 9.5% of your ordinary time earnings to super. You can further boost your super by:

Asking your employer to make concessional salary sacrifice contributions from your pre-tax income.

Making personal contributions from your after-tax income. Subject to set limits you may be able to claim a tax deduction for these contributions in which case they will become concessional. If no tax deduction is claimed they will be non-concessional.

Low to middle income earners who make a personal non-concessional contribution may receive up to $500 as a government co-contribution.

If you contribute on behalf of a spouse who earns less than $37,000 a year, you can claim a tax offset of up to $540.

A special ‘downsizing’ contribution is available to over-65s who sell a home.

Age limits and work tests may apply to some types of contribution.

When can I access my superannuation?

When you turn 65, even if still working.

When you reach preservation age (between 55 and 60 depending on date of birth) and have retired.

If you start a transition to retirement (TTR) income stream.

If you face severe financial hardship, specific medical conditions or under the first home super saver scheme.

Who can I leave my superannuation to?

If your super fund allows binding death benefit nominations, you can elect to have your superannuation paid to your legal personal representative. The money will then be distributed as instructed by your Will. Alternatively, you can instruct your fund trustees to pay your death benefit to one or more of your ‘dependents’. Under superannuation law these are:

Your spouse (includes same-sex and de facto partners).

Children.

A financial dependent.

People you had an interdependency relationship with.

Without a binding nomination, your super fund’s trustees decide which dependents will receive the death benefit. They will be guided, but are not bound by, any non-binding nomination.

How do I make the most of my superannuation?

Superannuation remains, for most people, the best vehicle within which to save for their retirement. However, it can be complicated and there are numerous rules to navigate.

That creates challenges, but it also generates opportunities, many of which can add thousands of dollars per year to your retirement income.

Those are the 5 frequently asked questions about superannuation. Ready to unearth those opportunities and make the most of your superannuation? Now is a perfect time, visit https://www.hejazfs.com.au/australias-best-islamic-super-option/

to learn more about Australia’s Best Performing Islamic Super Option FY19/20*.

10Sep

Three steps to your kids’ financial success

September 10, 2020 hejazfs 69

We all want to give our children a head start in life. This article shows you three steps that will help you instil sound financial habits in your children by setting the foundations of good money management now and lead them towards financial success. All parents want their children to be better-off than they were – more secure and financially independent, but the big question remains: where do you start?

This article shows three steps to your kids financial success, ushering them towards financial security.

Step 1: Create good habits

Start early; learning to save is one of life’s great lessons. In an increasingly cash-less society, it can be difficult for children to understand the value of money and how to save.

Help them by:

Providing a glass jar through which they can see their savings mounting up for very young children.
Teaching the difference between needs and wants. Lead by example with your own savings habits.
Involving them in the household budget; compare prices at the supermarket and demonstrate bill-paying.

Paying pocket money for age-appropriate chores and helping them to create a mini-budget, apportioning money to:

spending on anything they want.
donating to charity to instil a sense of community and empathy,
saving for a goal; helpful in teaching kids restraint and how to avoid impulse buys.

Step 2: Inform

Nothing is free; water in the tap, electricity and even the internet don’t just happen by magic. One of the best ways to teach kids about responsible money handling is to explain debt and the consequences for not meeting financial obligations, which segues neatly into a discussion about personal credit scores.

People with better credit scores find seeking finance approval easier and often qualifies them for more advantageous lending deals.

Helping kids understand the concept of a credit score can be a little daunting, so try these tips:

Brush up on your knowledge first.
Don’t focus on numbers, explain that it’s about financial behaviour over time.

Avoid complexity and keep the information age-relevant.
Use examples. Discuss mistakes you’ve made in the past and explain how you rectified them. Explaining to them the rationale behind some of your financial decisions will help instil good values in your child.

Step 3: Educate

By the age of 3, children can understand the concept of money. By age 4 your child should be able to understand the connection between money and things. You can help them by making shopping lists and bringing them to the store, this will help them make the connection between money and things at home. By age 6 you can teach them the connection between work and money, you can help them by paying pocket money for age-appropriate chores.

With early financial education, children will be more comfortable talking and learning about finance. Searching online will reveal a range of websites, blogs and apps dedicated to engaging and educating kids about money and investments. These online resources can help in the process of educating your kids about the different types of accounts or investments available in the market to help grow their finances.

Introduce your kids to good habits while they’re young, and you’ll be setting them up for success.

03Sep

Five financial tips from an older generation

September 3, 2020 hejazfs 70

This article provides five financial tips that all generational groups can benefit from. When it comes to money, some things stay relevant regardless of your generation. So here are five tips for getting, and keeping, control of your finances – for life!

1. Living within your means seems obvious, but surprisingly, many people don’t. It’s why credit like store/bank cards and shop-now-pay-later facilities are so popular. Unmanageable debt has the power to keep you awake at night – and not in a good way. But you really can survive without the latest device or car.

In short, don’t be a slave to possessions; why lock yourself into debt more durable than the item?

2. Save. The world is full of opportunities: travel and socialising, etc., but don’t underestimate the security of a stash of cash. With a small, regular commitment, you can have a life and save too.

Consider this example:

An initial $500, plus $50 per week over five years, could accumulate almost $15,000! (Assuming no withdrawals and 2.5% profit over the period).

Additionally, developing a savings habit will help create a good credit score for, say, a future home loan.

3. Buy quality items like clothing or furniture. Pieces in good condition will generally last longer, and with care, can become classics you won’t need to replace.

4. Learn to cook. Nothing beats a home-cooked meal for cost-savings. Find a recipe, make a list, shop and cook. Not sure what you’re doing? YouTube is your best friend. For $30, you could cook yourself and a friend a similar meal costing around $80 in a restaurant. (There’s the week’s $50 for your savings account!)

5. Make a budget and stick to it. Record income, then expenses beginning with non-negotiable ones like rent, home payments, insurance, transport, groceries, etc.

If you can’t account for some of your money, a budget will help you identify areas of overspending so you can reallocate funds to savings and discretionary expenses.

The government’s MoneySmart website provides a budget planner to get you started, or create your own using a spreadsheet.

There is our five financial tips, every generation believes there’s nothing to learn from the other, but the truth is we’re all learning, all the time.

Visit https://www.hejazfs.com.au/ to see how our investment products can help you grow your finances and have your money work for you!