Latest News from Newealth

Artificial General Intelligence (AGI)

• Posted by Dejan Pekic BCom DipFP CFP GAICD

This has been talked about for years and years and we are now only 12 to 24 months away from achieving AGI (Artificial General Intelligence).

AGI is thinking software or an artificial brain.

It is hard not be excited and terrified at the same time but nothing short of WWIII will stop AGI from emerging.

It will change everything for humans (how we work, play, communicate, socialize) but for business the increased productivity will initially be ridiculous as AGI begins to rapidly remove humans from the workforce.

Click to read.

This is just another step closer to ‘software consuming the World’.

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Newealth FSG (March 2025)

• Posted by Dejan Pekic BCom DipFP CFP GAICD

We have updated our Financial Services Guide.

For more details, click ‘Newealth FSG’ or alternatively go to the FINANCIAL SERVICES GUIDE link at bottom of the page.

Our business is based on referrals, so if you have family, friends or colleagues that want advice please ask them to contact us.

Stock Market Turbulence: US Tariff War

• Posted by Dejan Pekic BCom DipFP CFP GAICD

The Australian All Ordinaries Index (AORD) closed at a record high of 8,825 on 14th February 2025 and the Down Jones Industrial Average (DJI) closed at a record high of 45,014 on 4th December 2024.

As at close yesterday and overnight, both indices have fallen 8% which does not even rate as a correction (defined as a fall of 10% from recent peak).

Beware the media, they do like to talk up the drop in dollars becasue it makes for great headlines.

The likelihood that this could develop into a full-blooded crash (defined as a fall of 20% from recent peak) is always a possibility because it is not a matter of if but when will the United States go into its next recession and tariffs are certainly helping push the United States into a recession.

The key for investors as taught by Benjamin Graham is never to panic, invest according to our appetite for volatility and when the next panic takes hold, react by buying more quality assets at discounted prices.

Our business is based on referrals, so if you have family, friends or colleagues that want advice please ask them to contact us.

Big Ideas: AI Agents

• Posted by Dejan Pekic BCom DipFP CFP GAICD

It is difficult to disagree with the statement that ‘software is consuming the World’.

This year is predicted to be all about AI Agents, computer software (specifically, artificially intelligent bots) which will automate tasks, become predictive and work with other bots to enhance our user experience and drive business productivity.

AI Agents are already here and will change everything from search, to shopping, enterprise and knowledge work (and yes, that is all professional services).

Click to read.

Our business is based on referrals, so if you have family, friends or colleagues that want advice please ask them to contact us.