Chronos Private

"I’m about to inherit just shy of $1 million. My wife wants to immediately spend some of it on a big family holiday, but I’m more cautious. How do we find a happy medium? Ernie"

Partner and Principal Advisor Chris Giaouris provided some thoughts to the AFR on what to consider should you find yourself in a situation like this.

Death of a loved one is always a difficult time and financial implications can make it even more stressful. We hope this helps!

I’ve inherited $1m. Now what? A large inheritance can mean goals that perhaps felt like a dream may be within reach, but plan carefully, advisers say.

"Dear AFR, my wealthy parents insist on a prenup, but my future wife is unhappy about it. How can I convince her it doesn’t mean I expect the marriage to fail?"

Partner and Principal Advisor Chris Giaouris provides his thoughts, amongst others, on what is a potentially prickly topic!

How do I convince my future wife a prenup won’t kill the romance? Family lawyers set out why it’s important, and how to do it without ruffling feathers.

Casinos make money by making sure bettors eventually lose more often than they win. The stock market is the opposite. The longer you play, the better your odds.

Historically, the odds of the S&P 500 being up over any one-month time frame has been 63%. Over a year, the odds of a gain jump to 75%, and over eight years, they surge to 97%. Since 1928, all 16+ year time frames have seen positive returns.

May the odds be forever in your favour!

Are we depressed because we don’t have a 'third place'?

Such an interesting concept, and something we can all relate to, especially as we continue to emerge from a "post-COVID" world.

Are we depressed because we don’t have a 'third place'? Where do we go when the work day ends? For some of us, the answer is simple. It might be the gym, bible study, or straight home. Whatever the answer is, it might help to explain the state of your well-being. If you find yourself commuting between work and home with no stops along the way, your life....

Wise words from one of the best to ever grace the big screen!

Hope you all had a nice weekend 💚

Our latest quarterly update is now live, as is our new website!

It's been a tough year for investors, but are things starting to turn around? This update covers more of the turmoil but last week we saw a resurgence in stocks. Will it continue into 2024?

As always, we continue to advise putting together a personal plan specific to you, which also empowers you to avoid the noise.

Quarterly Economic and Market Update – October 2023 | Chronos Private

Ever wondered what the team at Chronos Private have been up to lately?

Well, Partner and Principal Advisor Chris Giaouris spoke with Professional Planner recently to share some of the exciting changes we've introduced to Chronos Private in the last 12 months - check it out and let us know what you think!

The 2 best things I’ve done to improve my business - Professional Planner Whether it's inflation in the economy or inflation in regulatory fees, the cost to give advice is only climbing. However, some advice practices have found success streamlining certain processes in their businesses.

Partner and Principal Advisor Chris chats with Bec from the Too Much Sauce Podcast about investing, crypto, real estate, T-Pain, AI and lots more! We hope you learn a thing or two 🤩

Chris Giaouris: The status of the Share Market, Day Trading, Cryptocurrency, Real Estate, Chat GPT What does it take to succeed financially? I've met many people who are trying to figure that out. In this episode, I sit down to discuss finance with Chris, ...

Ever wondered how long it takes a hacker to work out your password? The results below were eye opening, to say the least.

I suppose "Password123" taking 3 years isn't too bad...😆

A big double congratulations to the (early) birthday boy and 2022 Footy Tipping Champion John! Today’s theme was “dress like John” - how did everyone go? 😂🧢

Looking for a new opportunity? Receptionist / Office Admin Support - enquire within!

Receptionist / Office Administration Support Job in Melbourne VIC TF Partners is a business advisory and taxation accounting practice, located within Melbourne's CBD looking for a dynamic and proactive receptionist / office administration support person to join our team.

Chronos Private is hiring! 😍

If you or anyone you know are interested in joining our team as a Client Services Manager you can find out more in the link below :)

Client Service Manager Job in Melbourne At Chronos Private we believe wealth means more than money. We work closely with each client to achieve their personal financial and life goals, understanding that each client is unique. We take pride however in ensuring that all clients receive the same exceptional levels of service and expert advi...

https://www.chronosprivate.com.au/quarterly-market-update-june-2022/

Our June quarterly market update is now LIVE!

It's been a tough time for investors lately and the last quarter unsurprisingly reflects that across basically all asset classes. Time to panic? Not in our opinion! Time to invest? Maybe! 🧐

"It's amazing how hard people make what a simple game it is, if they told every body what a simple game it was then 90% of the income or more of the people that are speaking would disappear."

This is a quote from Warren Buffett, investor extraordinaire, from his 2022 Berkshire Hathaway annual shareholders meeting. The numbers speak for themselves - 74% of the time the stock market provides a positive annual return.

It's not hard to be a successful, long-term investor. We are passionate about getting this message out there as this is where we see so many people go wrong.

In big news, John beat inflation yesterday by getting a basic car wash instead of the premium wash 🤓

Merry Christmas from our family to yours! May you enjoy some quality time with those closest to you on this special day.

Thank you for all the support throughout 2021 and may 2022 be even bigger and better! See you in the new year 😆🍾🎉🎊

This short 30 second video is a great reminder of just how costly it can be when market timing goes wrong. All it takes is to miss a couple of strong days and your long term return can be significantly impacted.

With Christmas only around the corner (🤯) this is a timely reminder that being active with Christmas shopping bargains is smart but being active with your investments often is not...!

Missing the Market's Best Days The impact of missing just a few of the market’s best days can be profound, as shown by this animated look at a hypothetical investment in the stocks that make up the S&P 500 Index.

Have you ever heard someone say "successful investing is not about timing the market but instead it's about time in the market"?

This is something we talk about with clients all the time and the stats continue to back this up, even after we've spent the best part of the last two years in a Pandemic.

We look at some figures below which go back to 1993 - this story is consistent across many other different time periods as well.

It's not the most exciting strategy nor is it something you will hear much about at your neighbours BBQ or on the news, but it works. Time in the market is time well spent 📈🤓

“I don’t have enough money to invest.”

“I only want to invest in companies I’m familiar with.”

“It’s too hard to figure out when to get into—or out of—the market.”

These are some of the common objections we hear from people when it comes to long term investing. Which sucks, because investing in markets is an excellent plan for meeting long-term goals.

In this article, Dimensional Fund Advisors’ founder David Booth lists 10 common objections to long-term investing and how to overcome them.

You may find an answer to your questions/concerns in this post but if not don't be shy to get in touch! We love hearing from all of our followers :)

10 Obstacles to Investing—and How to Overcome Them Investment principles may be straightforward, but they aren’t always easy to accept. Here are 10 obstacles to investing Dimensional founder David Booth has encountered over the years.

Thursday feels got us wondering if we should introduce Souvlakia (not Souvalki's) as part of the Chronos Private suite of offerings to our clients... Tax Return + Investment Advice + Souvlaki on your way out. Sorted!

How about these two - John and Chris were destined to be business partners from a young age (year 8/9)! If you’ve known us long enough you’ve probably heard the story about how we auctioned off the last souvlaki for over $20...! And now, the rest is history 🤓