Thrive Financial Services

What if you invested at almost the worst possible time? Not once, but three times?

Vanguard’s hypothetical investor, Steve, invested $10,000 just before each of the dot-com crash, the Global Financial Crisis and the COVID-19 downturn.

His timing was terrible. But he remained invested.

By 2025, his three investments—$30,000 in total—had grown to more than $117,000.

The lesson isn’t that market falls don’t matter. It’s that successful investing rarely requires perfect timing. A diversified portfolio, a long-term plan and the discipline to stay invested can matter far more.

A great short video for anyone feeling tempted to wait for the “right time” to invest, or to abandon their plan when markets become uncomfortable such as moving Superannuation to Cash "temporarily".

Vanguard Index Chart The Vanguard Index Chart illustrates how sticking to a long-term investment plan, with diversification across a range of asset classes, allows you to grow your wealth even in the face of market crises and short-term volatility.

Good tax planning is about more than simply working out what you owe.

At Thrive, we can help business owners plan ahead, identify potential opportunities and avoid unwanted surprises at tax time.

Our latest article outlines five important questions to ask your accountant to help you make more informed business and financial decisions.

Read more below, or contact our team to discuss how we can help.

Tax planning for business owners: Five questions to ask your accountant Tax planning is not simply about finding deductions at the end of the financial year. Effective planning helps business owners understand their position, prepare for upcoming obligations and make informed decisions about cash flow, investment and growth. Regular conversations with your accountant ca...

The end of financial year rush may be over, but July to September is an important time for small businesses to reset and plan ahead.

Now is a good time to:

✅ Finalise and reconcile last year’s accounts
✅ Review BAS, tax and super obligations
✅ Adjust payroll processes for Payday Super
✅ Build a dedicated tax cash reserve
✅ Check first-quarter performance against your budget
✅ Meet with your accountant before issues build up

A little planning now can mean fewer surprises and better cash flow throughout the year.

Read more:

Quarter 3 tax tips for small business The third quarter of the calendar year—July to September—is an important period for Australian small businesses. The rush of 30 June may be over, but the new financial year brings fresh reporting obligations, payroll changes and an opportunity to improve tax planning before problems build up. Fi...

It’s a new financial year, and it's time to upgrade your myGov security!

Follow these steps:
1️⃣ Sign in to myGov.
2️⃣ Find the 'Security review' on your homepage.
3️⃣ Follow the instructions to set up stronger sign in options like a passkey or Digital ID, and turn off your email and mobile number as additional usernames.

It’s the best way to keep your account safe from unauthorised access.

Pre-fill helps BUT it doesn’t catch everything!

By mid to late July, some info is usually already in your tax return. But if anything’s missing, you need to add it yourself.

Think cash jobs, gig income, ride-sharing, renting out part of your home, or crypto.

✅ Check what’s there

✅ Check what’s missing

➕ Add it…

🧾 Then lodge!