COVID-19 has brought unprecedented challenges for businesses worldwide, making continuity planning more crucial than ever. At Liston Newton, we are committed to helping organizations navigate these turbulent times with robust strategies tailored to their specific needs.
Our New Office Location
We are excited to announce that our new head office is located in South Melbourne, offering enhanced accessibility and support for our clients. You can find us at:
Address: Level 3, 67 Palmerston Crescent, South Melbourne
Our Comprehensive Services
Liston Newton provides a wide range of professional services designed to foster business growth and ensure long-term success. Here’s a closer look at what we offer:
- Accounting & Tax
- Business Accountants
- Taxation Accountancy
- Tax Compliance
- Tax Minimisation
- Assistance with Selling a Business
- Xero Bookkeeping
- Business Advisory
- Business Structures
- Company Setup
- Partnerships
- Sole Traders
- Trusts
- Financial Advisory
- Estate Planning
- Investment Strategies
- Personal Insurance
- Retirement Planning
- Wealth Management
- Virtual CFO Services
- Digital Advisory
- Lending
- Self-Managed Super Funds (SMSF)
- Consolidating Super
- SMSF Accounting & Compliance
- SMSF Setup & Advice
Industries We Serve
Our expertise spans various industries, allowing us to provide tailored financial and business advice. Some of the sectors we cater to include:
- Ecommerce
- Franchise
- Healthcare
- Hospitality
- Primary Production
- Professional Services
- Property Development
- Retail
- Trades
Our Locations Across Australia
With offices strategically located in several regions, we are well-equipped to assist clients nationwide. Our current locations include:
- Malvern, VIC
- South Melbourne, VIC
- Donald, VIC
- Gold Coast, QLD
- Port Macquarie, NSW
Investing in Cryptocurrency
In recent times, many individuals have shown interest in cryptocurrency as a potential investment avenue. However, determining how much to invest can be complex and depends on various factors, including your financial goals, risk tolerance, and market understanding.
Understanding Cryptocurrency Investment
Cryptocurrencies, much like traditional assets such as cash, property, and stocks, can play a valuable role in diversifying your investment portfolio. Yet, it’s essential to consider how much you are comfortable investing and potentially losing, especially given the market’s volatility. Here are some key points to keep in mind:
- Investment Comfort Level: Assess how much you are willing to invest without jeopardizing your financial stability.
- Market Volatility: The crypto market can experience drastic fluctuations, sometimes changing by over 30% in a single day.
- Long-term Perspective: While the market is still emerging, early investors may reap significant benefits as it matures.
Risk Management in Cryptocurrency
Considering the high-risk nature of cryptocurrency, it is advisable to allocate only a small percentage of your overall investment portfolio—typically between 1% to 5%. This approach allows you to engage with this new asset class without heavily impacting your other investments. Remember that while cryptocurrencies like Bitcoin and Ethereum have shown growth, they can also be subject to rapid declines.
Stablecoins as an Alternative
For those seeking a more stable investment, stablecoins—cryptocurrencies tied to tangible assets like the US dollar—offer a way to mitigate volatility. While they may not provide the same growth potential as other cryptocurrencies, they are designed to hold value, making them a safer option.
At Liston Newton, we are dedicated to helping our clients navigate the evolving landscape of investment opportunities, including cryptocurrency. Reach out to us to discuss how we can integrate cryptocurrency into your investment strategy and tailor our recommendations to suit your financial goals.
