Managing Your Investments with Financial Mappers

Managing Your Investments with Financial Mappers

In this video, we’re going to walk through an example Financial Mappers plan. By the end of this short video, you’ll have mapped out a comprehensive portfolio, projected over 30-years, and including automatically-generated wealth reports.

Video Transcript

Financial Mappers is an interactive and easy-to-use tool for mapping your investment strategies. And you can get started straight away using the built-in Sample Saving Plan to customise your own plan.

In this video, we’re going to walk through an example plan. By the end of this short video, you’ll have mapped out a comprehensive portfolio, projected over 30-years, and including automatically-generated wealth reports.

The Planner screen is where you’ll start saving for your Home and Investments. If you have loans attached to your Home, Investment Properties, or Share Portfolios, these can also be allocated here.

You can see you investment transactions by clicking on the Transaction Account. Deposits and withdrawals are made, and any income not reinvested is automatically deposited into this account.

First, you can setup your salary income, and allocate the percentage to save each year.

In this example, we’re using the Automatic Investment Plan, so the first payments have been automatically allocated to home and investment loan expenses.

Using the graph, you can see the saving allocations in the first few years.

Many portfolios will have a Cash Account, and it’s simple to integrate this into your savings.

The Cash Account Transaction graph shows that we’ve made deposits from savings for the first 5 years, and interest has been reinvested.

Financial Mappers is a powerful tool for mapping your Share Portfolio, and can be personalised whichever way you like.

To demonstrate, $5,000 worth of shares was purchased in Year 1.

In Year 5, 5% of the portfolio was sold.

Between years 6 to 14, 80% of salary savings, after allocation of home loan repayments, have been used to purchase shares.

If you have a Managed Fund account, it operates in a similar manner but gives even more detailed information on management fees.

If you choose to activate your Superannuation Account, Financial Mappers automatically allocates your employer contributions into you plan. There are however many choices to customise your super fund to suit your current or desired portfolio. You can adjust your income and expenses for any year, or even switch to a new fund.

Next, you can setup any investment properties you have.

Say, for example, in Year 16, after paying off the home loan, an investment property is purchased. You could add detailed information about building write-offs and depreciation, as well as building improvement and capital purchases.

The integration of loans into Financial Mappers is another reason why Financial Mappers is so powerful for investors – providing flexibility and ease of use.

There is a choice of four loan types, including the ability to refinance your loan. Additional payments may be made, Interest rates may be fixed or variable, and loan costs included.

At this point, your plan is nearing completion, so let’s proceed to the Plan Dashboard and see what you plan looks like projected over 30 years.

Here, the results for each year are displayed in Present value, a calculation which discounts the values for Inflation.

For a more in-depth review, Financial Mappers includes comprehensive reports of your entire plan.

When viewing the Summary Data, use your cursor to closely examine the results. You can also convert the graphs to 5-yearly tables of data.

Using these statistics may help you evaluate your overall plan. Once you’re satisfied, you can print of the comprehensive Wealth Guidance Report for your personal planning, or use it together with your Financial Planner.

Your Finances are a journey. Reach the destination you want, with Financial Mappers.

 

Disclaimer: Financial Mappers does not have an Australian Financial Services License, does not offer financial planning advice and does not recommend financial products.

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