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Investment Planning and Superannuation & Retirement Planning KAPLAN

Discussion in 'Financial Planning Study Group' started by AimeH, 14th Apr, 2009.

  1. AimeH

    AimeH New Member

    Joined:
    14th Apr, 2009
    Posts:
    3
    Location:
    South West, Victoria
    Hi there,

    I am new to InvestED and I am seeking members that are interested on working on the Investment Planning 1 (October 2008) Assignnment and the Superannuation & Retriement Planning (August 2008) Assignment.

    I have unfortunately had to re-submit both of these assignments as I am not yet competent, so any assistance or guidence would be HUGELY appreciated. I am also studying a batchelor of commerce majoring in finance and financial planning, and I think that this has actually been a downfall, as I have answered the questions the way a uni would expect them to be answered and over complicated things.

    I am not looking to be handed answers, but would truely appreciate being pointed in the right direction on these assignments. I also think that establishing a good relationship now could act as a foundation for a study group for the exams. I am happy to post the assignments up here, and maybe what I have completed thus far, if I can find someone who is interested in assisting me? Any help would be GREATLY appreciated!!!
     
  2. gocats

    gocats Well-Known Member

    Joined:
    13th Apr, 2009
    Posts:
    50
    Location:
    Geelong, Victoria
    Hi, I am actually doing the ELC assignment. How did you go with that one?
     
  3. AimeH

    AimeH New Member

    Joined:
    14th Apr, 2009
    Posts:
    3
    Location:
    South West, Victoria
    I have actually only done these two units, as I am studying BCOMM too, I dont have to do all the units in RG146 as I get some credits for the units studied at uni. SORRY!! I would love to help you out but can't Im sorry!

    Best of luck!
     
  4. AsxBroker

    AsxBroker Well-Known Member

    Joined:
    8th Sep, 2007
    Posts:
    1,448
    Location:
    Sydney, NSW
    Hi AimeH,

    If you are doing the course at degree level why are you bothering to do it at diploma level? After you complete the degree subject you can usually get exemptions for the subject. You should check the ASIC website to confirm your subject at uni is RG146 and then apply for exemptions rather than redoing the same subject at a lower level.

    http://www.asic.gov.au/eTraining/eTrain.nsf

    Cheers,

    Dan
     
  5. AimeH

    AimeH New Member

    Joined:
    14th Apr, 2009
    Posts:
    3
    Location:
    South West, Victoria
    Hi Dan,

    Thanks for the info, btu I am actually doing thins a little bit backwards. I am completing my degree, while working full time and I began studying RG146 over the summer so that I could shorten my degree and get unspecified credits for two units in my BCOMM. A little bit backwards but it will save me some time in the end!

    Cheers,
    Aime
     
  6. tonybrisbane

    tonybrisbane New Member

    Joined:
    28th Jun, 2009
    Posts:
    2
    Location:
    brisbane
    investment planning 1

    Hi Aime,

    I am in the same predicament as I have submitted with a resubmit requirement for investment planning 1. I am too looking to partner with someone as the explanations for the subject matter is limiting and without any prior financial knowledge extremely hard to understand.

    are you or anyone else willing to work together?

    Tony


     
  7. BB**

    BB** Member

    Joined:
    24th Jun, 2009
    Posts:
    16
    Location:
    vic
    help

    I am willing to assist in helping you
    I am on my last subject for my DFP

    email my inbox
     
  8. tonybrisbane

    tonybrisbane New Member

    Joined:
    28th Jun, 2009
    Posts:
    2
    Location:
    brisbane
    Hi Aime,

    Thanks for your help, I have the following issues,


    As part of your explanation, calculate the purchase price of a 10-year Government bond parcel with a yield rate of 8.95% p.a. paid as a half-yearly coupon. Assume that the prevailing market interest rate is 7.50% p.a. and that the bond parcel has 250 days until maturity.

    Calculations:

    Day 0 Day 68 Day 250
    $101,049 $1,667 $4,475
    1.667% 4.475%

    Purchase $100,000
    Price

    I stated the the purchase price of the bond with 318 days remaining was $101,049 but the remarks state to check my calculations.

    Q2
    again the marker said to check all my figures to my calculations

    Calculate to the nearest dollar the present value and net present value of the couples invesmtent property

    Yr 0 Yr 1 Yr2 Yr 3
    -$418,000 $28,000 $30,816 $32,587
    -$12,750 -$13,196 -$13,822
    ......................................................................................
    -$418,000 $16,050 $17,620 $593,765

    PV=$16,050 $17,620 $18,620 $593,765
    ............... +.............+....................+..........................
    )1+.1275) (1+.1275)Pwr2 (1+.1275)Pwr3 (1+,1275)Pwr3
    ............. ................. .................. ...................
    1 1 1 1

    PV=$14,235 $13,860 $13,091 =$414,252

    PVTotal = $14,235 + $13,860 +$13,091 + $441,252 = $455,438

    NPV = $455,438 - $418,000 = $37,438

    Calucluate the internal rate of return of this investment
    IRR 16.1%
    Calculate the property intiial yeild percentage for year one based on the figures given.

    14,235
    .......... = 3.41%
    418,000

    Are you able to explain to me what I have done wrong???

    Thank you for your help, i truely appreciate it.

    Tony
     
  9. ski-man

    ski-man New Member

    Joined:
    14th Oct, 2009
    Posts:
    2
    Location:
    Melbourne, VIC
    Hi All,

    I'm also new to this site and am also studying through Kaplan.
    Just sat through 3 days of the workshop for Super and Retirement Planning.
    Would appreciate assistance with assignment if anyone is willing. Will do same as I complete the subjects.
    Cheers
    Lou
     
  10. Sophi

    Sophi Member

    Joined:
    12th Jan, 2010
    Posts:
    21
    Location:
    Brisbane
    Hi Tony,
    I believe you,might have already finshed your IP1...how did you go? I just started mine and now doing my assignment...its much harder than the RM. :/
     
  11. netcentre4

    netcentre4 Member

    Joined:
    9th Feb, 2010
    Posts:
    6
    Location:
    VIC
    Investment Planning 1

    Hello,

    I have just started investment planning 1 subject and am about to tackle the assignment soon.
    I was wondering if anyone could offer me any tips or advice to do the assignment especially question 6 which seems the hardest.

    Thanks

    netcentre4.
     
  12. DR

    DR New Member

    Joined:
    23rd Mar, 2010
    Posts:
    1
    Location:
    Melbourne, Victoria
    Hi BB, I am new to InvestED. Still getting familiar with how to use it. I am in my last subject for DFP at Kaplan and am studing the SRP subject. I have passed the exam and have virtually finished the assignment, but I have some questions. Are you able to help. The SRP assignment relates to Feb 2009 version, and the case study is about Richard and Bernadette.
     
  13. Shel

    Shel Member

    Joined:
    22nd May, 2010
    Posts:
    9
    Location:
    Nsw
    Hi,

    I am having trouble as well with this assignment, would appreciate any help with this one. Found all the others to be a piece of cake compared to this one.

    Shel
     
  14. Liz123

    Liz123 Active Member

    Joined:
    21st Apr, 2010
    Posts:
    33
    Location:
    Brisbane, QLD
    IP1 Assignment Case Study

    Was wondering if you could give me some direction on the investment products I need to recommend and the level of depth they need to meet the profile of the client.

    I have completed everything else in the assignment but when it comes to recommending the products, I am having a lot of trouble finding products that fit into the profile. I have assumed they will be a balanced profile and hence I am using the asset allocation of a balanced investor as per the text. I have tried to select a number of both conservative, balance and growth funds to try and balance the allocation out but can't seem to find the appropriate products.

    Am I doing the right thing by using the specific asset allocation of the product? or should I just be using the high level allocation ie 70% Income 30% growth? Do you know the amount you are able to be out by i.e +/- 5%??

    If anyone could help me with this, it would be greatly appreciated!

    Thanks
    Liz
     
  15. kwl

    kwl New Member

    Joined:
    25th Jul, 2010
    Posts:
    1
    Location:
    Sydney, NSW
    Superannuation & Retirement Planning KAPLAN

    Hi, I am doing the last subject S&RP and am having alot of trouble with Q6, providing tax calculations and illustrating the financial and tax position of RIchard and Bernadette. It would be great to get some help, I find this last subject to be the hardest of the four!!



     
  16. chelseaC

    chelseaC Member

    Joined:
    5th Oct, 2009
    Posts:
    15
    Location:
    Melbourne, vic
    hi guys,
    Should Bernadette's super pension income stream count in Richard's age pension income test?

    Richard & Bernadette’s financial assets are as follows:
    Bank account (at call) $ 0
    Cash management trust $25,000
    Richard’s Personal superannuation (taxed fund) $132,840
    Bernadette’s share portfolio $38,119
    Total financial investment assets $195,959
    Deemed Income:
    First $68,200 @3% $ 2,046
    Balance of $127,759 @4% $5,110.36
    Total deemed income $7,156.36
    Bernadette’s salary after TTR and government Co-contribution $10,000
    Richard’s assessable super pension income stream $0
    Bernadette's super pension income stream ?Total combined income: $17,156.36
     
  17. kitle

    kitle New Member

    Joined:
    20th Sep, 2010
    Posts:
    1
    Location:
    Sydney
    HI TOny,

    are you at all able to explain to me how you came to getting your PV and NPV and your IRR.

    I have gotten different answers and i am not sure that i have the concept completely understood...

    your guidence will be greatly appriciated.
     
  18. margp

    margp New Member

    Joined:
    11th Jan, 2011
    Posts:
    2
    Location:
    Melbourne, VIC
    Hello, I am also struggling with this IP1 assisgnment and was wondering how you went with Q4 & Q5?
    Cheers
    Marg
     
  19. nicksykes

    nicksykes New Member

    Joined:
    4th Jan, 2011
    Posts:
    3
    Location:
    DUBBO
     
  20. haighb

    haighb New Member

    Joined:
    13th Jan, 2011
    Posts:
    1
    Location:
    canberra
    Assignments IP1 & SRP

    Hi all,

    New to Invested aswell and am currently doing the above 2 assigments. Would love to share ideas n brainstorm. i believe im doing the lastest assignments, AS3001, but im sure the content n structure is similar with only the figures varying in parts.

    Happy to start bouncing ideas as i plan to finish these 2 off in the next week

    thanks