WIN $100,000 cash and your own investment adviser (2024)

Terms & Conditions:

Information on how to enter and a prize forms part of these conditions of entry. Competition commences on Monday 1st June 2020 with entries closing on Wednesday 1st September 2020. Competition entry is achieved by visiting togetheraustralia.com and completing the entry form. Together Australian (togetheraustralia.com) is owned by Adviser Ratings Pty Ltd ABN 18 154 273 640 (”the Promoter”).

The ”Major Draw” will be held at Adviser Ratings Pty Ltd Level 22, Tower 3, 300 Barangaroo Avenue, Sydney, NSW at 2pm, Monday 7th September 2020 at which two (2) draws will take place. One ”Draw Winner” will be determined by their name being drawn out of a barrel (or electronic program which offers the same random selection as a barrel). Two, the “Major or Minor Prize” will then be drawn by the selection of 1 of 100 envelopes. The amount shown on the envelope will be the final prize amount.

The “Draw Winner” will then be declared the “Major or Minor Prize Winner”. Both draws will be conducted under the supervision of an independent 3rd party. All envelopes will be indistinguishable from one another. Envelopes will be mixed in a barrel (or similar device).

There will only be one winner with one (1) chance at the “Major Prize” of $100,000 cash, and the services of a financial adviser for three months and ninety nine (99) chances of the “Minor Prize” of $10,000 cash, and the services of a financial adviser for three months. Minimum prize is $10,000.

The winner must be over the age of 18 years at the time of entering. The prizes are not transferable or exchangeable.

The winner will be notified by phone or email by Monday 14th September 2020. The result will be posted on togetheraustralia.com and its Facebook page once the winner has accepted the prize or by 21st September 2020. In the event of the winner not being available to accept the prize, there will be a redraw conducted on this day at the offices of Adviser Ratings and the new winner will be notified by Monday 21st September 2020. The new winner would be required to accept the prize by Friday 25th September 2020. The winner’s name will be published on the Together Australia Facebook page and website on Monday 28th September 2020. Results will also be published in the next Together Australia newsletter.

In the event the prize is unavailable or cancelled for any reason whatsoever, the Promoter reserves the right to substitute an alternative prize pool of equal value.

The applicable prize will be paid within 28 days of notification to the prize winner by direct deposit by Adviser Ratings Pty Ltd.
Employees and contractors of the Promoter or their families are ineligible to enter this draw.

Entrants acknowledge the Promoter may utilise the draws, including news of a winner, in marketing and other promotional endeavours.
The Promoter reserves the right to disqualify a prize winner if the prize winner has breached any of these rules in obtaining the prize.
The Promoter’s decision is final and cannot be contested. No correspondence will be entered into.

As a condition of entry, entrants must agree to receive email communication from togetheraustralia.com and Adviser Ratings.
To the extent permitted by law, the Promoter is not responsible or liable for:

(i) inaccurate / incorrect transcription of entry information;
(ii) purported entries that are not received for any reason, including because they are lost, misdirected or stolen, or that are received, but are late, illegible, incomplete, or sent other than as directed in the entry instructions;
(iii) any problems or technical failures of any kind, including malfunction of any telephone network or lines, computer online systems or network, servers or providers, computer equipment, or software;
(iv) the unavailability or inaccessibility of any service whether or not caused by traffic congestion on the Internet or at any Website;
(v) unauthorised human intervention in any part of the competition;
(ii) (vi) electronic or human error which may occur in the administration of the competition;
(vii) any loss suffered or sustained, to person or property and including, but not limited to, consequential (including economic) loss by reason of any act or omission, deliberate or negligent, by the Promoter, or its servants or agents, in connection with the arrangement for supply, or the supply, of any goods or services by any person to a prize winner and, where applicable, to any family/persons accompanying a winner; or
(viii) any injury or damage to persons or property, including to the participant’s or any other person’s computer related to, or resulting from, participation or downloading any materials in this competition;
(ix) In the case of the intervention of any outside act, agent or event which prevents or significantly hinders the Promoter’s ability to proceed with the competition on the dates and in the manner described in these terms and conditions, including but not limited to vandalism, power failures, tempests, natural disasters, acts of God, civil unrest, strike, war, act of terrorism, the Promoter may in its absolute discretion cancel the competition and recommence it from the start on the same conditions.

CONFIDENTIALITY:

By entering this competition you are agreeing to subscribe to email communication from Together Australia (togetheraustralia.com) and Adviser Ratings. Your information will never be sold to anyone. You can unsubscribe easily from either newsletter by clicking on the unsubscribe link in the bottom of the email. Information provided by you to participate in this Sweepstakes is subject to Sponsor’s privacy policy.

Trade Promotion Lottery Permit Details
ACT: Permit No ACT TP 20/00720
NSW: Permit No. LTPS/20/43750
SA: Permit No. T20/605

WIN $100,000 cash and your own investment adviser (2024)

FAQs

How much money do I need to invest to make $4000 a month? ›

Making $4,000 a month based on your investments alone is not a small feat. For example, if you have an investment or combination of investments with a 9.5% yield, you would have to invest $500,000 or more potentially. This is a high amount, but could almost guarantee you a $4,000 monthly dividend income.

How much money do you need for a financial advisor to be worth it? ›

Advisors that charge a percentage usually want to work with clients with a minimum portfolio of about $100,000. This makes it worth their time and will allow them to make about $1,000 to $2,000 a year.

Should a 70 year old invest? ›

Conventional wisdom holds that when you hit your 70s, you should adjust your investment portfolio so it leans heavily toward low-risk bonds and cash accounts and away from higher-risk stocks and mutual funds. That strategy still has merit, according to many financial advisors.

Can I turn 100K into 1 million? ›

If you keep saving, you can get there even faster. If you invest just $500 per month into the fund on top of the initial $100,000, you'll get there in less than 20 years on average. Adding $1,000 per month will get you to $1 million within 17 years.

How much interest can you make on 100K? ›

Annual compound interest earnings:

At 4.25%, your $100,000 would earn $4,250 per year. At 4.50%, your $100,000 would earn $4,500 per year. At 4.75%, your $100,000 would earn $4,750 per year. At 5.00%, your $100,000 would earn $5,000 per year.

How to flip 100K? ›

8 Ways to invest $100K
  1. Max out contributions to retirement accounts. ...
  2. Invest in mutual funds, ETFs, and index funds. ...
  3. Buy dividend stocks. ...
  4. Buy bonds. ...
  5. Consider alternative investments. ...
  6. Invest in real estate. ...
  7. Fund a health savings account (HSA) ...
  8. Park your cash in an interest-bearing savings account.
6 days ago

Is 2% fee high for a financial advisor? ›

Answer: From a regulatory perspective, it's usually prohibited to ever charge more than 2%, so it's common to see fees range from as low as 0.25% all the way up to 2%, says certified financial planner Taylor Jessee at Impact Financial.

Is a 1 fee worth it for a financial advisor? ›

While 1.5% is on the higher end for financial advisor services, if that's what it takes to get the returns you want, then it's not overpaying, so to speak. Staying around 1% for your fee may be standard, but it certainly isn't the high end. You need to decide what you're willing to pay for what you're receiving.

How much money should you have before talking to a financial advisor? ›

Some traditional financial advisors have minimum investment amounts they require to work with clients. These can range from $20,000 to $500,000 or even more. Why? Because their fees need to cover their time and expertise, and managing smaller portfolios may not be cost-effective for them.

What is the safest investment with the highest return? ›

These seven low-risk but potentially high-return investment options can get the job done:
  • Money market funds.
  • Dividend stocks.
  • Bank certificates of deposit.
  • Annuities.
  • Bond funds.
  • High-yield savings accounts.
  • 60/40 mix of stocks and bonds.
May 13, 2024

How much cash should 70 year old have on hand? ›

You generally want to keep a year or two's worth of living expenses in cash in retirement. Not having enough cash could force you to sell your investments at a loss, while stockpiling too much cash could cause you to miss out on further investment growth.

Where is the safest place to put your retirement money? ›

Below, you'll find the safest options that also provide a reasonable return on investment.
  1. Treasury bills, notes, and bonds. The federal government raises money by issuing Treasury marketable securities. ...
  2. Bond ETFs. There are many organizations that issue bonds to raise money. ...
  3. CDs. ...
  4. High-yield savings accounts.
May 3, 2024

How long does it take for 100K to double? ›

How To Use the Rule of 72 To Estimate Returns. Let's say you have an investment balance of $100,000, and you want to know how long it will take to get it to $200,000 without adding any more funds. With an estimated annual return of 7%, you'd divide 72 by 7 to see that your investment will double every 10.29 years.

Where is the best place to invest $100,000? ›

6 approaches and strategies to invest $100,000
  • Park your cash in an interest-bearing savings account.
  • Max out contributions to retirement accounts.
  • Invest in ETFs.
  • Buy bonds.
  • Consider alternative investments.
  • Invest in real estate.
May 16, 2024

What should you do if you have $100000? ›

Investment Options for Your $100,000
  1. Index Funds, Mutual Funds and ETFs.
  2. Individual Company Stocks.
  3. Real Estate.
  4. Savings Accounts, MMAs and CDs.
  5. Pay Down Your Debt.
  6. Create an Emergency Fund.
  7. Account for the Capital Gains Tax.
  8. Employ Diversification in Your Portfolio.
May 17, 2024

How much invested to make $5,000 a month? ›

To generate $5,000 per month in dividends, you would need a portfolio value of approximately $1 million invested in stocks with an average dividend yield of 5%.

How much would I have to invest to make 3000 a month? ›

Imagine you wish to amass $3000 monthly from your investments, amounting to $36,000 annually. If you park your funds in a savings account offering a 2% annual interest rate, you'd need to inject roughly $1.8 million into the account. This substantial amount is due to savings accounts' relatively low return rate.

How much will I make if I invest $1,000 a month? ›

Investing $1,000 a month for 20 years would leave you with around $687,306. The specific amount you end up with depends on your returns -- the S&P 500 has averaged 10% returns over the last 50 years. The more you invest (and the earlier), the more you can take advantage of compound growth.

How much do I need to invest a month to become a millionaire? ›

If you're starting from scratch, online millionaire calculators (which return a variety of results given the same inputs) estimate that you'll need to save anywhere from $13,000 to $15,500 a month and invest it wisely enough to earn an average of 10% a year.

Top Articles
Latest Posts
Article information

Author: Ouida Strosin DO

Last Updated:

Views: 6426

Rating: 4.6 / 5 (76 voted)

Reviews: 91% of readers found this page helpful

Author information

Name: Ouida Strosin DO

Birthday: 1995-04-27

Address: Suite 927 930 Kilback Radial, Candidaville, TN 87795

Phone: +8561498978366

Job: Legacy Manufacturing Specialist

Hobby: Singing, Mountain biking, Water sports, Water sports, Taxidermy, Polo, Pet

Introduction: My name is Ouida Strosin DO, I am a precious, combative, spotless, modern, spotless, beautiful, precious person who loves writing and wants to share my knowledge and understanding with you.