Key takeaways Setting a budget, creating financial goals and starting to save for retirement early can help set you up for financial security later in life. Creating an emergency fund can help protect you from unexpected and unforeseen financial circumstances in life. Additional contributions to your super on a regular basis can offer tax benefits … Read more
Index funds continue to outperform the majority of active managers over time, but a blend of passive and active funds can be a powerful combination. The Australian share market ended 2022 lower than where it started the year, and in between it was a bumpy ride for investors. Over 251 trading days, the S&P/ASX 200 … Read more
It’s no secret that scammers are getting more sophisticated. As this is an ever-evolving space, scammers are constantly developing new ways to part you with your hard-earned cash – and they cast their net wide. While it’s easy to think “it will never happen to me”, people who never expected to be victims of scams … Read more
Superannuation has dominated recent headlines, with proposed changes announced by Treasurer Jim Chalmers. While the details of these changes still need to be released, it’s worthwhile turning our focus to superannuation balances as we approach the end of financial year. There are lots of different ways to top up your super, but if you want … Read more
These days, most people hold some form of life insurance in their super account. While this is a welcome safety net, the level of cover held this way is often inadequate. A Rice Warner study back in 2020 found that life cover within superannuation only met about 65-70 per cent of actual need.i With the … Read more
Property investors say that succeeding in real estate is all about timing. Buying at the bottom and selling at the top is easier said than done as there is no easy way to predict exactly when the market is at its peak or trough. Many real estate experts agree that “time” is everything and it’s … Read more
Key takeaways People who are good with money are aware of their finances. They create budgets so they can be on top of their income and track their expenses They’re making saving and investing part of their routine Planning ahead with short and long-term financial goals, indicates you’re ahead of the game. Anybody at … Read more
Proposed changes to superannuation have the potential to reshape the retirement landscape. The objective of super remains the missing ingredient in the mix. At its most fundamental, successful investing is about getting the balance right between risk and reward. Some risks are front and centre; they are in your face (or at least on your … Read more
Crypto-assets (crypto) mean digital assets including cryptocurrencies, coins or tokens. They digitally represent your ownership of a value or rights to something. They may or may not be backed by physical assets. Crypto is a high-risk investment. The value of crypto is very volatile, often fluctuating by huge amounts within a short period. More than … Read more
Key takeaways Many women reach mid-life with a significant super shortfall. But it’s not too late to turn things around Track down any lost super and consolidate muliple super accounts Making additional contributions to your super savings can also impact your lifestyle in retirement. When was the last time you checked your super balance? The … Read more
The latest earning season proves that company dividend payouts are choppy. Casting your net wider will help capture broader income returns. If you own shares in one or more listed Australian companies, you may have been keeping an eye on the latest round of corporate earnings announcements. Earnings season is the equivalent of “peak hour” … Read more
It’s not just school leavers who dream of a gap year. Those of us who’ve been working for a decade or two (or more) may also long for a real break from career and commitments. An adult gap year is a chance to reset and to take stock of what’s important to you. There‘s the … Read more
