5 things that self-made millionaires do differently
Thinking of joining an MLM as your side hustle? Read this first
10 business lessons from a lemonade stand
Instead of just accepting the current wave of repayment increases from your bank, it can be really worthwhile to look around for a better deal and refinance. And lots of people are doing just that. A record breaking $18.88 billion of loans were refinanced in August, while $201 billion worth of home loans have switched… Read more »
As the dust has now settled after last week’s interest rate hike by the Reserve Bank, economists have been reassessing just how many more hikes are to come in this interest rate cycle. Three of the big four banks have revised their forecasts, after the lower than expected 0.25 per cent RBA October rate hike.… Read more »
Regular readers won’t be surprised by the current property downturn as I’ve been talking about it for the 18 months… but you might be surprised by the pace of the property value drop compared with previous downturns. As you all know, I reckon history can tell us a lot about current investment cycles and property… Read more »
Building a long term share portfolio is a lot like coaching an AFL footy team. Stock selection is all about the right companies, playing the right roles and in the right positions. A lot of people have trouble knowing how to build a strong portfolio of shares and I often explain it using the AFL… Read more »
I love sport. I’ll watch anything that is played well and at footy finals time we get to watch the best play the best. Obviously, with my association with Port Adelaide Football Club, I’m a mad AFL fan. While I love watching remarkable sporting achievements from the stands, I also marvel at the focus, training… Read more »
I did warn over the last few weeks that many of the sharemarket experts were stashing away cash to take advantage of another sharp correction down. It came with a bang this week… the biggest one day percentage drop on Wall St since 2020. Why? Inflation. It’s driving global financial markets because inflation determines interest… Read more »
Index investing a considered a lower cost way to diversify your portfolio, but it’s worth noting that these kinds of funds can also have an impact on your other share investments. Many big superannuation and investment fund managers follow strict investing criteria, which is often based around investing in stocks within a certain stock market… Read more »
The manic profit reporting season of our listed sharemarket companies finished this week. Every day we were bombarded with so many results it’s hard to keep track. So now it’s over, what were the big-picture themes? Investment news site FNArena monitored the proportion of companies that had beaten or missed consensus forecasts with their earnings… Read more »
Imagine putting up your fees then back-charging your customers for the previous financial year? Hard to believe, but that’s exactly what Australian Super just did. Tell me any organisation that at the end of the financial year is able to get away with going back to customers and telling them they are putting up their… Read more »
The big four are always quick to raise their home loan rates, but really drag their feet to reward savers. Here’s where to find the best savings rates. All of the big four banks have hiked their variable home loan rates by 0.5 per cent after the latest RBA increase, but not all their savers… Read more »
