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
If profit is the only goal you have with investing, then you’re missing out on the bigger picture, writes Australian Investment Education’s Andrew Baxter. Ask most investors what their primary goal is, and you’ll invariably get the same answer: “I want to make a profit.” Fair enough. It’s a very important goal. You’re not just… Read more »
‘Strike when the iron is hot’, the saying goes. When it comes to buying property, people tend to be wary of a heated market with high interest rates. But here’s how you can take advantage. Not too late The residential property market has shown great growth over recent years and when markets are this high,… Read more »
As I’ve been saying, there will be no interest rate cut until 2025. Let’s take a closer look at the new CPI figure … Before the latest quarterly CPI figure was released, financial markets had factored in a 30 per cent chance of an interest rate cut at the December Reserve Bank board meeting. After… Read more »
Thinking of staying put in the family home, rather than downsizing in retirement? A reverse mortgage is worth considering. Here’s what you need to know. If you’re over 60 and own your home, a reverse mortgage could let you tap into some of that hard-earned equity without selling up or moving out. But reverse mortgages… Read more »
Since Paul Keating floated the Australian dollar 30 years ago, the average value against the US dollar has been in the mid to late US70 cent range. That’s a big range for such a small economy. In fact, the Aussie dollar is one of the most traded currencies in the world. A high Australian dollar… Read more »
Wrap your head around super pension payments with this explainer: Superannuation is arguably the most tax-effective way to save for retirement here in Australia. But when it’s finally time to tap into your hard-earned money, there’s a big decision to make: do you take a lump sum or start drawing a pension from your super?… Read more »
Investing can appear to be daunting and complicated. But it doesn’t have to be if you understand investing isn’t a one-size-fits-all game and knowing your risk profile makes your decision making so much simpler. How much risk you’re comfortable with when putting your money to work cuts down your choices, makes choosing the right investment… Read more »
Term deposits have long been a popular option for Australians who want a safe investment harbour for their savings. But now that interest rates on term deposits have started to slide, many investors are wondering if there are better options out there. How, exactly, can you get the most bang for your buck? If you’re… Read more »
Did you know you could get a lower interest rate and improve the value of your home while making it more energy efficient as well? According to a Compare the Market analysis, borrowers with a $750,000 loan could reduce their monthly repayments by $170 when they refinance from an average variable rate of 6.3 per… Read more »
Abolish negative gearing at your peril … but there is no doubt it needs reform. The system is being rorted! Negative gearing was introduced into Australia in 1936, in the midst of the Great Depression, to encourage investors to buy property and then rent them out to those who can’t afford to buy their own… Read more »
