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
Filling up at the pump has never been so expensive. What drives the price of petrol so high and is there anything we can do about it? The price of crude oil is at multi-year highs and that has a flow-on effect directly to the bowser. In a nutshell, crude oil’s price has been affected… Read more »
Admitting you’re an emotional investor is actually pretty hard, but acknowledging your emotional biases might be just what you need to make more rational decisions. Are you an emotional investor? It’s a difficult question itself to answer without considerable bias. If you sat down and asked yourself about the types of decisions you make every… Read more »
Spoiler alert: the reason you’re broke is because you’re trying to be someone you’re not. By Georgie Koch It’s hard enough to keep your spending in check when all you’re trying to do is curb your own needs and wants, let alone when you make the dreadful mistake of trying to keep up with the… Read more »
Reframe sharemarket volatility to help you keep your cool when the market drops. After all, there is no gain in reacting to short-term market prices. On Monday 16 March 2020, as COVID fears spread, the Australian sharemarket (S&P/ASX 200) fell by its biggest daily percentage on record, losing almost 10 per cent. The S&P/ASX 200… Read more »
Each week we ask a question to help you focus on an area of your finances that might need a closer look. This week: Where should I start building wealth? You know you want to make changes to improve your financial health, but you have no idea where to start. That’s completely understandable because personal… Read more »
Rather than leap straight in, expert investors often use a ‘nibble’ strategy before taking further action. It is fascinating to me how professional investors are handling these volatile times on the sharemarket. Clouded by rising inflation and interest rates, the political tensions around Ukraine and the fundamental shift away from growth to valuing investing, equity… Read more »
Tap into the growing share economy to make and save money. There are plenty of ways to get involved. In economic terms, a ‘share economy’ is a socio-economic system built around the sharing of resources. A share economy uses an online platform to connect people who want to hire goods and services with those happy… Read more »
Investment bonds have been around for a long time, but many people are not completely familiar with how they work. Here’s a quick summary on what they are, and their risks and benefits. What is a Bond? A ‘bond’ is essentially a loan. It’s where governments and large businesses borrow money, with interest and principal… Read more »
Dollar-cost averaging can be an effective way of managing share investing risk – provided you’re patient. Put simply, dollar-cost averaging is an investing term that describes the strategy of making incremental investments over time, rather than investing all at once in a lump sum. The idea behind it is that you can reduce the impact… Read more »
Each week we ask a question to help you focus on an area of your finances that might need a closer look. This week: How can I buy my first home? It’s officially never been harder to get into the property market. Figures released by the Australian Institute for Progress show that it’s almost impossible… Read more »
