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
What does ‘enough money’ mean? In truth, there’s no magic number, but there are ways to tell if you have enough for you. Most Australians dream of being rich. To be so ‘well off’ that they don’t have to worry about money. They idolise celebrities who seemingly have it all. They try to keep up… Read more »
You’re filing in your home loan application (congrats, BTW), but the request for genuine and non-genuine savings has you stumped. Since when were savings not real savings? When filling out your home loan application, one of the most crucial aspects that your provider will request will be proof of the amount of money you have… Read more »
Are FAANG stocks still worth the hype? Facebook (NASDAQ: FB), Amazon (NASDAQ: AMZN), Apple (NASDAQ: AAPL), Netflix (NASDAQ: NFLX) and Google (NASDAQ: GOOG) are not only five of the most prominent tech companies in the world, but they also dominate as the largest tech stocks in the US market. Referred to collectively by their acronym… Read more »
Learning the big sharemarket lessons needn’t cost you your savings. On any given day, week or month, share prices are affected by variables that are outside an investor’s control. When those variables make the sharemarket go up, we celebrate. But when things are down, many panic and start offloading their shares in an attempt to… Read more »
There’s a famous money rule you’ll likely have heard of called the Rule of 72. It’s a simple equation that’s actually a valuable tool to help you project interest rates and their output over time. Many people attempting FIRE use the Rule of 72 to work out how much money they will need to reach… Read more »
It’s Melbourne Cup time and millions of Aussies will be putting their betting skills to the test hoping to win big. Spoiler: most won’t. Unfortunately, the average punter isn’t going to walk away with anything close to the $4.4 million the winning horse will take away. In fact, chances are most people will be waking… Read more »
Infrastructure investing provides attractive opportunities to investors looking beyond traditional asset classes to diversify their holdings. Investing in infrastructure means you’re putting money into companies that own and operate essential public assets. These assets are usually necessary services to the community and include the following: Toll Roads Railways Airports Ports Water and electricity supply Communication… Read more »
If you find savings plans impossible to stick to, you haven’t tried trickle method saving. It will work for even the least engaged saver. For some, saving is easier than others, so it’s about finding the balance in your life that works for you. Some people are comfortable saving huge chunks of their pay and… Read more »
There are benefits for home owners during a property boom. One is that the equity in your property rises, adding to your wealth. While the value of a loan basically stays the same, or reduces if you’re on a principle and interest loan, a rising property market means the share you own in your place… Read more »
If we had to mention a single commonality between investing and gambling, it would be that both contain an element of risk. But that’s where the similarities end. The high-stakes action of GameStop, an American chain of video games stores, triggered users of the internet forum Reddit (r/wallstreetbets) to make headlines earlier this year. This… Read more »
