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
Many people become a property investor to open a new investment stream, but it can be a full time job. Owning property requires work and time and there can be a lot of responsibilities, rules and costs. So why should you invest in property if it presents such headaches? Well, the answer is simple. The… Read more »
Astute investors watch for warning signs that indicate when share prices are heading for a drop. No matter which company you’re investing in, there’s always an element of risk. Anyone who tells you otherwise has found a crystal ball or is telling porkies. If a company suddenly downgrades their profit forecast or a big contract… Read more »
If you’re anything like me, buying groceries is one of your biggest budget blowout areas. If we save on groceries, we’ll free up plenty of cash. I belong to quite a few budgeting Facebook groups (‘course I do) and I’m always amazed when someone pipes up that they spend something like $112 to feed a… Read more »
You’re cashed up and ready to invest, but you have no idea how to actually buy your shares! It’s time to find a good broker so they can do it for you. Rather than knocking on the doors of a company with a wad of cash or a chequebook wanting to invest, you need a… Read more »
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 »
