Take it from someone who’s learnt the ins and outs of the sharemarket the hard way; it’s expensive, exhausting and a waste of time to learn your own investing lessons. By Alex Brophy They say financial markets have short memories, which is why they always seem to fall down the same holes. Rampant speculation, asset… Read more »
Managing money in your 60s is all about getting your retirement ducks in a row and moving onto the next phase of your life. In your early 60s, retirement is likely within reach and it’s time to be thinking about it at a microlevel. Planning for retirement should focus on planning your finances for life… Read more »
Rates seem to be staying down for now, so what are your low interest rate investing options? Despite all the media hoopla, the RBA has chosen to keep interest rates as they are for now. Governor Dr Philip Lowe suggests that it’s steady as she goes for the foreseeable future. “The Omicron outbreak has affected… Read more »
If you want to get rich, start with some basic foundations of wealth and build from there. The Australian Stock Exchange reports that nearly 25 per cent of investors over the past two years are aged 18 to 24. These young Australians were found to be knowledge seekers, keen to take on life and begin their… Read more »
You can make money through active or passive investing – or even a little bit of both. Just know what you’re getting yourself into with either approach. There are plenty of different ways to make money investing. The important thing is that you find one that works for you and stick to it. Consistency and… Read more »
Many landlords don’t realise the full advantage of the tax depreciation deductions available on their investment. With tax time fast approaching, I reckon depreciation is one of the least understood financial advantages for property investors. Many landlords are surprised to learn that they can claim depreciation as a tax deduction over the lifetime of their… Read more »
At what point does a self-managed superannuation fund (SMSF) become viable against the big funds? It’s one of the age-old questions of superannuation: at what point is it viable from a cost and performance perspective to transition to a SMSF? In years past, a general rule of thumb was that you’d need to have $750k-$1… Read more »
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 »
