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 »
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 change my money habits? Planning, setting goals and tracking where our money goes are all valuable tools, but they’re nothing if we don’t action them. You can have… Read more »
There’s not a person among us who wouldn’t fancy an extra $1 million when it’s time to retire. Even better, it’s actually pretty easy to find it. By Ben Ford Do you know how much money you’ll have to live on when you retire? Do you know how much you’ll need? Do you care? Newsflash: You absolutely… Read more »
The Gunners were right! Once you’ve got the money basics sorted, patience is really all you need. It turns out that one of the key methods to grow your wealth requires you to do nothing much at all. At least, nothing much after you’ve set a few important plans in motion. Once you’ve set your… Read more »
