The tax considerations for investing in ETFs can be complicated. But if you want to stay on the right side of the ATO, you need to know them. The boom in Exchange Traded Funds (ETFs) on the sharemarket has attracted thousands of first time investors. If you’re one of them, the Australian Tax Office (ATO)… Read more »
Despite a ‘home country bias’, investing overseas is picking up speed in Australia. Here’s what you need to know. Australian investors have long shown a ‘home country bias’, which is a fancy way of saying we prefer to invest in our own backyard. Some Australians have exposure to overseas shares via their super fund, but… Read more »
When it comes to building wealth no amount is too small to start. Whether it’s $1000, $100 or even $50, every single dollar can be put to good use to grow your wealth. It doesn’t seem much but investing a small amount on a regular basis is the key to wealth. You’ll be stunned at… Read more »
Everyone seems to be talking about ETFs right now, so here’s the lowdown on why Exchange Traded Funds are so damn interesting. While they can date their origins back to the 1990s, exchange traded funds (ETFs) truly took off this century. Their popularity is largely based on the ease with which they give investors access… Read more »
Australians might be obsessed with property, but it’s not the only way to invest your money. The team at Equity Mates outlines some alternative investment avenues you really should consider. You don’t have to be a genius to make money from investments. When it comes to investing, Australia is a very bricks and mortar country,… Read more »
The FIRE movement says you’ll retire in your 30s, but you have to work super hard to make that happen. FIRE stands for Financial Independence, Retire Early and the goal is to budget, save and invest aggressively so you can retire as quickly as possible. “Aggressively” means exactly that: you’ll need to save at least… Read more »
Yippee, you’ve scored a good looking return from the tax office this year. While you’re tempted to blow the lot, if you invest your tax return carefully you’ll set yourself up for long-term wealth. The ATO returned more than $1 billion to approximately 457,000 taxpayers in the 2019-2020 financial year. That’s an average return of… Read more »
Fraudulent investment scams reported to Scamwatch have cost Australians over $70 million in the first half of this year, reports the ACCC. Here’s what you can do to avoid falling victim. That’s a massive 53.4 per cent increase in reports about investment scams received by Scamwatch this time last year. Projected losses are set to… Read more »
Research group SuperRatings have completed a fascinating, and important, lesson into the cost of panicking in a crash. I know sharemarket crashes are stressful, but history tells us that those that keep their nerve come out winners. SuperRatings has proved the point. They looked at the impact of switching out of a balanced or growth… Read more »
Millennials may be seen as the generation who still watch Friends re-runs, spend too much money on avo toast and, wait for it, are apparently ‘lazy’. Some of these stereotypes are there for a reason (how many people watched the Friends reunion?), but the lazy part is far from the truth. When it comes to… Read more »
