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
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 »
Reframe sharemarket volatility to help you keep your cool when the market drops. After all, there is no gain in reacting to short-term market prices. On Monday 16 March 2020, as COVID fears spread, the Australian sharemarket (S&P/ASX 200) fell by its biggest daily percentage on record, losing almost 10 per cent. The S&P/ASX 200… Read more »
Rather than leap straight in, expert investors often use a ‘nibble’ strategy before taking further action. It is fascinating to me how professional investors are handling these volatile times on the sharemarket. Clouded by rising inflation and interest rates, the political tensions around Ukraine and the fundamental shift away from growth to valuing investing, equity… Read more »
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 »
Even the most experienced investor can be guilty of making these investing mistakes, but they’re especially common when you’re just getting started. You’re at a party, and after a few drinks your friend lets it slip they’ve “actually just invested in ‘TechHub Ltd’, apparently one of the hottest tech startups in Australia at the moment.”… Read more »
Knowing the answers to these questions will help you start investing, as well as sleep better night after night. So, you’ve got some cash set aside and want to start investing. Hopefully you’ve made this decision with the help of a financial adviser, but you may have decided to go it alone. Either way, there… Read more »
Currency hedging can protect you against movements in exchange rates, but is it always a good idea? When you invest globally you are not only exposed to the risk of the investment, you are also exposed to exchange rate risk. That is, the risk that the currency you purchase the asset in (e.g. British Pounds)… 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 »
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 »
In a nutshell, dollar cost averaging is an investment strategy that can minimise your risk. When it comes to trading shares, the old adage of buy low sell high seems to make perfect sense. But no one can predict the future and even investment professionals struggle to time the market correctly. As for everyday investors,… Read more »
