Many of us have probably received in our in-boxes spams for get-rich-quick-schemes with promises of making great amounts of money, effortlessly. If only getting rich was so easy. Rather than pipedreams being sold by spammers, here’s a list of 5 investment principles that have stood the test of time. 1. Asset allocation is very important Asset … Read more
Imagine yourself on selling day where you’re left wondering how you got the price so wrong. Now imagine the opposite, where your home sells for what you’d hoped – or more. It’s important that you’re confident about the market in order to develop realistic expectations on the outcome. And that starts with accurate, reliable information. … Read more
As 2022 begins, James Fitzgerald has 22 tips for taking control of your finances and becoming a savvy investor. #1: Build positive habits Start the new year by building positive habits around your money – whether it is saving, spending or investing. Identify productive behaviour and take action to stick with it. Commit to 21 successive days of … Read more
Key takeaways You can access your super if you’ve reached your preservation age and declare that you’re retired Other ways that make you eligible to access your super include taking on a transition to retirement pension, stopping work or if you’re 65 or older There are unique circumstances where you may be able to access … Read more
Prices for property, cryptocurrencies and shares have all hit records recently. While great news for investors, there’s always a risk that some people will jump into the market because they are afraid of missing out on easy money. FOMO, or the fear of missing out, has always been around on financial markets, but social media … Read more
When was the last time you looked closely at your loan, the progress you are making on paying it off and how it compares to others in the market? Analysing your mortgage could mean savings for you, as well as the opportunity to pay it off more quickly, invest in other assets or reach financial … Read more
Key takeaways If you’re a first-home buyer, you can put a little extra money into your super and then access this money, as well as a set investment return, to put towards a home deposit When you’re ready to buy, you can apply to withdraw a maximum of $30,000 ($60,000 for couples) from your super … Read more
If you‘re planning to sell your business in the future, start taking action as soon as possible. You’ll need time to implement the changes that will improve the market value of your business and help you get the price you want. Growth strategies Thinking of selling your business in five to 10 years? It’s worth … Read more
Two steps forward, one step back For the second year running, the pandemic was the focus for policy makers, markets, businesses, and individuals alike. The year began with hopes that the rollout of vaccines would stem the spread of COVID-19 and allow economies to reopen. Instead, most countries were hit by wave after wave of … Read more
Key takeaways The tax you pay on super is lower–for most people–than the tax you would pay on your regular income Generally, your super contributions are taxed at a rate of 15% which is deducted by your super fund If you’re retired and accessing your super as a retirement pension, your investment earnings will not … Read more
