Key points are as follows… · Periods of declines and volatility in share markets are a normal part of the way they work. · Share market falls tend to be deepest when associated with recession (particularly US recessions). · Share market falls boost the medium term return potential from shares and once share markets bottom they are invariably…
Uncertainties regarding China, commodity prices, emerging countries and the Fed could see the correction in shares go further in the short term. A disappointing start to the Australian profit reporting season is also not helping Australian shares. · However, this looks more like a correction than a new bear market as we have not seen…
Over long periods of time shares and other growth assets deliver for investors via the power of compound interest. · However, cyclical swings can frequently throw investors off and reacting to periods of poor returns by moving to cash only locks in losses and poor long term returns. · So the key for investors is…
Invested wisely, an inheritance is a great opportunity to get ahead financially. But what’s the best way to invest it? If you’ve come into a large sum of money, you want to make sure you make the most of it. So is it better to pay off your mortgage or invest it for retirement? Paying…
We all like to put things on credit from time to time. But you may be shocked to find out how much your credit card debt really costs. Content There’s no question that credit cards are a convenient way to pay for things you need – or want– but that you haven’t quite managed to…
The Greek No vote means more uncertainty ahead regarding Greece, with significantly heightened risk of a Greek exit from the Euro. · The threat of a flow on to other Eurozone countries is likely to keep markets on edge in the short term. However, contagion is likely to be limited as the rest of Europe is…
Australians now owe more on their mortgages than ever before, with the average home loan leaping to $433,000 in June 2014 – a rise of 10% in a year.1 But with just a few easy steps you can take years off your loan and thousands off the interest you pay. If you’re not looking forward…
Gone are the days when you had one job for life – an 18-year old who enters employment this year can expect to have a total of 17 different jobs and five career changes over a working life that spans until age 751. If you’re ready for a career change, here are five things you…
Key points are as follows… · Australian economic growth came in at a stronger than expected 0.9% in the March quarter, but remains subpar on an annual basis at 2.3% and demand remains very weak. · More help is likely required via a lower $A (expect to see $US0.70 by year end) and maybe another…
As the end of financial year approaches, the ATO is once again taking the magnifying glass to our financial affairs, to ensure we’re all paying what we should. With new technology making it easier for the ATO to check data on tax returns against details from banks, employers and government agencies, you need to meet…