Investing can be intimidating especially with all the jargon thrown around. Capital gains! Efficient market hypothesis! Rate of return!
Thankfully, you don’t need a PhD to be a successful investor. But, there are a few terms you should familiarise yourself with on your journey to financial security. Two of the more confusing are dividends and distributions. Often these terms are used interchangeably, even though they have very different meanings.
The two most common type of scams used on Australians are dating and romance scams, and investment scams. Between them they accounted for almost $50 million of the $83.6 million reported to the Australian Competition and Consumer Commission’s (ACCC) Scamwatch service during 2016.
While we’re not qualified to provide guidance on how to enhance your love-life, we are very much dedicated to improving your financial life, and that means providing you with the knowledge to avoid investment scammers. Here’s what you need to know.
Continue reading “How to protect yourself from an investment scam”
Whether it’s early days or it’s been a while, have you given some thought to how you and your partner manage money as a couple? Money can be a huge source of tension in any relationship – Harry explains how to best handle it.
Continue reading “Ask Harry: What’s the best way to handle finances as a couple?”
It’s one thing to know that you should save a portion of your income, but how much should you actually be saving? Do you still save if you’re paying a mortgage off? Relax, Harry’s got your answers. Continue reading “Ask Harry: How much money should I be saving?”
Let’s be honest, we’ve all fantasised about winning the lottery and never work again/buy that Tesla/have a European summer holiday and boast about it on Instagram…
This week, we ask Harry what he would actually do if he won $10,000.
Continue reading “Ask Harry: What would you do if you won $10,000?”
Rentvesting. It’s the new new thing. Buying an investment property while continuing to rent elsewhere.
Most do it with no intention of ever living in their purchase. For many it’s a way to hedge against ever rising property prices, in the hope that one day the sale of their investment property will provide a decent deposit for the home of their dreams.
There are benefits to getting on the property ladder for sure. But property investing is not without its share of risks, and so if you’re considering taking the plunge you should make yourself aware of the key ones.
Here then are six risks you ought to consider when investing in property.
Continue reading “The risks of investing in property”
Finding a place to rent (let alone buy!) in Australia can be competitive and stressful, and sometimes downright exhausting. This week, Harry shares his take on how to budget for your rent. Maybe you can afford to rent out that two-storey townhouse after all!
Continue reading “Ask Harry: How much rent is too much rent?”
With yet another financial year over, we take the opportunity to look back on the past twelve months and review what it has meant for investors.
Continue reading “Investment Markets Year in Review”
Last night liberal treasurer Scott Morrison handed down the 2017/18 Budget. As Commonwealth Budgets go — and I’ve sat through my fair share over the past twenty years — it was remarkably uncontroversial, with many of the key initiatives being widely telegraphed in the weeks leading up to budget night.
We’ve combed through the papers and pulled the top 5 Budget announcements that we think our clients should know about.
Continue reading “5 ways the new Budget could affect you”