Ask Harry: What’s the difference between a dividend and a distribution?

dividend distribution

People often tell me that they find investing intimidating because of all the technical language involved in becoming a competent investor.

Thankfully, for the most part you can be blissfully ignorant of 99% of the technical terms in finance and still beat the majority of professional investors out there.

I’d go so far as to say that keeping things uncomplicated is the key skill you need to develop if you’re going to get ahead financially.

That said, there are a few terms you really do need to 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.

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How to protect yourself from an investment scam


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.

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Saving up for a house deposit? Here’s what you need to know.

things to think about before buying first home

Remember when you could buy a three bedroom house with a rear garden within 20km of the CBD for less than $350,000? Yeah, neither do we.

According to CoreLogic’s latest property price data, the average Sydney house is now a whopping $1.08 million, with Melbourne not too far behind at $811,000, Canberra at $645,000 and Brisbane at $527,000.

Depending on the city in which you live, your income and saving capacity, it may take up to 10 years to save up for a deposit, especially if you want to avoid Lenders Mortgage Insurance by saving at least 20% of the total purchase price.

They say a journey of a thousand miles starts with a single step, so if your destination is property ownership, and ideally before your forties, read on.

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10 signs you’re ready to start investing

ready to invest

While many young people nowadays have already hot footed their way into the stock and property markets, for the majority, ‘investing’ is still a daunting word.

If you’re interested in growing their wealth, there are a number of ways you can work out if redirecting a portion of your income or savings into a financial growth vehicle is something that fits your current lifestyle and position.

So, here are 10 signs you’re ready to start investing.

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7 steps to sort out your super


Why bother saving for retirement when it seems so far away? The trickiest thing about retirement planning is that we simply don’t know how long we’re each going to live.

A typical 30 year old male can expect to live another 51.3 years according to recent data from the Australian Bureau of Statistics, while a female of the same age can expect to live another 55.1 years. And that’s the average person. If you have longevity in your family, earn an above-average income and don’t add to risk factors such as smoking, inactivity or a poor diet you could live well into your nineties.  

Here are 7 quick steps to getting your super sorted in a jiffy.

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