From market research and speaking to our customers, we discovered that women know investing is a great way to grow their savings, but many feel that it’s out of their reach or too risky.
When anyone invests, it isn’t just about growing their wealth, it’s a pathway to financial independence. It’s not enough to just be saving in a cash account, especially after you take tax and inflation into account . Investing does carry risks but smart investing is about balancing risks with rewards.
There’s a saying among seasoned pilots that flying can best be described as long stretches of boredom punctuated by moments of sheer terror.
Many investors, reeling from the recent pullback in the US sharemarket that commenced on 5 February after the stellar returns of 2017, would no doubt share these sentiments.
For newer investors who’ve never experienced a share market pullback of this size and speed, the recent movements must have been nerve-wrecking. Media headlines screaming “market rout”, “bloodbath” and “worst point decline in history” certainly didn’t help matters either, stoking fear in the investing public for the sake of clicks, views and readership.
If you’ve just had your first experience of a sharemarket dip, welcome to the club. Grab a seat and catch your breath. It may be your first market correction but it will almost certainly not to be your last. All-time sharemarket highs followed by the occasional reversal are a feature, not a bug, of long-term investing.
First things first: if you’re sipping on a beautiful red or white right now, that already says a lot about your awesome personality. Cheers! But it turns out that your favourite tipple gives a lot more away about what type of person you really are – the wine you love might say an awful lot about what sort of investor you are.
With Valentine’s Day coming up this week, loved up couples everywhere are talking dinner plans, presents and romantic gestures. But there’s one other thing you might want to bring up with your special someone and that’s money.
Because, ok, while financial discussions might not seem like the most romantic topic under the sun, havingan open and honest conversation with your partner about money management and financial goals is an important step in any relationship.
Call us romantics, but if you have someone special in your life, you should be celebrating that love on a regularly basis – not just on Valentine’s Day. The smaller gestures make a big difference. However, we don’t blame you if you want to take that special someone out for a date this Valentine’s Day. But no need to spend a fortune because that’s not what romance is about.
So you’ve scrimped and saved, whipped your investment portfolio into shape and now you’ve finally saved up a decent-sized home deposit. That’s the hard bit done, right? Well, not exactly.
Don’t get us wrong, saving up a home deposit is no small feat – but when it comes to the process of buying your first home, it’s just the tip of the iceberg. Now it’s time to think about all the other things you should know when making your first property purchase.
We’ve asked Steve Jovcevski, property and home loan expert at comparison site mozo.com.au to share some of his top Dos and Don’ts when it comes to taking your first step on the property ladder.
The 106th Australian Open has been served, volleyed and aced to victory right here in Melbourne, and that’s why it’s forehands, breakpoints and double faults are on our minds.
The combination of Aryna Sabalenka’s ridiculously loud grunting at Melbourne Park and the tantalising $4 million taken home by the men’s and women’s singles champions really got us thinking. Winning big sports tournaments like the Australian Open and succeeding in investing really are similar in many ways.
Both the Australian Open tennis champion and a successful investor …