It was August 1997 and there I was, a mere few months in my new role as a Para-Planner (the term for a Financial Planner in training) with the private client arm of one of the world’s largest accounting firms.
As is typical of many twenty-something year olds with a finance degree, I rated my ability as an up-and-coming share market wiz highly. I had already built up a small portfolio of direct shareholdings in what could best be described as ‘speculative’ positions, with plans to add newbie miners, biotechnology startups and the fledgling “World Wide Web” enabled tech sector.
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 …
If the surging popularity of Bitcoin has somehow passed you by, you may have been living under a rock. The cryptocurrency’s value has skyrocketed this year from $1,341 in January to a new high of around $25,000 (in Australian dollars) this month. It’s not a surprise Bitcoin is on everyone’s lips, and many are wondering if they should try their luck trading bitcoin.
Here are a few things you should be wary of before buying or trading bitcoin.
Investing is one of the best things you can do for your money, but taking the plunge into the world of investments can be a daunting one, especially if you don’t know much about it.
The first step to investing well is doing the research, which means you’re basically halfway there. Almost. There’s still a bit to know before you buy your first share. Luckily for you, one of the greatest advantages young investors have is time.