Why volatile markets separate true investors from the rest

Male looking stressed out in front of his laptop computer

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.

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5 important financial conversations to have with your partner

clouds in the shape of hearts

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, having an open and honest conversation with your partner about money management and financial goals is an important step in any relationship.

But, since it can also be a tricky subject to bring up, Kirsty Lamont from comparison site Mozo has shared five money conversations that you might need to have with your significant other and her tips on how to tackle them without killing the mood. Continue reading “5 important financial conversations to have with your partner”

Clover and Vinomofo Customer Promotion

 

Vinomofo logo
Vinomofo Campaign

We’re partnering with our friends over at Vinomofo and are raising a glass to your financial future!

Until 17 March 2018, when you open a new Clover account, you’ll receive a free* case of mixed red wine from Vinomofo.

Wait…what? Seriously?

Yes, seriously.

You’ll get all the benefits of Clover’s low cost, hassle free investing, superb customer service AND a case of wine.

Sound good?

Then head over to this page or click the button below to learn more.


*Promotion expires 17 March 2018. Minimum $2,500 investment held for six months. If you close your Clover account before six months, you will receive your invested funds in full, less the case of wine’s $119 value.
Click here to read the full promotional terms and conditions.

Are you getting the most value out of your bank?

Getting Value From Bank

A lot of us inherit the financial institutions of our parents, mainly because they set up our bank accounts for us when we were just little tackers who were too young to do the comparison shopping ourselves.

As a result, a lot of us sail through our young adult lives with a bank we didn’t actually choose, and which may not be giving us the best deal on the market. Fortunately, the advent of the Internet has made finding the best banks infinitely easier. The secret is knowing what to look for.

Here’s what to look out for when choosing a bank.

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10 things to cut from your budget

coffee-cup-cut-budget

The beauty of budgeting is that it helps you realise when you’re making ridiculous impulse purchases at IKEA again, but what a lot of Australians don’t realise is that a bundle of that extra money you could be saving each month is disguised as ‘essential purchases’ in your budget.

Here are 10 ways to trim the fat from your budget this year and save a bucket load.

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