Financial advisors stand to benefit from the rapid innovations of the financial technology industry. Staying updated with financial technology is crucial as the younger Internet generations start to accumulate wealth and seek out advice on how to balance modern and traditional ways to manage and invest money. Continue reading “Why financial advisors should embrace fintech”
A research report from RMIT on women and money in Australia found that 48% of women were not willing to take any financial risks at all. For many women, their hard earned savings is not something they are prepared to risk.
A common perception of your typical investor is what we see in mainstream media from movies like The Wolf of Wall Street. What we aren’t shown is that there are several ways to invest and many of them don’t involve speculating on hot stocks.
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 …
Ask a seasoned Australian investor, and they will have little doubt about why they put their money to work. They’re thinking about retirement, paying off homes and giving their kids a financial boost, building great businesses – building wealth.
But when it comes to younger Australians, it’s more challenging to encourage them to start making smart investment choices. The vast majority don’t invest at all, with many saying they can’t afford it or simply don’t know enough.
Investing can be daunting for anyone who’s never done it before, beyond putting their money into a high-interest savings account (that may not even keep up with inflation).
But investing doesn’t have to be scary, in fact it should be exciting, because at the end of the day you’re growing your wealth. The trick to it is understanding the basics, so we’ve pulled together five fundamentals that’ll help you manage your money in the market.
Here are five rules to live by when it comes to investing.
The two most common type of scams used on Australians aredating 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.