This important change of mindset can help investors become less distracted by what the markets are doing in the short term. It also gives you something more personal and more meaningful to measure the performance of your investments against. After all, you’re investing to achieve goals, not returns. So isn’t that what you should be focusing on?
One of the world’s most admired investors, Warren Buffet, is famous for saying “Don’t save what is left after spending; spend what is left after saving.” While this approach may not always be possible, even investing just a small amount regularly can make a big difference over the long term.
Almost half of industry super fund members are underinsured according to research from the Australian Institute of Superannuation Trustees & Industry Funds Forum . Don’t be another statistic – make sure you’re covered. If you’re like most Australians, your only...
Whether saving for a house or a holiday or seeking to grow or preserve their family wealth, setting up and sticking to a budget can help couples attain their common goals. By handling money well, they can avoid disagreements that could put a strain on their relationship. So how can people in a relationship keep their finances healthy? Here are some practical tips.
When it comes to spending money, your brain has a whole A to Z of biases steering you towards splashing out instead of sticking to your budget.
Child trauma insurance is highly emotive and there is no easy way to say it other than – what if one day you needed it? You may not be aware that some insurers offer this very specific cover, so this update provides you with some basic information.
A beneficiary is the person who will receive your life insurance payment should you pass away. When choosing yours, it’s important to think about who would be most financially vulnerable without you in their life. For most people, this is their spouse or children.
Being in your 40s often involves balancing different priorities. For example, you may need to care for your ageing parents, grow your career or business, and if you’re a parent, support your children. With all these responsibilities, it’s easy to neglect your own financial wellbeing, including building your long-term savings. But it’s not too late to try secure your future
Each month we release the Market Wrap that is compiled by our Chief Investment Office (CIO). Please call us to discuss any points which you find of interest!
The Australian Government is proposing to make it easier for recent retirees to save more super by allowing them to contribute for a year without having to show that they’ve been ‘gainfully employed’.