Ford Prefect from Hitchhikers Guide to the Galaxy said it best: “Don’t panic! Don’t panic!” Household debt levels tend to rise through your 20s and 30s – home, investment and … Read More “Interest rates are set to start rising, some say sooner rather than later. How should people respond to this?”
The truth about DIY super and property
PORTFOLIO POINT: Residential property and your SMSF … today, we sort out a few misconceptions. There must be a great sociological explanation for Australians love of dirt, bricks and mortar. … Read More The truth about DIY super and property
“Australia has so far avoided a recession. What does this mean, and does it really matter if we have a recession or not?”
If you’ve ever been on one of those Hollywood-hippy, vitamin-enriched, strict fruit and vegetable juice diets, then you’ll know why Australia could do with a recession. For the rest of … Read More “Australia has so far avoided a recession. What does this mean, and does it really matter if we have a recession or not?”
You must learn from your mistakes
Life is about learning and most of us like to achieve those little milestones at our own pace. Some pick up things fast, some slow. And some, not at all. … Read More You must learn from your mistakes
“Debt became a dirty word during the global financial crisis. What debts should people banish immediately, and should any debt be embraced?”
Bah! Here we go again! People trying to make out that debt is either diseased, the devil, or a financial death sentence. Debt doesn’t cause cancer, it doesn’t wear Prada … Read More “Debt became a dirty word during the global financial crisis. What debts should people banish immediately, and should any debt be embraced?”
Beware super’s penalty zone
On the super contributions front, there’s a clock ticking. It’s attached to a bomb and if you don’t act quickly, it has the potential to cost you thousands of dollars … Read More Beware super’s penalty zone
“The share market’s slump since late 2007 has been punctuated by company failures. How do investors avoid getting stung by these?”
There are only two sure ways. Option one: “Use The Force, Luke”. Option two: Don’t invest. Sadly, precious few of us have completed any formal Jedi training with Obi-Wan Kenobi … Read More “The share market’s slump since late 2007 has been punctuated by company failures. How do investors avoid getting stung by these?”
“Protecting your assets is just as important as trying to increase them. What should people do to keep hold of their hard-earned gains?”
Trick question Gen X: “What’s your most valuable asset?” The standard answers are predictable – car, home, shares or super. My mate, Simon, includes his 80s superhero comic collection. Seriously. … Read More “Protecting your assets is just as important as trying to increase them. What should people do to keep hold of their hard-earned gains?”
Exclusive: DIY investors sitting in the sweet spot
PORTFOLIO POINT: Exclusive: DIY fund trustees … Memo to Australia’s politicians: The proof is out. Self-managed super fund trustees are no bunch of uneducated or lazy cash hoarders. They know … Read More Exclusive: DIY investors sitting in the sweet spot
Debt agreement could be better than bankruptcy
Amid the hail of economic gunfire, it will be little comfort to some Australians that some sunshine is trying to poke through. Banks are, selectively, lending again. Australia’s stockmarket is … Read More Debt agreement could be better than bankruptcy