SUMMARY: Cash is dead. And it’s time SMSFs woke up to the real cost of their love affair with the folding stuff. There’s always an exception to the rule. … Read More ‘Cash is king’ is dead
Tag Archives: Interest rates
Success is a great feeling. What’s been your greatest financial achievement?
BLOWING our own trumpets? Most un-Australian. We don’t like bragging. Usually makes us sound like tossers. But that’s what the editor wants, so … I’ve got two answers. One personal, … Read More Success is a great feeling. What’s been your greatest financial achievement?
Even the experts can make mistakes. What’s the silliest financial blunder you’ve made?
It’s natural to feel like an idiot when you make a mistake. But if soon afterwards you feel smarter, it’s because you’ve learned something. Yeah, I’ve stuffed up on occasion. … Read More Even the experts can make mistakes. What’s the silliest financial blunder you’ve made?
Too good for too long, apparently…
I know the call is coming. I should pre-empt it and call first. Or just raise it during a Sunday night Skype chat with them and the grandkids. It’s the … Read More Too good for too long, apparently…
It’s budget day tomorrow. What are your top three budgeting tips?
WHOA! Let’s bugger off this word “budget”, okay? It puts everyone, except Treasury officials, to sleep. Tomorrow night’s federal snorefest – well, I’ll be watching – has virtually … Read More It’s budget day tomorrow. What are your top three budgeting tips?
It’s composting awareness week! What eco practices can we all do to save money as well?
“Cash-a-can, cash-a-can, it’s lots of fun to do!” My first inkling that being a tree-huggin’ hippy could be financially rewarding was via that 70s TV jingle. Every kid I knew … Read More It’s composting awareness week! What eco practices can we all do to save money as well?
Exploiting low rates 2: Good numbers for gearing
SUMMARY: It’s the perfect cocktail for SMSF property investors. Two parts rising asset prices and one part low-interest rates. So, the bookies were wrong. An interest rate cut was odds-on … Read More Exploiting low rates 2: Good numbers for gearing
Buying property a 10-year game
If you understand one fundamental “law of life”, making improvements to your lot becomes so much simpler. That law is this: “No long-term good ever comes without sacrifice”. Ever lost … Read More Buying property a 10-year game
Mortgage rates remain at historical lows. How you can make the most of them?
Don’t cheer too hard. Leave the champagne on ice. Suck up to the boss. Batten down hatches. Interest rate cuts, sure, are like a pay rise. Sort of. Sadly, they … Read More Mortgage rates remain at historical lows. How you can make the most of them?
Property in a DIY fund can be a monstrous investment
SUMMARY: Low interest rate warning for SMSFs and potential property investment. Just when you thought the bonfire was fizzling out, the Reserve Bank throws on a little fuel. The Reserve … Read More Property in a DIY fund can be a monstrous investment