Property Myth Busting If you’ve always thought property prices only go up… With so much emphasis on property in the media, it can be difficult to sort fact from fiction. But before investing in any type of asset—including property—it pays to consider the pros and cons, and any commonly held misconceptions. We bust 3 property myths. Myth 1: Prices always go up Believing that property always goes up is understandable—especially given prices have dramatically increased …
How to Get Yourself Independent from Credit Cards Credit cards have almost become a necessity in today’s world for most people. They have made the use of hard cash a little less important in society while simultaneously becoming something on which people seem almost hooked up. Credit cards can be used constructively to have a positive impact on your life. However, there may be times when they cause a negative financial situation in your life. …
Sun shines on local holidays No matter how far and wide they roam, Aussies still love to call Australia home. Increasingly we are seeing this Great Southern Land as an attractive alternative to holidaying overseas. For a while, the lure of exotic destinations was enhanced by the Aussie dollar’s buying power as it soared against foreign currencies. Value for money That was then. From its high of US$1.10, the Aussie dollar has dipped below …
Downsizing – is it right for you? If you are heading towards retirement, or perhaps already in it, downsizing may have crossed your mind. And you might have some questions – does it make sense financially? Is a smaller home better suited to my situation? At first glance, it would seem that downsizing is a popular choice amongst older Australians. However recent research (Downsizers and Other Movers – The Housing Options Choices and Dilemmas …
Living longer, living well A century ago few Australians lived long enough to enjoy a life after work.i These days, the average retiree can look forward to almost two decades of travelling, playing with the grandkids and generally enjoying life. In fact, a baby born today can expect to live to 91 if it is a boy and 93 if it is a girl. According to the latest government figures, the number of Australians aged …
Top places to retire in Australia and overseas As Australia’s cost of living continues to rise, more and more retirees are seeking value for money–and not always in their own backyards. While some Aussies choose to stay in the family home in retirement, many are stretching their wings and enjoying life elsewhere in Australia, and overseas. Retirement hotspots in Australia Popular retirement destinations in Australia offer unique attractions: Sunshine Coast, QLD–a relaxed community atmosphere, local …
Four tactics to build an investment portfolio by Jeff Rogers, Chief Investment Officer, ipac Investment Management Learn strategies to help you focus on long-term wealth accumulation, so you can fund your aspirations for retirement. An increasing number of Australians are hitting retirement age, and more people are now seriously addressing the question of how they actually want to spend their retirement and how they will fund those aspirations. If you already have investment strategies …
Paying your bills in retirement Retirees and those nearing retirement have learned the hard way the importance of holding a portion of their nest egg in low-risk fixed income investments. During the financial crisis cash and bonds not only outperformed shares and property, they helped investors protect their capital and pay the bills.1 Now that interest rates on most term deposits are below four percent 2 and the official cash rate is at record …
Tips & traps of working part-time Can you live the dream? If you’ve ever daydreamed about working less hours, returning to a shorter week after having a baby or reducing your work days before retirement, there’s a lot to consider before making the move to a changed lifestyle. Australia has one of the highest rates of part-time, temporary or self-employed workers in the world (over 35%)1 who earn more per hour than their full-time colleagues. …
Money Saving Secrets For Housewives Become a Financially Savvy Housewife! Housewives usually don’t get the same level of acknowledgement as working women do- and you want to know why? That’s because they don’t earn! Bitter, as it may sound, but you can’t deny the truth. No matter, how much your husband loves you, if you have only added to his financial responsibilities- he might become frustrated. But there is no need to lose hope! You …
