The superannuation health check | Money & Life

The superannuation health check Does your super deserve a clean bill of health? Managing your super might seem tricky, but it doesn’t need to be. With a few simple tweaks, you can put the basics in place to last you a lifetime. Here’s how to do a quick and easy health-check on your super. It’s likely that your super will provide much of your income in retirement, so it’s worth spending a little bit of …

Bitcoin – it’s not a currency, it’s not a capital asset… so what is it?

Bitcoin – it’s not a currency, it’s not a capital asset… so what is it? Key points Digital currencies and blockchain technology may have a lot to offer – but that does not mean Bitcoin will be it. Due to extreme volatility, high transaction costs and slow processing, Bitcoin does not cut it as digital cash. But it’s not an asset generating cashflows either, which makes it impossible to value. Key for investors is not …

COVID-19: How long may your super savings take to recover?

COVID-19: How long may your super savings take to recover? As investment market volatility continues, what does this mean for Australians’ retirement savings? The COVID-19 (coronavirus) crisis has caused uncertainty in many areas of life, not least on investment markets. Share prices have been fluctuating wildly as investors react to unfolding global events. From its high point in March the Australian All Ordinaries Index shed more than a third of its value before recovering some …

What does a comfortable retirement look like?

What does a comfortable retirement look like? How much money you’ll need will depend on a variety of things. Have you got a plan in mind for when you retire? Is it to travel overseas, hit more balls on the golf course or spend time with family and friends? Whatever your goals, you’ll need to have a plan for how you’re going to get there financially. Comfortable versus a modest retirement Everyone’s idea of how …

Where Does All My Money Go? Time to Learn Money Management!

Where Does All My Money Go? Time to Learn Money Management! Ever get frustrated that why the money you earn is never enough to satisfy your needs? If yes, then you are not alone. Almost every other person is wondering where on earth do they spend all their money. If you don’t want to be bothered by this question ever again, then you need money management! You might have come across the term a million …