Review of 2021, outlook for 2022 – recovery to continue as we hopefully learn to live with covid | AMP Capital

Review of 2021, outlook for 2022 – recovery to continue as we hopefully learn to live with covid Key Points 2021 was again dominated by the coronavirus pandemic, along with concern about higher inflation and monetary tightening but shares, unlisted assets and balanced growth super funds saw strong returns. Continuing solid economic growth, rising profits and still easy monetary conditions should result in good overall investment returns in 2022, but they are likely to be …

What does it really cost to raise kids? | Money & Life

What does it really cost to raise kids? We often hear that raising kids is expensive, but just how much will it cost you over the first five, 10 or 20 years? Here’s a closer look at the costs of each stage of life. If you’re thinking about having kids, or have already taken the plunge, you might be wondering how much you’ll need to budget for their welfare. There are a few different answers …

What is a Power of Attorney? | Money & Life

Just as having a Will ensures assets are managed properly when you die, a Power of Attorney allows someone else to look after your finances when you’re unable to. Find out more about what’s involved in having a Power of Attorney and why you’d be wise to have one, just in case. Money & Life team Money & Life contributors draw on their diverse range of experience to present you with insights and guidance that will …

Money can buy you happiness, you’re just spending it wrong

Money can buy you happiness, you’re just spending it wrong This is the view of Dr Michael Norton from Harvard Business School. Michael’s research indicates that money can indeed make you happy if you use it to buy experiences, time, or invest in others. Buying experiences – when we buy experiences, we don’t just buy the duration of that experience. Michael’s team’s research found that we’re happiest the day before leaving for a holiday–the anticipation is …