Market Update 24 June 2022 | AMP Capital

Market Update 24 June 2022 Investment markets & key developments Share markets managed to stabilise and, in most major markets, bounce from oversold levels over the last week as there were no new hawkish surprises from central banks and weak economic data saw bond yields fall taking pressure of share market valuations despite increasing worries about recession. For the week (to date) US shares are up just over 3% and Australian shares rose by just …

6 things to know about buy now pay later services

6 things to know about buy now pay later services Nearly 85% of financial counsellors in Australia have reported that half, most or all their clients now have some form of buy now pay later debt. Often branded the modern-day layby, buy now pay later services essentially offer the same thing, but you get the product (which could be anything from a new outfit, pub dinner or airline ticket) upfront. Below we explain what you …

Share market falls – seven things for investors to keep in mind | AMP Capital

Share market falls – seven things for investors to keep in mind Key Points Share markets have fallen in recent weeks on the back of worries about inflation, monetary tightening, the Omicron disruption and the rising risk of a Russian invasion of Ukraine. Its too early to say markets have bottomed. Key things for investors to bear in mind are that: corrections are healthy and normal; in the absence of a renewed recession share market …

Tax deductible donations: Get the most out of giving back | Money & Life

Tax deductible donations: Get the most out of giving back Giving to charity can be a great way to help others and give your tax return a boost, but not all donations are tax deductible. Here’s what you need to know about making a tax deductible donation. Donating to a charity or cause you care about is a win-win for both you and the charity. Charities rely on the generosity of donors to help them …

Oliver’s Insights – Nine common mistakes investors make

Nine common mistakes investors make Key points Many of the mistakes investors make are based on common sense rules of thumb that turn out to be wrong. As a result, it’s often wise for investors to turn common sense logic on its head. The easiest way to avoid many of these mistakes is to have a long-term investment plan that aligns your financial goals with your risk tolerance. Introduction In the confusing and often seemingly …

Four ways to save more for a rainy day | Money & Life

Four ways to save more for a rainy day Having access to savings can be vital when an emergency strikes. But making the most of your savings by earning interest can also help you get ahead financially. Discover ways to help your savings grow without leaving yourself stuck for extra cash. Last year our FPA Money & Life Tracker: Covid edition survey asked over 2,000 Australians how the pandemic has made a difference to their finances and …

How to reassess your spending and budgeting habits

  How to reassess your spending and budgeting habits From our spending habits to our saving trends, the pandemic has changed the way many Australians think about money. Learn how to reassess your financial situation and create a fresh budget for 2021. There’s no denying the pandemic has significantly affected the finances of many Australians. Some of us are spending more, some are cutting back on non-essential spending and for others, the uncertainty has challenged …

Why you need more than one budget | Money & Life

Why you need more than one budget Coming up with even a basic budget is a big achievement for most of us. But having more than one budget can actually help you get to your goals sooner. Find out why. Sticking to a budget can be a tough business. Even with a step-by-step budgeting guide to follow, having the discipline to stay on target with goals for spending and saving is a challenge. Even the task of …

Market Update 03 July 2020 | AMP Capital

Market Update 03 July 2020 Investment markets and key developments over the past week Despite ongoing concerns about coronavirus most major share markets saw solid gains over the last week helped by good economic data, positive vaccine news and policy stimulus. Japanese shares fell but US shares rose 4% in a holiday shortened week, Eurozone shares rose and Chinese shares surged above their pre-coronavirus highs. The strong global lead also helped the Australian share market overcome …

After the Bell: daily market update, June 29 | AMP Capital

ECONOMICS & MARKETS After the Bell: daily market update, June 29 ASX started the week lower, following most major share markets finishing last week lower as well. There’s a fair bit happening socially and politically at the moment, but it appears second wave fears are a primary focus for markets. Our chief economist, Shane Oliver, shares his thoughts. Important information While every care has been taken in the preparation of this video, AMP Capital Investors …