How do you save for that rainy day? It’s not just our farmers who keep their eyes on the horizon for rain. Recent research found almost twice as many Australians think saving for an emergency or a rainy day is more important than putting cash away for a holiday. Indeed, saving for a rainy day is our number one savings priority. According to AMP Bank, those aged between 35 and 44 years old are …
Investing for a rainy day: Key investment concepts you should understand Rather than saving for a rainy day, as the old saying goes, why not save and invest now to achieve your future financial goals? Here we look at some advice from leading financial planners on the key concepts that should inform your investment strategy. Chris Giaouris, CERTIFIED FINANCIAL PLANNER® professional, partner and principal advisor at Chronos Private in Melbourne likens having an investment strategy to going on …
