Should you give your teenager a credit card

Should you give your teenager a credit card We live in a culture of smartphones, WIFI, home delivery, online shopping and online gaming, where most needs and wants can be met almost instantly. With so much temptation to spend, it’s vital to teach your kids the money skills to help them enjoy financial wellbeing as adults. One of these key skills is learning how to deal with debt responsibly. Researchers from Cambridgei University found that children …

Oliver’s Insights – Share market falls – seven things for investors to keep in mind

Oliver’s Insights – 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. it’s 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 …

Should I invest my home deposit? | Money & Life

Should I invest my home deposit? In the past year, national housing values have risen a whopping 22.2 per cent, adding around $126,700 to the median cost of a home. The rapid rate of growth has left many would-be homebuyers out in the cold. So if you’re saving for your first home, or looking to upgrade, what can you do? After another year of double digit growth, many first-time buyers have been left shaking their …

Econosights: Should we be worried about an inflation breakout? | AMP Capital

Econosights: Should we be worried about an inflation breakout? Key points Current inflation concerns reflect a rise in consumer goods prices and a spike in energy costs. Most of the factors driving higher inflation reflect COVID related disruptions and should be temporary. But the inflation data is still likely to remain elevated over coming months. While a few central banks are starting to remove some monetary policy accommodation in response to inflation concerns, we don’t …

Relationship break-up entitlements when you’re in a de facto

Relationship break-up entitlements when you’re in a de facto If you’re wondering who’ll get the home you’re currently living in, the car, or boat if you have one, we answer some of the commonly asked questions, so you’re across your rights and responsibilities. If you’ve recently split from your partner or are simply wondering what might happen if you do, you’ll need to keep your financial wits about you. A division of assets and debts, …

The bond crash of 2021? Seven things for investors to consider

The bond crash of 2021? Seven things for investors to consider Key points Higher bond yields are normal in economic recovery and should not be a major problem for shares if they are matched by rising earnings. But too rapid a rise in bond yields risks driving a deeper correction in shares. Central banks want higher inflation but will look through any short-term spike. The 40-year downtrend in inflation and bond yields is likely over. …

Seven key charts for investors to watch regarding the global economy and investment markets this year

Seven key charts for investors to watch regarding the global economy and investment markets this year Key points Shares are at risk of a short-term correction or consolidation, but investment markets should provide solid returns this year on the back of continuing economic recovery and low interest rates. Seven key global charts worth keeping an eye on by investors this year are: the trend in new coronavirus cases and deaths; global business conditions PMIs; unemployment; …

What’s the difference between a financial planner and an accountant? | Money & Life

  What’s the difference between a financial planner and an accountant? When it comes to getting professional advice on money matters, should you be looking for an accountant or financial planner? Find out how they’re different and what services each one offers to help you manage your finances. When you’re looking for help on anything to do with money, finding the right person to turn to for advice can be a challenge. According to a …

Finding the right financial planner for you | Money & Life

Finding the right financial planner for you Money & Life contributors draw on their diverse range of experience to present you with insights and guidance that will help you manage your financial wellbeing, achieve your lifestyle goals and plan for your financial future. How should you start your search for a financial planner? There are some fundamentals you should look for in the first instance. A license to provide financial advice – Always look for …

Five asset classes we’re watching in the COVID-19 recovery | AMP Capital

Five asset classes we’re watching in the COVID-19 recovery At a time when most investors are seeking out defensive positioning, savvy managers should have an eye to the opportunities provided by the unfolding pandemic. These may be asset classes that are already undervalued at the present moment, but also include those which stand to benefit from an eventual recovery to an extent not currently priced in by the market. The latter might not necessarily represent …