Is Coronavirus driving a recession, depression or an economic hit like no other? What does it mean for the bear market in shares? | AMP Capital

Is Coronavirus driving a recession, depression or an economic hit like no other? What does it mean for the bear market in shares? Key points Global share markets have fallen into a bear market, but whether this turns out to be long or short depends on how long the hit to the economy from coronavirus lasts. There are big differences between the current disruption to economic activity – which could be very deep in the …

Key points from the latest COVID-19 stimulus package for Australia | AMP Capital

Key points from the latest COVID-19 stimulus package for Australia Over the weekend in Australia, the federal government announced a second fiscal stimulus package to offset the hit to growth from COVID-19. Below are some of the main take-aways: An additional $46bn worth of direct government spending for individuals and businesses impacted the coronavirus. Along with the first round of stimulus announced recently ($17.6bn to individuals and businesses, $2.4bn to the healthcare sector and $5bn …

Why so many fail at investments in the age of information | AMP Capital

Why so many fail at investments in the age of information One of the pervasive risks that we face in the digital age is that even as the amount of information in the world is increasing, the gap between what we know and what we think we know may be widening. This means the ability to separate noise from signal is of increasing importance. Signal or noise? In science, algorithms do a great job in …

The increasing economic threat from Coronavirus – what to watch for and what should investors do | AMP Capital

Key points The rout in financial markets has continued, on the back of coronavirus, made worse by a flow on to oil markets. The risk of a deeper hit to economic activity has risen. Key things to watch are the daily number of new cases, measures of economic stress and policy stimulus. Key things for investors to bear in mind remain that: share market falls are normal; selling shares after a fall locks in a …

Does it pay to plan ahead when you travel?

Does it pay to plan ahead when you travel? You may be keen to go wherever the wind takes you, or you might be a plan-to-the-hour type of traveller. There are benefits to both styles. Travellers often fall into two categories—the planned and the unplanned—and more than likely, you already know which of the two camps you belong to, or if you sit somewhere in between. Whatever your preference, we look at some of the …

Will you be renting in retirement?

Will you be renting in retirement? Is owning your home the best option for your senior years? Discover why renting in retirement could be on the rise and explore some advantages of being a tenant in later life. Being secure in a home you own is usually part of the picture – and costs – of life in retirement. In fact, Retirement Standard figures published by the Association of Superannuation Funds Australia (ASFA) are based on the assumption …

Digital payment options could see you spend more this Christmas

Digital payment options could see you spend more this Christmas With the festive season just weeks away, Australians are gearing up for the annual peak spending period, and the growth of digital payment options could be widening the gap between what we regard as our spending limit and the balance of our bank account. The disconnect between cards and cash Credit cards make spending (and overspending) very easy, and a new breed of “digital wallets” …

Should you lend money to family?

Should you lend money to family? What you should consider before handing over your hard earned savings You’re probably fairly used to helping your family out with a little extra cash here and there. Whether it’s pocket money for doing chores, or money to pay phone bills, go see a movie or buy clothes, for example. But what happens when they put their hands out for help to buy the big ticket items? They might …

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 …