Frequently asked questions about super If the ins and outs of superannuation leave you confused, the answers to these frequently asked questions will help you understand the basics. How much do I need to retire? According to the Association of Superannuation Funds of Australia (ASFA), a couple requires savings of […]
Are you investing or gambling? Investing in different asset classes such as equities, commodities, and fixed-income assets is a great way to accumulate wealth, but it is important to have a sound investment strategy in place. This article covers five warning signs that you may be gambling instead of investing. […]
Guaranteed 50% investment return The Superannuation Co-contribution Scheme started in 2003/04 to encourage us to make personal contributions to superannuation. It was targeted at low to middle income earners and has been improved progressively since then. In 2020-21, more than 391,000 Australians claimed over $121 million in co-contributions. A lot […]
The Female Investor Investment and portfolio building has traditionally been a male-dominated world, but these days more women are trading on the market – and they’re good at it! According to an ASX Australian Investor Study completed in 2020, women make up 42% of Australian investors, yet 45% of those […]
How an increase to super may result in a pay cut Superannuation guarantee (SG) rates will increase from 1 July 2021. While this is good news for our retirement nest eggs, some employees may feel the impact with a deduction to their take-home pay. This article explains the SG rate […]
On the road to building wealth, investors have a lot of challenges to overcome. One of the biggest challenges is to manage risk in the share market. All investing involves risk and there is no one solution to overcome investment risk. This is because risk comes in many forms, […]
While retirement is a time that many people look forward to, especially if it is only a few years away, it can also be a daunting time if you don’t feel financially prepared. Retirement planning is a process that is better done earlier rather than later. Your retirement savings and […]
Self managed super funds (SMSF) offer a number of different advantages including flexible investment strategies and the ability to borrow from your SMSF. Self managed super funds allow you to borrow money however with your self-owned super fund, it’s important to be aware of the responsibilities you have as an […]
Finding a super fund that offers you good value and healthy returns is important for your financial future. However, your superannuation becomes even more important when you start planning for retirement. The government offers tax incentives to help you add extra money to your super, but it’s important to choose the […]
Understanding How a Market Index Can Affect Your Investment The world of investment is vast and can seem complicated for a lot of newcomers. That said, all it takes is a little time to understand what’s happening, the jargon, and the best practices you need to make the right investment […]