Category «Investment»

Investing For The Long Term

Australia’s love affair with residential real estate appears to be going through a rocky patch. Just two years ago we were being treated to salacious headlines such as “Nice earners, no sweat” with the body copy screaming that our home was making us over $700 a day tax-free. The acronym that was all the rage …

The Financial Cost of Smoking Over Your Working Life

Cigarettes are back in the news with research released this month from the Australian Bureau of Statistics (ABS)revealing that 13.8% of Aussie adults consider themselves daily smokers. It’s a sad statistic given the irrefutable evidence of the damage that smoking does both to your health and your finances. Today I’ll give a couple of examples …

Taking Care of Your Finances

Welcome to a new year – it has certainly started off with the huge degree of volatility. Much of it is due to uncertainty about economic conditions generally thanks to Trump, Brexit, and the ongoing conflict between America and China. But as we move into 2019 with all its hope and uncertainty, remember that there …

Budgeting

The Chinese “Curse” is “may you live in interesting times” and the coming year promises to be just as interesting as last year. In Australia, a change of government is a strong possibility which opens up the possibility of significant changes to franking credits, negative gearing, and capital gains tax. On the international scene, the …

Retirement Income Spin is not a New Thing

I have often heard older people talk about the way the pension system used to be. According to their recollections, part of the income tax you paid was supposed to be hived off and credited to a separate fund, out of which you would receive a pension for life. Because it was all so vague, …