Conventional wisdom used to dictate Australians were better paying off their home loans, and then, once debt-free turning their attention to building up their super. But with interest rates at record lows and many super funds potentially offering a higher rate of return, what’s the right strategy in the current market? AMP’s Technical Strategy Manager...Read More
The target mix of your investment portfolio should be built on your goals, time horizon and risk tolerance. But goals can change, and market fluctuations can cause your asset allocation to shift, so it's important to monitor your portfolio on a regular basis and make adjustments as needed to ensure you are not taking on...Read More
By Balaji Gopal, Head of Personal Investor 1. Evaluate where you're at financially Before beginning your investment journey, it's important to sit down and map out your financial position and goals so that you know where you are and exactly what you're working towards. Start by looking at your savings, income, living expenses and personal...Read More
Know your options around making contributions, accessing your super savings and when Age Pension entitlements could be affected. Whether you’re still working, or you’ve already retired, rules around super contributions, accessing super and things like Age Pension eligibility do ramp up once you hit your 60s and 70s. There have also been a lot of...Read More
By Tony Kaye, Senior Personal Finance Writer, Vanguard Australia In early 2020, over just a few weeks, global share markets tumbled more than 35 per cent. Sparked by investor panic over the rapid spread of the COVID-19 virus, it was one of the biggest-ever market downturns. Yet, by the end of last year, markets had...Read More
Not sure what to do with your tax refund? Strategic financial decisions for your tax return begin with a strong plan. Plan the best ways to use your tax refund in 3 easy steps Write down your financial goals in a clear plan Do a financial check-up, assessing debt and expenses Invest your tax refund...Read More
Dr Shane Oliver - Head of Investment Strategy and Chief Economist, AMP Capital Key points A surge in financial information and opinion along with our natural inclination to focus on bad news is arguably making us worse investors: more fearful & short term. Five ways to help manage the noise and stay focussed as investors...Read More
Generally, you can, but there may be other things to consider. When you access your super at retirement, depending on your age and personal circumstances, your super fund may ask you to sign a declaration stating you intend to never return to work again. However, there could be compelling reasons as to why you might...Read More
If eligible, older Aussies can put up to $300,000 into their super using the money from the sale of their main residence, regardless of caps and restrictions that otherwise apply. If you’re aged 65 or over and are looking to boost your retirement savings, you may be able to make a tax-free contribution to your...Read More
By Robin Bowerman, Head of Corporate Affairs, Vanguard Australia Many Australians know that investing will always come with some level of risk, namely the potential to lose money. In a recent Vanguard report on Australian attitudes towards investing, 20 per cent of those surveyed cited "worry of making a bad investment" as a barrier to...Read More
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