Latest Articles
Latest News
It’s official: multitasking sucks
June 11, 2019
By Lucinda Lions, Flying Solo contributor Think you’re great at multitasking? So did these people, until studies revealed some unsettling data. On three different occasions over the years, something terrible has nearly happened to me as a result of multitasking. I work from home, and if my home-office door is closed, my partner and son...Read More
Tax on superannuation
June 11, 2019
How your super is taxed differs depending on your age, contributions and other factors, so it’s important to understand the different tax implications that could apply to your nest egg. Super can be a tax-effective way of saving for retirement. Generally, money invested in super is taxed at a lower rate than your personal income...Read More
Is your portfolio suffering from what is sometimes called portfolio drift? This occurs when a broadly-diversified portfolio drifts away from its strategic or target asset allocation with movements in investment markets and diverging returns from lower-risk and higher-risk assets. Your diversified portfolio's strategic asset allocation to different asset classes should be set with the aim...Read More
If you’re relocating to a new city, it’s a good idea to do your homework about living costs…particularly if it’s Sydney. When you’re moving interstate it’s natural to focus on the costs and logistics of the actual move—removalists, storage, rental bonds. But what about the costs of living in a new city? It’s important to...Read More
Your superannuation savings should be a key part of your conversation about joint finances. Picture the scene. You’ve moved past the honeymoon period of a new relationship and you think this could finally be the one. You’re starting to think about the medium-term future and setting up your lives together. So you’re at your favourite...Read More
If you’re looking for one of the easiest morning rituals to transform your health, look no further than a glass of filtered water with freshly squeezed lemon juice. In addition to it being a delightfully refreshing drink, there’s a myriad of health benefits you’ll receive from this simple daily dose, whether you drink it warm...Read More
About two-thirds of Australians are entitled to at least a partial age pension1, so most of us need to understand how it works and determine what role we want it to play in our retirement plan. The age pension provides key benefits to retirees. It pays an income stream until death that is adjusted for...Read More
There are ways you can help your children by encouraging positive behaviour when it comes to their personal finances. We all love our children. So it can be tough to admit they may not be great with money. But be honest, do any of these ring a bell? They keep running out of money before...Read More
Wanted: More voluntary super contributions
May 13, 2019
Are you contributing enough to super? Recent research highlights the reality that most members of large super funds do not make voluntary contributions. How Australia Saves 2019, a collaboration between Vanguard and three major funds – First State Super, Sunsuper and VicSuper – examines how over 2.3 million members of these funds managed their super,...Read More
Ponzi schemes
May 13, 2019
Dividends but no real investment One of the simplest yet most effective investment scams is the ponzi scheme. The promoter promises investors a return on investment and says it is secure, but there is no real 'investment'. The promoter convinces people to invest with their scheme. They then use the money deposited by early investors...Read More