One of the key criteria to astute investing is to consider how and when you will take your profits – in other words you need to develop an exit strategy before you invest in the share market. This is crucial to your success simply because […]
Equity Release Products have become very popular in recent years as more people see them as a way to obtain money for a variety of uses. The following explanation of how they work was taken from the Fido web site of the Australian Securities & […]
A fairly common method of having a change of lifestyle and generating an ongoing cash flow is to buy an existing business. This option can work well for some people or it can be a very bad idea. Before getting into the mechanics of how you […]
Before You Move 10 Important Points to Consider Unfortunately, many people decide to move to an area to retire or to enjoy their seachange and find out after they’ve been there for a while, that the town or area really doesn’t suit them. This can […]
The Australian Securities and Investments Commission (ASIC) has also made some suggestions on finding the right financial advisor for you. Here are a series of questions, which appear in ASIC’s Getting Advice booklet and some advice on what answers to listen for. Question to […]
Unfortunately many people forego the planning required to prepare for retirement, often until it is too late. However, this needn’t be the case. Even if you are about to retire or you have already retired you can still apply these principles to get your investments […]
There are laws in each State and Territory about what happens if a person is incapable of looking after their personal and/or financial affairs. For personal management issues such as health care and accommodation decisions, a guardian can be appointed. For financial matters, a financial manager […]
An interview with Diana Randall Not so long ago Diana’s life was 99% stress. She had sold a house, moved from the other side of the world, got divorced and her mother was ill back in the UK. At 50 she had been out of […]
Financial independence is a goal many strive to achieve, yet only a few accomplish. Why is this the case when we live in such a prosperous country? The most common reason is lack of knowledge in how to create financial independence, while others lack the […]
At last you’ve both retired and hopefully your financial planner has said you can afford it. From here on in, life’s one happy holiday – or is it? What you probably haven’t been told is that retirement brings a whole range of new challenges that […]