Key takeaways One of the main things to consider before investing is to have a plan – consider your investment goals including when and how you want to achieve them Identify the timeframe you’re giving yourself to build your financial goals, and how much...
Have a savings goal and budget It’s much easier to be a good saver if you have a goal in mind. It might be a holiday, a house deposit, or just a rainy day fund. To work out the amount you’ll need, be realistic about what you can afford to save each week,...
You can get your super when you retire and reach your ‘preservation age’. This is between 55 and 60, depending on when you were born. Or when you reach age 65, even if you are still working. There are special circumstances where you can access your super...
Key takeaways An understanding of the factors that influence the amount you can borrow for a mortgage, such as income and expenses, Loan-to-Value Ratio, credit history, and employment stability. What steps you should take when considering how much to borrow,...
Monitor how your shares are performing compared to similar companies or the market overall. Stay up-to-date with company, economic and market changes. This gives you a better chance of acting quickly to take advantage of opportunities or to avoid losses. Set alerts to...
Key takeaways Having an SMSF provides more choice and freedom to access investment options that would otherwise be unavailable through a super fund An SMSF fund can have up to six members which offers greater scale to access investment opportunities that may not be...
