Investing mistakes to avoid

Investing mistakes to avoid

Investing successfully and improving your investment portfolio can be as much about minimising mistakes as trying to pick the ‘next big thing’. It’s all about taking a calm and considered approach and not blindly following trends or hot tips. Let’s delve into some of the most prevalent investment mistakes and look at the principles that…

Out with the old in 2024

Out with the old in 2024

A New Year is a chance to start afresh and move into the year ahead with confidence and optimism that it’s going to be a great one! Part of setting yourself up for a wonderful year can sometimes be letting go things in your life that are not so beneficial for you and may be…

Picking your retirement point

Picking your retirement point

One of the hardest decisions for many people – excluding those who want to keep on working – is choosing when to stop. There’s no mandated retirement age as such, although there are prescribed preservation ages when people can legally access all or some of their superannuation funds. Anyone turning 59 on or before 30…

Diversification

Diversification

Diversification is an investment strategy that lowers your portfolio’s risk and helps you get more stable returns. You diversify by investing your money across different asset classes — such as shares, property, bonds and private equity. Then you diversify across the different options within each asset class. For example, if you buy shares, you buy…

Prepare to Retire

Prepare to Retire

Preparing to retire is emotional and practical. Making a retirement plan can help you manage your finances, and cope better as your life and priorities change. Make a retirement plan Your retirement plan can be simple or detailed. Include: Think about when you want to retire There’s no set age you need to be to…