Share trading can be a simple affairs for investors with a small share portfolio and can be come very complex for investors with a large portfolio.
Throughout the holding period there will be dividends earned. When shares are traded there will inevitably be a Capital Gains Tax (CGT) consequence.
Remember to keep proof of all your share [...]
I received a book for Christmas on property investing. The author was encouraging readers to change from a consuming/spending habit to a saving/investing habit. The author challenged his readers to save $33 per day for a month, which amounts to $1000 (Source: From 0 to 260+ Properties in 7 Years: by Steve McKnight).
Our household budget [...]
Worried about where your money is going? Recent research of retirees shows:
Two out of three retirees have been forced to reduce their personal expenditure in the last three months.
Around one million retirees (30%) are not confident their retirement savings will last the distance.
Those who started saving for retirement AFTER the age of 50, have more [...]
With all the turmoil in investment markets over recent months, many investors willbe asking if they have done the right thing by investing in shares, property or managed funds. Let’s revisit two fundamentals of investing.
Understand investment cycles -Investment markets move in cycles. They go up, they go down and they mayrun flat for a [...]
Here are some tips for parents to help children develop healthy savings habbits.
Saving:6 Years and under – Use a money box to help your child learn how to save. This provides something tangible so your child can watch his or her money grow.
7 – 11 years – Teach your child the benefits of banking his [...]
As a young person starting out on my own I developed a simple personal budgeting system that kept me on track to meet my current commitments and put a little aside for extras later. You will be surprised to see how developing even a simple personal budget can lower your monthly expenses TODAY.
In looking for [...]
Want to be better with your money?Clients often tell us they want to be better with their money, but:
a struggle to find time;a feel it is too complex and too many questions.
Here is a budgeting tool that is simple and can really make a difference.
And it’s FREE.
Written by Paul Clithero and the Australian Government, it [...]
We have become a reseller of the commonly used WILpac. Here are some facts about wills:
The WILpacTM is lawyer approved for use throughout Australia. 7
out of 10 people die each year without a Will or one that can be located.
5 out of 10 people that have Wills need to update them.
8 out of 10 [...]
I recently discovered this Australian internet site to help manage your shares. It’s free for single share details or you can register to manage your share portfolio. You can monitor your dividends and share holdings and work out your cost base for capital gains tax. You can also buy and sell shares online.
The company [...]
