When it comes to your asset allocation the first and most important decision to make is to determine your ultimate stock to bond ratio. Your asset allocation between stocks and bonds is primarily determined by your risk tolerance. What is risk tolerance – It is the ability to handle a particular size loss in value…
Over 1.5 million households in Australia have a solar system installed. Solar systems have become increasingly cheaper but so have the feed-in-tariffs (what you get paid for the excess power you generate). With all the changes that have taken place is solar power still a good investment? Earlier this decade the state governments were offering generous…
Cars are one of our largest expenses and one that most of us can not do without. One of the associated costs of owing a vehicle is insurance. Today I am going to give you 10 tips to save money on your car insurance premiums. Shop Around One of the most important things to do is to shop…
Today I will be looking at the importance of asset allocation to your portfolio and why it is an important part of any investment strategy. What is asset allocation? Asset allocation is an investment strategy that assists in balancing your risk versus reward by building a diverse portfolio of different asset classes. The allocation will vary…
My philosophy for investing is to keep things as simple as possible. This is why it is a must for me to discuss Index Funds the foundation of your investment portfolio. When it comes to investing I like to start by building a strong foundation then adding to that foundation as needed. Index funds are a…
I am always on the lookout for simpler ways to do things. When it comes to budgeting SIMPLE is on the top of my list. The 50/20/30 simple budget rule has been around for a while so I have decided to cover it today. The 50/20/30 simple budget rule is a bucket/envelope based system in…
When it comes to your investments performance the devastating effect of investment fees are something you should not overlook. I have heard numerous times from other blogs, books and podcasts that fees are important but have never bothered to run the numbers until now. Wow! I have a feeling you will be just as surprised…
Working out roughly how much money you will need in retirement does not need to be a daunting task. With these simple retirement rules of thumb you can perform a super quick calculation in a matter of minutes. 4 Percent Rule The 4 percent rule is used as an indicator of how much you can safely…
Here is some simple steps to help you save money easily by unsubscribing. Im not suggesting you will save money by unsubscribing from my blog, rather the opposite in fact. It seems like everything these days runs on a subscription based model. No need to fork out $400 up front its only $6.99 a month……forever!…
This is a brief introduction to help you get started investing in the stock market. I am only brushing the surface when it comes to investing but hope to give you a general idea of what is involved and how easy it is to get started. Get Started Investing If you are considering investing in the…
