Month: June 2024

Companies use debentures, secured and unsecured notes to raise money from investors. They offer fixed interest payments but returns often depend on risky investments. You could lose all your money if the company or investment fails. How debentures, secured and unsecured notes work Companies set the interest rate on the debentures, secured and unsecured notes … Read more

Steps to refinancing your home loan Refinancing your home loan is a big decision and it can be a complex process. Perhaps you need a different product to suit your needs? Or maybe you’d like to switch your home loan to another bank? No matter why you’re refinancing, here are the key steps involved in … Read more

If you want to protect your family from your funeral costs, there are ways to pay in advance. Check your options to get the best value for money. What funerals cost Funerals can cost from $4,000 for a basic cremation to around $15,000 for a more elaborate burial. A typical funeral will have these costs: … Read more

If you’re nearing retirement age, it’s likely you’re wondering if you will have enough saved to give up work and take it easy, particularly as cost-of-living increases hit some of the basic expenses such as energy, insurance, food and health costs. Fortunately, someone has already worked out what you might need. The Association of Superannuation … Read more

If you’re considering investing in something everyone is talking about, do some checks first. If it sounds too good to be true, it probably is. Watch out for investment hype Investment hype is where something is widely promoted and creates a lot of buzz. You may hear about it on social media, in the news, … Read more

As a group, these companies have been riding high. But looks can be deceptive. In the 1960 Western movie The Magnificent Seven, a group of American gunmen help defend a small Mexican village from being pillaged by a gang of ruthless bandits. It was a box-office hit, ultimately leading to three sequel movies, a TV series, a … Read more

Managing risk is an essential part of investment strategy to reduce the potential for losses. Risk is not just associated with investing though – life can throw a curve ball or two and insurance is one way to manage risk in a broader context. It’s a matter of weighing up your risks and thinking about … Read more

As the financial year draws to a close, it’s the perfect time to review your financial affairs and set the stage for a successful new financial year. By taking care of essential tasks and implementing strategic planning, you can position yourself for a smooth transition and a strong start for the new financial year. Topping … Read more

With less than a month to go before the end of the financial year (EOFY) rolls around, some important tasks need to be completed for family trusts. Discretionary trusts (often called family trusts) are the most common trust used in Australia and are generally created to hold and protect family or business assets. Trustees of … Read more

ASIC urges you to hang up on cold callers and scroll past social media click bait offering to help you compare and switch super funds. How super cold calling works Cold callers often use high pressure sales tactics to convince you to buy a product or sign up to a service. Their tactics include making … Read more