July 26, 2017

New financial year strategies and resolutions

A smart way to begin the new financial year is to make sure your personal finances are in the best possible shape for 2017-18 and beyond. Ideally, your new year personal financial strategies and resolutions should include your super and non-super investment portfolios, retirement-saving strategies and, critically, your personal debt control. With personal finances, it is often a matter of resolving to improve your position and then setting strategies in place to achieve your objectives. And a new financial year can act as a useful psychological prompt to act. Here are a few pointers for 2017-18: Understand how super changes […]
July 26, 2017

Don’t lose sleep over the uncontrollable

Tumultuous, volatile and uncertain. These are a few words (albeit extreme ones) an investor might choose to describe the first half of 2017. We’ve seen a political outsider sworn into the White House, central banks tentatively emerging from years of stimulus and low interest rates, tense elections in France and the UK, and a watching brief on China as its economic growth engine manages to keep ticking over. There has certainly been no shortage of news to keep investors awake at night, not to mention jumpy during the day. Even the experts–self-proclaimed and actual–struggle to agree on what is important. […]
July 26, 2017

Why grey mortgage debt is rising

Greater longevity would also have made some of us more comfortable about carrying debt into older ages than in the past. Ideally, we would enter retirement with our home mortgages paid off and completely free of any other kind of debt. In theory at least, this may enable us to use our retirement savings to fully or partly finance our retirement. Yet many retirees reach common retirement ages with outstanding mortgages and other debts. This leads to the inevitable question: How is the debt to be repaid? A wide-reaching research paper*, Inquiry into housing policies, labour force participation and economic growth, […]