Cryptocurrencies and initial coin offerings (ICOs) have emerged over the last 10 years as investments. You could lose a lot of money if you invest without doing your research first. How cryptocurrencies work Cryptocurrencies, also known as virtual currencies or digital currencies, are a form of electronic money. They do not physically exist as coins […]
Houses and units seem easier to understand than many other types of investments. However, it's important to understand how investing in property works, to decide if it's right for you. Pros and cons of investing in property Property investment is often seen as being less risky than other forms of investment. However, while it may […]
Figuring out how to maintain and develop your employees’ careers will yield better outcomes and retention. So how can you up your company’s game in career development? It’s no surprise to business owners that the process of hiring and retaining high quality staff is listed as one of the most stressful company processes and one […]
Budgeting for a holiday or saving for a deposit? Even the best budget can unravel if the right tools are not in place. In this article, we look beyond the basics and focus more on what it takes to stick to your budget. Start with the basics In our first budgeting story, we looked at the […]
Did you know it’s likely you’ll spend up to two decades or more in retirement? It’s a long time, so will you be able to afford all the things you’ve thought of doing in retirement, before your savings run out? By starting now and making small changes to how you approach your super savings, you can […]
By Tony Kaye, Senior Personal Finance Writer, Vanguard Australia Having enough superannuation to enjoy a financially comfortable lifestyle in retirement is the aspiration of most Australians. As the super system continues to mature, and with the benefit of compounding investment returns, average retirement savings balances are rising. But an interesting finding in the federal government's […]
An annuity, also known as a lifetime or fixed-term pension, gives you a guaranteed income for a number of years. Or the rest of your life. An annuity is less flexible than an account-based pension, but you can be sure about your future income. How an annuity works You can use your super or savings […]
When you retire, you may be eligible for government benefits such as the Age Pension or a concession card. The kind of pension and benefits you're entitled to generally depends on your age, assets and income. Proposed changes to some payments and support were announced in the 2020 federal budget. This content does not reflect […]
In this modern age travelling is a lot more accessible, we are now able to become those very adventurers we read about. However during difficult times, like unexpected illness, or problems outside of your control, like the 2019/20 COVID pandemic, you may not be able to travel around the world or visit your favourite museum. Luckily, […]
By Tony Kaye, Senior Personal Finance Writer, Vanguard Australia COVID-19 has completely, and mercilessly, dictated the direction of economies and financial markets through most of this year. So, as we rapidly approach the end of an extremely unpredictable and volatile year, what's in store for 2021? It should come as no great surprise that the […]