Financial Planning articles
Different Ways of Funding Schooling Costs for Children
Today, education is of utmost importance as 4 out of 5 people aspire to be educated. A simple Google search would show the many articles and blogs written on the importance of education. The urge to fight illiteracy and lack of education worldwide has led to the creation of foundations,...
Getting Exposure To Alternative Assets (Listed Private Equity, Gold/Silver and Infrastructure/REITS)
Stocks, bonds, and cash equivalents (traditional assets) are familiar to almost everyone, and many individuals invest in them in the hopes of capital appreciation, dividends, and interest returns. Alternative assets, on the other hand, are investments that are not part of the traditional asset classes. Listed private equity, gold and...
What is negative gearing?
Gearing is a term that is so widely used in the financial industry that it appears to be more complicated than it is. You've most likely come across it in the context of housing or real estate, and it struck you as an unclear term.
The debt-to-equity ratio of a company...
Can You Buy Crypto on ASX?
Buying cryptocurrency on the ASX (Australian Stock Exchange) is highly possible, but It is not new that the ASX (Australian Stock Exchange) has been hostile to cryptocurrency for several months, resulting in a paucity of new listings and current companies quitting or abandoning cryptocurrency entirely.
You'd wonder why the ASX would...
What Is Crypto Mining?
Digital currencies, while decentralized and unregulated, are still considered currencies by many. To maintain their integrity, they need to have a system to check the legitimacy of each transaction. This is where mining comes into the picture as the method to verify transactions in the blockchain.
How Crypto Mining Works
Digital currencies...Can a SMSF buy crypto?
Can something regulated like SMSF be used to purchase an unregulated asset such as cryptocurrencies? The short answer is yes and we’ll briefly discuss the details in this article.
Regulations On Crypto Investments Using SMSF
SMSFs are not prohibited from investing in cryptocurrencies. However, they must be allowed as stated in the...Do you need to declare crypto gains in your tax return?
In Australia, crypto assets are treated and taxed like shares and stocks through the capital gains tax system. Capital gains are the profit you earn from owning certain asset classes like shares, properties, and cryptocurrencies. Selling or trading these assets for a profit counts them eligible for tax.
When You Need...
How to stake coins and generate income
Mining cryptocurrencies have become exclusive to large players who can pay for extremely expensive equipment and huge operating costs. Because of this, proof of stake has been the go-to alternative for confirming transactions and earning digital tokens.
Even if you’re not trading or mining cryptocurrencies, you can still earn passive income...
What is the metaverse?
Recently, Facebook announced its move to invest more in the metaverse. Facebook also rebranded its name to Meta in line with its plan to move from a social media company to a metaverse one.
While the concept of the metaverse is nothing new, interest in it spiked dramatically as digital ownership...
Work Test For Making Super Contributions
When you reach senior age and are able to enjoy your super, will you still be able to make contributions toward your super? It’s possible if you know the rules and the limitations to this.