Financial Planning articles
Should I Buy a Listed Investment Company on the ASX?
There are many ways to buy stocks in the exchange. Aside from acquiring shares of individual companies and investing in exchange-traded funds (ETFs), you can opt to buy shares of listed investment companies or LICs.
What is an LIC?
An LIC is an investment vehicle that provides access to a diversified portfolio...Is trauma insurance important?
Illnesses like stroke or heart attack can stop you from working for prolonged periods of time. This means a halt in getting a regular source of income which can mean a lot if you’re suffering from a medical condition.
A trauma insurance can greatly help in these instances. The insurance money...
Is Cryptocurrency a Bubble Like the Dutch Tulips Mania?
Bitcoin and similar cryptocurrencies have been receiving so much clamour these past months. The frenzy of the public to get in, the massive surge in prices, and the emergence of alternative virtual coins all point to a market bubble similar to what happened in the Tulip Mania centuries ago.
The question...
Basics on Bitcoin & Cryptocurrency Alternatives
With all the hype surrounding Bitcoin, it’s hard to resist the urge to know more about these cryptocurrencies and the technology behind them.
If you want to jump into trading or investing cryptocurrencies, take a quick look first at what Bitcoin is about and the alternatives available to you.
What is Bitcoin?
Bitcoin...What Childcare Benefits Does the Government Provide?
Childcare is given great importance by the Australian Government which is why they’re providing financial assistance to parents to help them avail childcare services. Both the Child Care Benefit and the Child Care Rebate programs help secure the welfare of families living in the country. Parents who belong to the...
Why Do People Invest in Gold?
Gold has always been a distinguished metal known for its value since the ancient times. It was used as a form of currency more than a thousand years ago. It was the practical choice to use for trading since it doesn’t tarnish as quickly as other metals. Until today, ownership...
Can an SMSF Run A Business?
Can you use your SMSF to run or fund a business? The answer is a mixture of yes and no because there are many prohibitions and overlapping laws that make it extremely difficult to do.
Quick Overview
You can basically invest your SMSF in anything as long as it follows the rules...Should I Invest Through A Family Trust?
Family trusts are quite common in Australia. They can protect the assets that are placed under their care and distribute profits in a tax efficient manner. Let’s get down into the details of this form of trust.
What is a Family Trust?
A family trust is a discretionary trust established to protect...Should You Buy an Annuity?
Annuities are financial products that can be bought from companies selling life insurances and managing super funds. Funds invested in annuities are used by these institutions in diversified investments to further grow the capital. After some time, when the annuitization period is reached, investors are paid back for their investment.
Annuities...
What’s Bitcoin? Is It a Good Investment Option?
Bitcoin is one of the most sought after currencies worldwide. A bitcoin exchange even describes the currency as something as valuable as gold, yet as convenient as a credit card to use.
But what is the fuss about this digital currency that people are stampeding to ride the bandwagon? Is it...