You rarely get a free ride in life. Same goes for investments – every one you make will have some kind of fee attached. Left to run amok, fees can seriously suck the life out of your investment portfolio. I’ve lost count of the number of people I’ve met with active portfolios who’re losing significant amounts of cash at the hands of rampant fees. They really...
This week, I want to talk you through compounding interest, often referred to as ‘compound earnings’. Albert Einstein called it one of the ‘greatest mathematical discoveries of all time’. Many in the financial world refer to it as ‘a force of nature’ – a secret sauce, if you will. Whichever way you look at it, compounding returns have played a critical role in helping the rich...
For a novice, the sharemarket can be like landing in Shanghai and not being able to speak Mandarin. As with any language, though, start learning the foundations, and all of a sudden things start to fall into place. Ultimately, the sharemarket can be as complex as you want to make it. It really depends on what your financial goals are and whether you want to learn...
Wow, this year’s really flown for me. Maybe it’s the perpetual balancing act that is having a young family and running a business, but 2018 really feels like it’s had its foot firmly planted on the accelerator. It’s the same thing every year. We emerge out of winter into spring, desperate for some warmer weather to kick in, but, once we hit October, those last...
Everyone has a net worth. Whether you’re a small business owner or CEO of a blue-chip company, each and every one of us has a dollar value on paper. Small or large, the only difference is what that number is. Knowing your net worth is a necessity, in my opinion. In fact, I’d argue it’s the most important number you need to know when it comes to your financial...
Insurance. We all need it in one form or another, whether that’s for the house, the car, or the family dog. Often, it’s a case of protecting our hard-earned assets and, like in the case of pets, minimising the blowout of (vet) bills. Add health insurance for the family to the bill, and it starts to get expensive. Interestingly, though, there’s one form of insurance that many people typically...
Between family, work and everything else in between, life gets away from you. Time in particular. Last year was a big one for me – both on a personal and business level. My wife and I had our second daughter, and there were a few big milestones that we hit at different points across 2016 with Orange Wealth. Suffice to say that, by Christmas and the subsequent break, it was...
