Life’s full of risks. That’s a given. Some you can mitigate against, some you can’t. When it comes to investing, one of the critical ways of minimising risk is diversification. It can save you a lot of stress, particularly if you’re prone to money worries keeping you awake at night. In fact, I’d argue that a diversified portfolio should play a vital role within any long-term...
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...
