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2018 April

  • Should I pay off my mortgage or contribute more to super?

    • 16/04/2018
    • Posted by: Nick Lucey
    • Category: ASX 200, Economics, Finance & accounting, Financial Planning, Investments, loans, money, Mortgage Broking, Superannuation
    No Comments

    Whether super or your home loan is the best place for any spare money you might have will depend on your age, income, interest rates, returns and your personal circumstances. Both options have pros and cons—consider how these relate to you. Reducing your mortgage Focusing on repaying your home loan will reduce your overall amount of debt,

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  • This week’s market wrap

    • 06/04/2018
    • Posted by: Nick Lucey
    • Category: ASX 200, Economics, Finance & accounting, Financial Planning, Investments, SMSF, Superannuation
    No Comments

    https://www.youtube.com/user/CommSecTV  

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  • Income Protection

    • 05/04/2018
    • Posted by: Nick Lucey
    • Category: Financial Planning, insurance, life insurance, money, Personal Injury
    No Comments

    Income Protection Income protection insurance, also known as salary continuance, can help you manage your expenses if you are unable to work for a certain amount of time due to being sick or injured. Income protection insurance replaces a portion of your income lost through your inability to work due to injury or sickness. It is

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  • Investing in Shares

    • 05/04/2018
    • Posted by: Nick Lucey
    • Category: ASX 200, Finance & accounting, Financial Planning, Investments, Retirement, SMSF, Superannuation
    No Comments

    Investing in Shares Investing in shares will make you part-owner of a business. Shares can be a sound long-term investment but are risky to use in the hope of making a quick buck. Shares may also be referred to as stocks, securities or equities. The benefits of investing in shares are: Potential capital gains from

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  • Pooled Investment Opportunities

    • 05/04/2018
    • Posted by: Nick Lucey
    • Category: ASX 200, Finance & accounting, Financial Planning, International, Investments, Retirement, SMSF, Superannuation
    No Comments

    Pooled Investment Opportunities Managed Funds If you have some money to invest and would prefer a professional to make investment decisions for you, a managed fund might be for you. A managed fund is one type of ‘managed investment scheme’. In a managed fund, your money is pooled together with other investors. An investment manager

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  • Home Loan Features

    • 05/04/2018
    • Posted by: Nick Lucey
    • Category: Finance & accounting, Financial Planning, loans, money, Mortgage Broking
    No Comments

    What Features Can I Choose in My Home Loan? Home loan features are packaged in ways to meet the many and varied needs of consumers. They are usually distinguished in terms of features or characteristics such as: interest rates method of calculating the interest, whether variable or fixed portability — the ability to keep the

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  • Variable Rate Vs Fixed Rate Loan

    • 05/04/2018
    • Posted by: Nick Lucey
    • Category: Finance & accounting, Financial Planning, loans, money, Mortgage Broking, Uncategorized
    No Comments

    Variable Rate Vs Fixed Rate Variable rate home loans are Australia’s most popular type of home loan. The interest rate can vary throughout the term of the loan, going up or down, in accordance with prevailing economic conditions. Variable rate home loans offer interest rates defined by the Australian industry cash rate. When interest rates

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  • What is a comparison rate?

    • 05/04/2018
    • Posted by: Nick Lucey
    • Category: Finance & accounting, Financial Planning, Investments, loans, money, Mortgage Broking
    No Comments

    Comparison Rate MoneySmart defines a comparison rate as: ‘A rate that helps you work out the true cost of a loan. It includes the interest rate, and most fees and charges relating to a loan, reduced to a single percentage figure’. It can be difficult for consumers to compare home loans that have different interest

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  • Cash Rate Unchanged – Economic Update

    • 04/04/2018
    • Posted by: Nick Lucey
    • Category: Economics, Federal Budget, International, Legislation
    No Comments

    At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. the full statement can be found here, or you can read the below points. Summary points The global Economy has grown and unemployment figures have decreased. All Australian States have recorded increased levels of employment. The current unemployment rate in

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