Most investors can ‘feel’ that 2022 has been a miserable year. Australian shares, as measured by the All Ordinaries Accumulation Index are down around -7% year to date. US shares have fared even worse, with the S&P 500 Index down -22%. Whilst this is a poor return, negative returns like this are not uncommon on the stock market, and most of us remember years that were much worse – such as 2008 when our stock market was down around -40% (peak to trough). But looking at ...

The search for your dream property can be both exciting and stressful. From the inspections that kick everything off to putting in your offer and having it accepted, these are all stepping stones on the journey towards ownership. It all culminates in the final step of the process – settlement day. Here’s what to expect and some tips to prepare for a successful property settlement. What is settlement day? Settlement day is the day ownership of a property is legally transferred f...

It’s no secret that paying off your home loan sooner can save you. However, with cost-of-living pressures and rising interest rates, it can be hard to find extra cash. A series of small changes applied consistently over time could put you on track to reach your goal sooner. Here are 8 tips to help boost your savings.  Tip 1: Make a plan you can stick to Rather than making extreme changes to your lifestyle and spending habits, focus on a range of savings strategies that will be s...

The goal of renovating for profit is to minimise expenditure and maximise return. Here are six smart renovation ideas that will resonate with prospective buyers and help you get a great return when you sell. Curb Appeal  First impressions are everything. Consider the view from the street and if it has that ‘wow’ factor.    Spruce up the front façade, fence, garden, windows, roof and driveway. Make them work together to add charm. Kitchen  Reno...

Building your own home can be one of life’s most rewarding milestones. Not only does a new build have the potential to save you money, but it also gives you the opportunity to design the home you’ve always wanted with all the latest fixtures and fittings. You can also plan your finances with confidence, knowing your new home will need little maintenance or repair for years to come. Your finance needs when building a new home can differ a little from buying an established propert...