Borrowing money to invest, also known as ‘gearing’, can be a risky business. While it can increase your returns when markets rise, losses can be extreme when markets fall. It is important to understand the risks involved when deciding whether borrowing to invest is right for you. Benefits:The main benefits of borrowing to invest are:…
There are a number of options when it comes to choosing an income investment scheme. Investments that generate regular income can be useful in a number of various situations, for example funding your retirement lifestyle. Options to consider include managed funds or exchange-traded funds (ETFs). Managed funds are where your money is pooled together with…
If you are in a position to invest, it can be a great venture to help grow your wealth as well as provide opportunities for others through your contributions. Before investing though, you need to consider what is the best avenue as there are many aspects of an investment you will need to examine to…
Personal loans have become a fast-growing financing option for consumers, with payday apps and websites gaining popularity. For aid between paychecks, payday loans can be very helpful for the pay cycle lull. Taking out a loan is not something to enter into lightly though, there are many variables that should go into your decision-making process.…
Have you ever felt like you’re just not getting ahead financially, and that even when your income increases you seem to be on a treadmill of spending every cent you earn and sometimes even more? Often, when I meet clients for the first time, and ask them how much they are spending and how much…
Businesses need to access finance with ease in order to sustain and develop themselves. Is your current bank still cutting it? Here are some indicators and tips to effectively assess your business’ banking needs. Assessing your needs:Evaluating and reevaluating your business’ financial needs is the first step towards choosing the right institution for your business.…
People and internal processesArguably one of the best forms of investment is in the employees you hire, and the talent, experiences and skills that come with them. Take the time to reflect the strengths and weaknesses of your business and where you can retain or invest in your people. YourselfConsider investing in a way that…
Credit cards are useful financial tools that can help you manage cash flow but can run you into debt if you are not careful. Before you swipe your first credit card consider the following do’s and don’ts, so you gain all the advantages without the headache of a tarnished credit rating. Do’sThere are several actions…
The expenses of running your office and paying for rent add up to a significant cost to your business. There are several key ways you should consider to reduce costs, without sacrificing conditions in your environment contributing to your employee’s productivity. Consider the following tips to help you better your bottom line on your office…
When it comes to saving money on anything from home loan interest rates to new appliances for your house, haggling is critical. Master some of the haggling skills below to reap some saving rewards. TimingIf your timing is not right many of your haggling skills will be wasted. Make sure you are bargaining when the…