The term metaverse is a fascinating one, and its common use in traditional and social media is on the rise. The metaverse doesn’t really refer to any one specific type of technology, but rather a broad shift in how we interact with technology. Read Post
Thinking of making 2022 the year you invest in property? Here are some hints at useful resources and things to consider before signing on the dotted line. Read Post
A stock split is when a company increases the number of total shares available to trade to boost its liquidity and make it more accessible to investors. At the same time, the price of the share decreases because there are more shares in the company. Read Post
07-02-2022
George Lucas, Raiz Group CEO
Last week saw the Bank of England hike its main interest rate for the second time in a row while the European Central Bank indicated a hawkish shift in policy. The moves reinforce the view that yields of long-dated government bonds in the UK and eurozone will rise over the next two years.
Planning to one day soon head on a magical vacation? Is a full service to the car on the cards? Or maybe you just want a juicy buffer to be prepared when you are ready to spend. In any of these cases, saving and investing can get you on the path to where you want to go. But who said we had to all get there on the same path? If your goal is saving and investing $5k, here are some ways to get it done.
Ever dreamt of giving up the daily 9-5 grind and just kicking back? If so, you are not alone. The FIRE (Financial Independence, Retire Early) movement is growing in popularity and is challenging the mindset that we need to work until we are 65 or older. Read Post
24-01-2022
George Lucas, Raiz Group CEO
Right now, all market news is focused on the US and its main indexes, with the S&P 500 down by around 6 percent year-to-date and the NASDAQ Composite about 10 percent lower, roughly 12 percent off its mid-November high, surpassing the popular definition of a “correction”. Read Post
Rentvesting is a home-owning strategy where you rent a property to live in that fits your lifestyle, while you own an investment property that fits your budget. This is because in the current property market, many Australians cannot afford their dream home now, but do not want to be left off the property ladder altogether. Read Post
We at Raiz are proud of the support from our customers in December whose efforts assisted us in planting trees. The small efforts from our customers have added up to make a big difference, whether it is by improving their finances or helping in our effort to fight the negative effects of climate change.
Round-ups are the most popular saving and investing feature at Raiz, with more than 230,000 Raiz customers using round-ups to boost their saving and investing.
