Some of the biggest rewards of this year are now live for our first ever March Madness! For 2 days only (March 11-12), many of your favourite brands have decided to give Raiz customers exclusive boosted rewards.
Do you know what types of life insurance you already have – and how much you may need, if any?
According to a recent study by research firm Rice Warner, the average level of life insurance Australians have is around half the amount they need to be financially secure. So that means many Australians may be underinsured compared to their expected level.
For most investors, investing comes with a strong emotional attachment. If stocks go up, it is easy to feel elated. If stocks go down, it is even easier to feel devastated. It’s only through experience in the market that we can learn how unbeneficial it is to be emotionally invested in our investments.
First to equities. The MSCI World Index, the broad global equity index representing large and mid-cap equity performance in all 23 developed markets nations, has risen around 6 per cent since COVID-19 vaccination programs started in early December.
Any marathon runner will tell you: You don’t think about all 42 kilometres at once. That would be too overwhelming. Instead, picture the race in chunks: 5km, 10km, or even one kilometre at a time. Manageable chunks.
When you buy a house for another party you will need to pay Transfer Duty (formerly known as Stamp Duty). However, if you’re a first home buyer in NSW you will only pay a concessional rate or no Duty at all if you meet a set of criteria.
Economist were on the edge of their seats on Tuesday… but not because of GameStop stock. It was the Reserve Bank of Australia’s (RBAs) interest rate decision day, and it came with some surprises. Whilst the RBA governor Philip Lowe announced that the Central Bank will keep its cash rate target at a record low 0.1%, which was expected, he also said that the RBA was unlikely to consider raising this rate before 2024. That is over three years away!