Raiz Super now has over $70 million in funds under management (FUM).
Just like a bank account or your Raiz Account, superannuation is your money. That’s why we want you to feel confident and connected to your future, enabling you to view all your investments in one place, on your mobile phone, through the Raiz App.
28-09-20
George Lucas, Raiz Group CEO
With the US election fast approaching, research shows most investors think Democratic nominee Joe Biden will win the US presidency over Republican incumbent Donald Trump.
Saving can be tough in this current environment, but that doesn’t mean you should give up on building a financial nest egg for you and your loved ones.
While growing your savings undoubtedly takes a degree of effort, there are some simple ways to start on the path to financial security.
We often get asked “what is the performance or return of my Raiz investment”.
Calculating how an investment is performing is typically done using one of two standard methods that you may have heard of before. One method is called Return on Investment (ROI) and the other is called the Internal Rate of Return (IRR).
Australia has officially entered recession for the first time in nearly 30 years, and with the continued presence of COVID-19, we may be in for a protracted period of economic fallout.
14-09-20
George Lucas, Raiz Group CEO
Last week saw a pullback in the US equities market, led by a major sell-off in the US tech sector. The pullback wasn’t restricted to the US, with similar slides in other stock indices overseas and in European markets. However, the pull back in Europe has not be on the same scale as the US.
Life is inherently risky. Every decision you make, whether it’s getting into a car, going on a holiday, or moving house, carries some form of risk that things will not go as expected. But to dodge risk by locking yourself in a cocoon is to pay the highest price: you miss everything.
We welcomed the findings of a parliamentary committee that has rejected calls for an outright ban on screen-scraping, acknowledging that it found no evidence of consumer harm due to this practice. Screen-scraping is the name (albeit a poor one) given to the technology that powers our Round-Ups feature, allowing us to see banking transactions and find the virtual spare change with your consent.
31-08-20
George Lucas, Raiz Group CEO
Last week saw global equities hit record highs, ending a bear market that at one point had wiped a third of the value, or roughly $22 trillion, off publicly traded companies around the world, according to the FTSE All World index, which covers around 4000 companies in 47 countries.
As a Raiz investor, you have already begun your investment journey. You have experienced how simply putting aside the spare change from your purchases, or investing a little extra each week, fortnight or month can bring you a step closer to financial freedom.
