As we look back on what has been a rather interesting year, it’s worthwhile to reflect on how you have performed in terms of your financial goals. If you have achieved your goals despite this extremely challenging year – it surely calls for a celebration.
As an investor, your investment strategy will usually depend on your goals & aspirations and risk tolerance. But there’s another important factor – your investment timeline; which is broadly broken down into the short-term and long-term.
As investors, our nerves are tested often, with COVID-19 being the latest example. This usually leaves us with many questions:
Did you know there is over 10 million Australians with a superannuation account.
Australia’s central bank, the Reserve Bank of Australia (RBA), has three main objectives:
On 3 November we saw several election races take place in the US for both the Presidency and Congress. Democrat nominee Joe Biden has defeated incumbent President Trump and a Democrat majority in the House of Representatives remains likely.
Keep in mind that each asset class will have its pros and cons, and will add value to your investment portfolio in different ways. This is why having an asset allocation which suits your requirements is so important.
While some of the world’s most successful investors strongly advocate long-term investing, many of us are quick to cash in at the slightest hint of uncertainty.
Your asset allocation aims to divide your investments into different asset classes.
Having an appropriate financial plan in place covers more than just investments and insurance. The same goes for a financial adviser – there are some you will just click with, who you will feel comfortable opening up to and working with over the long term, to improve your financial future.