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Happy New Financial Year?

Most investors won’t be sorry to see the back of the 2007/08 financial year. Share markets weakened all over the world, with the exception of a few emerging markets. The Australian share market is down more than 14% as I write, and will almost certainly record its worst performance in 26 years. And there wasn’t much, if any, money to be made in other asset classes. There was, in a sense, no place to hide, except in cash. For the year, even balanced funds are likely to show a negative return, and it’s been six years since we’ve seen that happen.
12yr ago

How to offset the financial impact of educating a child

Children might be a blessing but forking up the funds to finance a decent education isn't child's play. The more you have, the more expensive it gets. But perhaps the best way to think about saving for school fees is as an investment in your child's future.
12yr ago

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