Finance News
The infamous family road trip of the 1970s; no air conditioning, AM radio, scalding hot car seats, is being revived with the aim of raising $40,000 to help support research into the rising epidemic of life-threatening food allergies amongst children. Over five days, participants of the inaugural Great Australian Road Trip will drive from Melbourne…
Total assets in self-managed superannuation funds (SMSF) rose to a record as an increasing number of investors from younger age groups opted to take control of their retirement savings. SMSFs held nearly $439 billion of assets as at 30 June 2012, up from $423 billion at the end of financial year 2010/11, the Australian Taxation…
Don’t let another year go by without sorting out your money. Here are the top ten things you can do to make 2013 really count. 1. Set your savings goals Identify some specific, realistic saving goals and put them up on your fridge so you see them every day. Create achievable goals and we can help to…
Documents, real estate, money, or securities deposited with a neutral third party (the escrow agent) to be delivered upon fulfillment of certain conditions, as established in a written agreement. An account held by the lender into which a homeowner pays money for taxes and insurance.
Initial Public Offering. The first sale of stock by a company to the public. Companies offering an IPO are sometimes new, young companies, or sometimes companies which have been around for many years but are finally deciding to go public. IPOs are often risky investments, but often have the potential for significant gains. IPOs are…
Announcing The Launch Of The Guru News For 2013 Learn to take control of your personal finances in 2013. From establishing concrete financial goals to increasing your net worth, this FREE weekly newsletter series will help you how to achieve all of your financial dreams. Join the happy subscribers or recommend a friend who have already made the…
Ben Bernanke gave us the term “fiscal cliff” this past summer, and it has captured the public imagination. For someone who thinks he can control the economy, the ultimate disaster is to have a recession occur on his watch. Given that the toolbox that the Federal Reserve can bring to the next recession is essentially…
The Chairman of Berkshire Hathaway, and arguably the greatest stock market investor of all time. An investor who chose to invest $10,000 in Berkshire Hathaway when Buffett took over in 1965 would have more than $20 million today. His forte is in identifying undervalued companies, and he is well-known for taking a very long-term positions…
