Diversification: Spread your investments and lower your risk

Diversification is an investment strategy that lowers your portfolio's risk and helps you get more stable returns. You diversify by investing your money across different asset classes such as shares, property, bonds and private equity. Then you diversify across the different options within each asset class. For example, if you buy...

6 ways to help reduce your debts before you retire

As your working life draws to a close, your social life and recreational activities don’t have to. If you’re anxious about money still owing, here are some helpful hints. Ahh retirement! You may have been dreaming about it for decades. You see yourself hanging up the work boots, putting away...

14 money mistakes to avoid in your younger years

Here’s a list of things you could stop doing if you no longer want to rely on the bank of mum and dad, or that credit card. In your 20s and 30s, you might be saving for a car, your own pad, or an overseas trip (COVID-19 can’t last forever,...