‘If only I had a second chance’

No matter our age, most of us would probably look back on some aspects of our lives and say to ourselves: “If only I could do that again; if only I had a second chance”. This, of course,...

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The critical difference between desired and required returns

We probably all remember during those long difficult car trips as children repeatedly saying such irritating things to our parents as: “When do we get there?”. Perhaps adding to reinforce...

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How to explain our irrational behaviours

Nobel prize-winning economists do not usually have a lot to say to everyday investors. This year is different. Professor Richard Thaler won the Nobel memorial prize for economics for his work in...

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Think ahead about smart retiree spending and investing

A common personal finance trap is to concentrate on saving and investing to finance our eventual retirement without thinking enough in advance about how to invest and spend that money in retirement. ...

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Technology: An adversary in the fight for 2% inflation

It’s been a generation since inflation last ravaged Australia, with costs for ordinary consumer goods rising on a seemingly daily basis. Indeed, in the wake of the global financial crisis,...

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The art of downsizing

The kids have finally left home and now you’re rattling around in a house way bigger than you need. If it’s time to think about downsizing, there’s more to it than simply selling one house and...

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How to develop a "dynamic" approach to retiree spending

As Smart Investing recently discussed, the combination of historically-low yields, expected muted investment returns and growing life expectancies are making it particularly challenging for retirees...

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Has your business got this covered?

It’s not uncommon for business owners to take short, irregular holidays because they don’t have the support to keep their business running without them for a longer break. Aside from taking time...

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Does money bring happiness?

The short answer is ‘yes’, but only up to a point. People in richer countries are, collectively, happier than people in poor countries. Within countries, people with higher incomes are generally...

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Wrapping up your super

Self-Managed Super Funds (SMSFs) have their attractions, but many find the administration effort and associated costs prohibitive. If you would like to take greater control of how your superannuation...

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