Ask a farmer about average rainfall figures and he’s likely to look at you sceptically. Knowing how actual rainfall varies from year to year, farmers will carefully manage their crops and irrigation. It’s a lesson many investors could learn as well…
If you are you borrowing money to invest, or considering it, it’s important to ensure you aware of the many risks involved. Gearing, or borrowing money to invest, can be a great way to grow your wealth, but it isn’t for everyone.
At the start of last year, with global and Australian shares down around 20% from their April/May 2015 highs, the big worry was that the global economy was going back into recession and that there will be another Global Financial Crisis (GFC). Now, with share markets having had a strong run higher, it seems to have been replaced by worries that a crash is around the corner and this will give us the global recession and new GFC that we missed last year!
Whether you’re struggling to make ends meet or living comfortably, saving money can be something you’ll be finding hard to do. In her new book “Mind Over Money: The Psychology of Money and How To Use it Better” BBC broadcaster and psychologist Claudia Hammond shares insights into how we can change our ways when it comes to budgeting, spending and saving more for a rainy day...
According to the Global Sustainable Investment Alliance, over $22 trillion of assets were managed under responsible investment strategies globally in 2016, up 25% from 2014.
The rise of ESG (environmental, social and governance) investing can be attributed to a number of factors, such as generational change (Millennials and Generation X increasingly taking over from Baby Boomers in positions of influence), shifting energy sources (like renewable energy), climate change finally becoming a reality, and public-private collaborations. The list goes on.
Make no mistake, ethical/socially responsible/sustainable investing is not a vanity project or a niche thing. These days you can help out the planet by getting your money out of fossil fuels, or give the human race a break by divesting from weapons or tobacco, and still make a nice return.
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