While there is a possibility that the Democrats could win control of the Senate via runoff elections in Georgia, the most likely outcome is that Democrats will retain control of the House with Republicans retaining the Senate.
Spread your investments and lower your risk
Diversification is your best defence against a single investment failing or one asset class performing poorly (for example, the share market falling or one fund manager failing).
If you diversify your investments, when some fall in value, others may rise and balance out the fall. Diversification lowers your risk because, no matter what the economy does, some investments are likely to benefit.
Combine your super into one account to save
U.S. election: Three possible scenarios, and ways investors could play them
With the U.S. Presidential election now less than a week away, many investors are currently considering how the potential result could impact their portfolios. While, as our Chief Economist David Bassanese noted in his U.S. Presidential election preview, markets ultimately learn to live with whomever the U.S. president is, the note below looks at the three most plausible outcomes and some implementation ideas based on their investment implications.
Ethical Investing: It’s your choice
The 18th-24th of October saw the debut of Ethical Clothing Week in Australia. This focus on ethically sourced and locally made textiles, clothing and footwear is particularly relevant as we emerge from Covid-19 lockdown. Supporting independent businesses will go a long way to help our local communities economically rebuild.
Top negotiating tips to cut your bills now
Where do we stand with our finances since COVID hit?
With our new FPA Money & Life Tracker: Covid edition survey, we explored how Australians are going with their finances in 2020. Find out just how many Australians are feeling the effects of COVID on their income, savings and how they’re changing their behaviour as a result. Plus, we share three things you can be doing to stay on top of money matters during this uncertain time.
Nine keys to successful investing – and why they are more important than ever in the face of the coronavirus shock
Further sign Australians happy with budget
Tax cut for parents is childcare plan: PM
10 Steps to Squeaky Clean Spring Finances
Spring in Melbourne is a strange time. Beautiful sun-filled days are often rudely interrupted by arctic blasts of torrential rain. Yet, as the scent of blossom teases us with the promise of summer, we find ourselves in the throes of spring cleaning our homes, weeding our gardens and cleaning the barbeque ready for the new year ahead.
Federal budget 2020/21 at a glance
The 2020-21 Australian Budget – spend, spend, spend as the focus remains on recovery and jobs, jobs, jobs
Main points in the 2020/21 federal budget
From budget night to June 20, 2022, businesses with a turnover up to $5 billion will be able to deduct the full cost of eligible depreciable assets of any value in the year they are installed. Loss ‘carry-back’ will also be available to around one million companies, with losses incurred up to 2021/22 carried back against profits made in or after 2018/19.
Biden versus Trump – the US presidential election is looming as the next big event for investors
A financial health checklist for single women in their 50’s
As a single woman in her 50’s, life is probably looking very different to the way it did ten years ago. Your kids are grown and (mostly) self-sufficient. At the very least, they are no longer raiding the fridge on a daily basis, and you’re not responsible for paying school fees or for all their extra-curricular activities.
