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Why one million dollars won’t be enough to retire on

By Cam McLellan While the growth in the projected pool of superannuation savings is impressive, it belies the harsh reality facing those not far off retirement. Increasing life spans, the effect of the GFC on superannuation accounts and the fact that the superannuation guarantee started only in 1992 is leaving older workers underfunded. And most…

Property Glossary

Source: API Magazine For newcomers to property investing or home buying, the jargon can get confusing, so here is a guide to the most commonly used terms. AAPR – annualised average percentage rate, sometimes referred to as the comparison rate. This figure takes into account all the costs associated with the loan and is used…

Understanding assets and liabilities

By Cam McLellan An asset is something that makes things better. A liability is something that makes things worse. In the investment world, an asset is something that makes you money and a liability is something that costs you money. Let’s look at a few basic examples of assets and liabilities before I explain them in…