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Personal Finance

How to choose the right level of life insurance cover in Australia?

Are you single? Yes or No Do you have kids under 18 years old? Yes or No – Two questions before you start When we talk about life insurance in Australia. We talk about three different types of coverage: life insurance, income protection and total and permanent disability (TPD) cover. If you already have life […]

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Personal Finance

Australian Shares Holding – September 2019

The portfolio has grown by almost 4% since March. The modest growth is mostly due to the overall ASX market going up after RBA announced two interest rate cuts. Most holdings in the ASX is probably overpriced at this stage – not a good time to buy unless there is a good dividend on offer. […]

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Personal Finance

Australian Shares Holding – March 2019

Here is my current holding of ASX-listed shares as part of my larger portfolio – currently at 15.1% return since inception. I use simplywall.st to keep track of any price movement. My exposure to the Australian market is way too high. I look forward to mitigating this in the near future. The Australian sharemarket is […]

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Personal Finance

How to choose the right retirement investment fund?

For people under 30 years old in particular, how much superannuation money they will enjoy when you retire at age 65 (by 2023 the official retirement age in Australia will be 67 years old) depends more on the annual fees you pay on your fund than the annual growth of your fund. Less fee paid […]

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Personal Finance

How to choose personal bank accounts?

Key takeaways: A transaction account should have a zero account fee, while a savings account should have the highest interest rate in the market even after the end of its introductory period. Choose a transaction account based on the most critical feature you need. For example, if you travel overseas a lot, you might want […]

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Personal Finance

Personal finance skills all millennials need

Here is a short list of important personal finance skills all adults should know well. I will write more about each skill in depth in the coming weeks. You can also google the questions below if you need your answers straight away. How to choose personal bank accounts? How to choose the right retirement investment fund? […]