Money, Investing, Wealth Blog by Tracey Edwards
Let’s be frank, and talk franking credits on dividends. We are lucky in Australia, we have a lot of stable high-yield dividend stocks and quite a lot of them have tax benefits in the form of franking credits. If you receive dividends you’ve probably noticed that they can be either fully franked, partially franked, or […]
If you have $5,000 in credit card debt and you only pay the minimum balance, it will take you 33 years to pay off. That’s longer than a normal home loan. And, you would have spent over $17,000 based on an average interest rate of 18%. If you have a $10,000 credit card debt, paying the […]
With interest rates on the rise, you might be wondering how that is going to affect the stock market. The Reserve Bank of Australia raised rates on 5th July 2022 by 50 basis points. The new cash rate is 1.35% with more rises predicted in the future. Now we can’t say what exactly will happen […]
Having monthly income from your investment portfolio can be really helpful. Especially if you rely on that income for paying your bills or, if you’re like me, you live off the dividend income. In my investment portfolio, I have a mix of both individual companies and ETFs. But I know many people prefer buying ETFs […]
It’s approximately 26 weeks until the end of the year and 2019 will be over. Whether you want to save for Christmas or just want to bolster that sad savings account up to a few thousand, let’s start now and aim for an extra $2,000 by the end of the year. I’m sure you’ve seen […]