Archive for July, 2008
Watch Lists - Starting Point For ShareMarket Investing
Monday, July 21st, 2008A Watch List is a list that you set up to monitor the price of stocks and the value of your portfolio. It records the daily price movements and also has historical price information for each of the stocks on the list. If you already own one or more of the stocks in the list, [...]
Ways To Pay Off Your Mortgage Quickly
Monday, July 21st, 2008The word ‘Mortgage’ is a concatenation of two French words ‘Mort’ and ‘Gage’ meaning - ‘death’ and ‘pledge’. So mortgage means ‘death-pledge’. If you stick to the repayment schedule that your lenders determine for you, then you will repay your mortgage in 25 or 30 years…That is a long time - this is actually when [...]
What Is Dollar Cost Averaging?
Sunday, July 20th, 2008We all know that every market has its ups and downs. If only we could all invest at market lows and reap the benefits when the markets go up… The reality though is that it is not easy to ‘time’ the market..This is where ‘Dollar Cost Averaging’ comes into play.
Dollar Cost Averaging simply means [...]
Super Fund Return Statements
Sunday, July 20th, 2008I received year end statements for my super fund and as expected there was a huge drop in my fund balance. Though it was kind of expected, it was still a shock. According to reports released by research house, SuperRatings, the median balanced fund delivered a negative 6 and 7 per cent.
The median balanced [...]
U.S House Foreclosures
Saturday, July 19th, 2008There has been a lot of media coverage about ‘Foreclosures’ in America. There were reports of houses selling for less than the price of a car…So what exactly is happening in America - How come the house prices are so low but still there are no buyers..
What Is Foreclosure
When you purchase a home, the lender [...]
Current Mortgage Interest Rates
Saturday, July 19th, 2008The official interest rate is currently at a 12 year high of 7.25 per cent. Usually whenever RBA rises official interest rates, banks follow suit and increase the standard variable home loan rate. Lately however the banks have increased their interest rates independent of RBA. This calendar year, RBA has increased interest rates twice but [...]
Web Hosting Companies In Australia
Friday, July 18th, 2008A lot of Australian small businesses falsely assume that they need to host their websites with an Australian hosting company. They are led to believe that if your hosting provider is locally based then you get better support.
These days its not just businesses that have websites…Even individuals like me and you might need websites [...]
Ten Point Checklist To Help You Pick The Right Mortgage Broker
Thursday, July 17th, 2008When financing your home you can either go straight to the lender or go to the lender through a mortgage broker. If you are planning to go through a mortgage broker, here is a checklist that can help you pick the right mortgage broker:
1. Accreditation And Qualifications: The mortgage broker has to be a member [...]
When Will I Get My Tax Refund Back
Wednesday, July 16th, 2008ATO claims that most returns will be processed and turned around within 14 days. You can file your tax return in one of the following ways:
1. Grab a tax pack from a newsagent and do your tax return yourself.
2. Get the help of a professional (tax agent).
3. Do it online - Visit ATO website [...]
Education Tax Refund
Tuesday, July 15th, 2008In the current federal budget, the government announced 50% Education Tax Refund to help families with the costs of education.
Parents entitled to Family Tax Benefit A will be eligible for this tax refund. You can claim 50% tax refund on expenses up to:
* $750 in educational expenses for each child undertaking primary school [...]
