Best way to create a residual income

1. Try out index funds. Index funds provide you with a way to invest in the stock market that is completely passive. For example, if you invest money in an index fund that is based on the S&P 500 Index, you will be invested in the general market, without having to concern yourself with choosing investments, rebalancing your portfolio, or knowing when to sell or buy individual companies. All that will be handled by the fund which will base the…

Access easy loan for your business

Payment Example If you borrow $400 and select automatic payments, your fee will be $48. You’ll pay back a total of $448 in 3 monthly payments of approximately $149.33 each. Your total cost to borrow (Annual Percentage Rate) will be 70.65%. Simple Loan is a high-cost loan and other options may be available: Premier Loan – A personal loan with no collateral needed Credit cards – Use to make purchases or get a cash advance Reserve Line of Credit –…

How to protect your account

The risk of a fraudster accessing your bank account through the card you use at the ATM or a shop terminal is very real. In fact, card fraud accounts for more than $624billion a year, or 48c in every $1,000 Australians spend on their bank cards1. But there are a few simple steps anyone can take to minimise the risk of people accessing our accounts via our cards. Here they are. 1. Check the machine One of the most common…

Watching your investment Grow

Investing for growth involves purchasing something that will appreciate in value. Real estate, stocks and business ownership are the most common forms of growth investments. No matter what your age, part of your portfolio should be allocated toward investment growth. For those within 10 years of retirement, the right amount would be somewhere between 60% – 80% of your portfolio. To have a successful experience investing for growth, follow these 3 rules. 1. Invest for the Long-Term Long-term means when…