"After fees and costs, together they return about $16,000 a year, where interest would potentially return more without the headache of tenants and repairs," Karen tells Paul Clitheroe.
When I completed the CFA program in 2001, I was told there were only two women in the Melbourne chapter before that year. When I went to my first investment briefing lunch in a fund manager boardroom, I was the only woman of around 30 attendees.
Aren't financial planners just for wealthy people? That's a myth, says David Sharpe, a certified financial planner and chair of the Financial Advice Association Australia.
Two unmistakable trends in Australia - people retiring earlier but living longer - are creating funding headaches for hundreds of thousands of Australians.
Working with financial advisers can drastically improve your quality of life, new research shows. But if that's the case, why is hardly anyone using them?
Michael and his wife have $820,000 in super and $330,000 in shares. "Do I distribute my assets to my kids now so I can get a pension later?" he asks Paul Clitheroe.
Is a financial advisor the missing piece to your financial puzzle, or is that an unnecessary cost? Jeremy Lack joins us on the Friends With Money podcast.
The Compensation Scheme of Last Resort has made its first payments to four victims totalling more than $360,000, three of which related to bad financial advice.
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