Yield funds that harvest high dividends were all the rage 12 months ago but they have typically underperformed the Australian sharemarket over the past year.
Aussies are diverting millions of dollars away from savings accounts and term deposits into longer-term peer-to-peer investing, according to research from P2P lender RateSetter's investor base.
Self-managed superannuation funds (SMSFs) are moving away from buying blue-chip shares, high-yielding shares, cash management accounts and term deposits. So what asset classes are they buying?
Mark and his wife want to retire in nine years but still owe $300,000 on their home. Should they put their extra $800 a month into super or the mortgage?
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