Interest rates are the cost of money when borrowed or loaned, and are used to control inflation and economic growth. But why do interest rates rise and fall, and how can they affect you?
How will this current global market volatility and uncertainty affect the hard earned money you have invested, especially if you are nearing retirement?
The people of the United Kingdom (UK) have voted to ‘Leave’ the European Union (EU). Here we are providing some commentary from Colonial First State Investments on the short-term impacts, the outlook, the positives and the political implications of 'Brexit".
Talking to a financial adviser could literally change your life. And like any professional consultation, a little preparation will help you make the most of their expertise.
Many investors become concerned when volatility occurs in global financial markets – particularly about the impact on their superannuation and other investments. In times like these, it’s important to understand the causes of market movements and how to minimise your risk.
When deciding which investments are right for you, it is important to understand the trade-off between risk and return and how to manage investment risk. A risk profile can help identify the type and mix of investments that will best help you achieve your financial and lifestyle goals.
The main asset classes can be separated into two groups - defensive and growth investments. Cash and fixed interest are seen as defensive. Property and shares are usually classified as growth investments.