Try and cast your mind back to August last year. For plenty of people that will likely evoke unpleasant memories of COVID lockdowns, but on a Tuesday night in the middle of August, millions of Australians sat down to respond to the 2021 census.
The use of trusts by Australians to hold different assets, including investments in exchange traded funds (ETFs), managed funds, and direct shares, continues to grow.
For many people, the phrase “investing in the share market” is framed by either gains and losses. For the “gains” group, the thought of increasing their wealth and having the potential to generate returns is what propels them to invest.
Not all financial advisors are created equal, and some might be trying to line their own pockets with commission-based sales rather that give you the best advice for your investment and retirement plan.
It’s bad enough that women face a gender pay gap approaching 14%. But the $255 average weekly pay difference between women and men can be eaten up by the so-called pink tax.