Some 50-60% of Australians are in some form of lockdown right now. The sad reality is that these lockdowns were completely avoidable and the main reason we’re in this mess is the unfathomable incompetence of a handful of individuals. Politicians will point the finger at rule breakers or blame the “unprecedented” contagiousness of the delta […]
Author: Daniel Moradian
Home loan products: Redraw facilities and offset accounts
For each day that you owe money to the bank on a home loan, interest accrues on that loan. You make periodic home loan repayments and if your home loan is a P&I loan (see Home loan products: P&I vs IO loans), the value of your loan, the principal, will slowly trickle downwards. What if […]
Inflation watch
We interrupt your regular home loan-related posts to bring you an important update all the way from the US of A. There’s been a very interesting development around inflation. Okay interesting is probably a strong word. Wait. Don’t close the browser yet. This is absolutely something you should care about. The 101 If you haven’t […]
Home loan products: Variable vs fixed rates
I’d like to say we’re almost done with home loans but if I did I’d be lying. There’s so much complexity out there on this topic and it has such a profound impact on your cash flow that I think everyone has a right to know as much as possible before taking the plunge. So […]
Home loan products: P&I vs IO loans
When I was younger (I wasn’t the coolest kid) I used to wonder why anyone would take on a massive home loan and opt to pay off the interest only. When you take on a home loan, you can typically choose from P&I (principal & interest) and IO (interest only) products. Here’s what they mean […]
Home loan products: Owner-occupier vs investment loans
Whether you’re buying your first home or you’re looking to invest in property, chances are you aren’t quite wealthy enough to fork out the hundreds of thousands or even millions of dollars it can cost to buy one outright. Even if you do happen to have a seven figure bank balance, you probably won’t even […]
Share investing 101: The basics
I was 21 when I placed my first trade. There’s so much more I know today that I wish I knew back then and you too should definitely be looking to arm yourself with as much information as you can before you place your first trade. There’s no way we can cover everything you should […]
What to do with $10k right now
Here we take a look at what an average person with an average risk profile should do if they had managed to save $10k and didn’t know how to best make use of it. Please understand this is not financial advice, it does not take into account your personal circumstances and it’s only here to […]
Home equity
What is equity? How much equity should I have in my home or investment property? How does equity fluctuate? What does ‘negative equity’ mean and could it affect me? Strap in for answers to all the questions you never asked. What is equity? Say you own a 100sqm rusty tin shed with no ceiling in […]
Passive vs active investment
Imagine if you will the only available investment opportunity is to invest in shares of sandal manufacturers. You are presented with two options. Option 1 is to take a long-term buy and hold position in a fund which holds interests in the top 100 sandal manufacturers in the world. Option 2 is to constantly buy […]
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