Term deposits give you a higher interest rate in return for locking down your money, but just how tied down are you prepared to be? A new government proposal could see the introduction of term deposits which require 31 days notice to remove your money. More »
We’ve talked up the merits of practicing savings and investment strategies in a simulator before, but many online simulators aren’t geared particularly to Australian conditions. Investorville, developed by the Commonwealth Bank and designed to demonstrate some of the challenges of investing in property, is an exception. More »
Making money through investment follows a simple rule: the bigger the potential risk, the greater the potential reward. How do you strike a balance between growing your long-term savings quickly and not losing everything? More »
During a weak economy, people may be reluctant to spend hard-earned money on investments and risk losing it all. Money blog Steadfast Finances says there’s no need to be fearful of investing as long as you’re smart about it. More »
