Are we in another 1990s tech bubble? A quick look at the valuations of the so called FAANMG group of stocks – Facebook, Apple, Amazon, Netflix, Microsoft and Google – and it certainly feels like it we’re in a tech stocks bubble a-la the late 1990s. However, if we compare valuations of this group to historical valuations during the major global asset bubbles over the last 40 years, it’s possible FAANMG and tech generally might …
Changes to super are coming into effect from July The clock is ticking and changes to the superannuation rules will come into effect on 1 July 2017. While the government will reduce the amount of money you can put into super from 1 July 2017, the good news is that you could still take advantage of opportunities before the financial year ends. See what you should be aware of and what the new laws could mean …
Are we becoming a cashless society? Australians are edging towards a cashless future, as consumers use debit cards or other electronic payment methods in preference to cash at the checkout and online. But whether we will entirely shun notes and coins in the future is not certain. For one thing, cash has its benefits. It’s easier for small transactions such as buying a coffee or tipping a waiter. However, the rise of contactless, credit …
5 Reasons Why You Are Still Stuck Knee- Deep in Credit Card Debt With the credit card bills piling up, you know you have created a ditch for yourself unwillingly. The events that led you to this point are a blur, mostly because you may not be willing to admit your mistakes. When someone point blankly tells you where you are going wrong, it dawns on you that it may be time to fix the …
