Finance News - News Home Credit Card News Banking News Loans News Insurance News Investments News News Archive Finance News Search
Advertisment
click here

Top Savings Accounts for July

Bankwest TeleNet Saver

  • Rate : 8.25 %
  • Account Fees : Absolutely no fees
  • Minimum Balance : No minimum balance

 

directsaver account from St.George

  • Rate : 8.1 %
  • Account Fees : No monthly accounting fee
  • Minimum Balance : None

 

RaboPlus - High Interest Savings Account

  • Rate : 8 %
  • Account Fees : No Fees
  • Minimum Balance : $0

 

Advertisments
Allianz Insurance - click here     HSBC Serious Saver - click here

RAMS Home Loans - click here

Investing in fear

Investing in fear

Related articles

Date Published : Monday, May 12, 2008

Just about everyone has fears. Whether it be death, spiders, commitment or losing to England in the Ashes, fear has become synonymous with negative events.

One of the biggest and most common fears is losing money and finding times tough.

However, according to a new report, embracing fears when investing your money could be the key to financial success.

The Australian Associated Press claims that both fear and greed have been the two biggest driving forces behind the growth in Australian investment markets over the last few years.

More people have become investors as a result of their fears of not having enough money to keep them going through their retirement years.

However, the fear has come back to haunt many investors over the last few months, as the global credit crunch has led to panic and a rush sale of investments.

The result has been that many people have lost between ten and 20 per cent of their superannuation funds over the last six months.

Despite this, those who have embraced the fear among investors and banks have been able to profit and profit well.

According to the news provider: "There have been plenty of bargain-priced shares in Australia this year.

"Blue-chip companies with long histories of profit growth dropped so low that in some cases their dividend payments alone were delivering a higher annual return than term deposit accounts."

The Australian Securities and Investments Commission recently announced that is on hand to help those in need of financial guidance with their investments.

For those willing to embrace the fear and panic, large gains could be made.
ADNFCR-1411-ID-18588766-ADNFCR

 

 

 

Latest Money News from Money-Au.com.au

  • Finance News
  • Credit Cards
  • Banking News
  • Loans News
  • Insurance News
  • Investments News
  • Buy now, pay later deals 'can have sting in tail'
    Buy now, pay later deals that come with an interest-free 'honeymoon' period can be extremely tempting to shoppers - but if they fail to manage the debt or do not pay it off before interest starts to accrue, consumers could end up paying a lot more than they bargained for.
  • Australia 'needs 1m new homes'
    Australia's "booming" population and continuing demand for homes means the country will require one million new homes to be built by 2013, new figures from the Housing Industry Association (HIA) show.
  • Household wealth of Australians 'up 50%'
    The average net wealth of Australian households increased by around a half between 2002 and 2006, a new report has found.
  • Groups suggests loans for maternity leave
    Parents exploring ways of remaining a home while their children are babies should be able to apply for a loan to provide them with paid leave.
  • Cash rate held
    The board of Australia's national bank has announced that it has decided to leave the official cash rate unchanged at 7.25 per cent for another month.
  • Household wealth of Australians 'up 50%'
    The average net wealth of Australian households increased by around a half between 2002 and 2006, a new report has found.
  • Report: Credit card and bank fraud numbers top 380,000
    Credit card and bank fraud figures in Australia numbered above 380,000 during the second half of 2007, making them the most popular ID scams in the country.
  • Government advised to control credit
    The Australian Bankers Association (ABA) has warned that the government needs to control consumer's access to credit if it wants to tighten up controls in the financial industry.
  • NAB-HBOS bid rumours continue
    Rumours that the largest bank in Australia is preparing to make a bid for Halifax Bank of Scotland's business in the country have stepped up a gear after insider information regarding the affair has come to light.
  • Court could beckon for eBay case
    Internet auction site eBay could be set for a court date with the competition regulator over the website's limitation of payment methods for Australian consumers, according to reports.
  • Cash rate held
    The board of Australia's national bank has announced that it has decided to leave the official cash rate unchanged at 7.25 per cent for another month.
  • Aussies stay on rich list
    The number of people in Australia who can officially call themselves millionaires increased last year, new statistics have revealed.
  • Budgeting for baby
    The impending arrival of a new baby brings with it a seemingly unending list of things to do, so much so that financial matters are often shifted to the back-burner - but experts warn that this approach can be "very dangerous", as bankrolling junior's early years requires careful planning.
  • Budgeting for baby
    The impending arrival of a new baby brings with it a seemingly unending list of things to do, so much so that financial matters are often shifted to the back-burner - but experts warn that this approach can be "very dangerous", as bankrolling junior's early years requires careful planning.
  • Australians 'putting less away for rainy day'
    The number of Australians that are putting some of their household income away in savings accounts has fallen as economic pressure forces some families to break open their nestegg, new research shows.
  • Buy now, pay later deals 'can have sting in tail'
    Buy now, pay later deals that come with an interest-free 'honeymoon' period can be extremely tempting to shoppers - but if they fail to manage the debt or do not pay it off before interest starts to accrue, consumers could end up paying a lot more than they bargained for.
  • Australia 'needs 1m new homes'
    Australia's "booming" population and continuing demand for homes means the country will require one million new homes to be built by 2013, new figures from the Housing Industry Association (HIA) show.
  • Groups suggests loans for maternity leave
    Parents exploring ways of remaining a home while their children are babies should be able to apply for a loan to provide them with paid leave.
  • Consumers take lodgers 'to help pay mortgage'
    Lodgers are being utilised as one solution to easing the financial burden felt by homeowners in Australia as mortgage repayments continue to squeeze consumer spending.
  • More homes needed, says HIA
    One million new homes need to be built in the next five years if Australia's growing population is to be housed, according to the Housing Industry Association (HIA).
  • Budgeting for baby
    The impending arrival of a new baby brings with it a seemingly unending list of things to do, so much so that financial matters are often shifted to the back-burner - but experts warn that this approach can be "very dangerous", as bankrolling junior's early years requires careful planning.
  • Budgeting for baby
    The impending arrival of a new baby brings with it a seemingly unending list of things to do, so much so that financial matters are often shifted to the back-burner - but experts warn that this approach can be "very dangerous", as bankrolling junior's early years requires careful planning.
  • Rise of the Kippers
    Difficulties in securing a home loan and the increasing cost of living in many Australian cities are fuelling an explosion in Australian Kippers - Kids In Parents Pockets Eroding Retirement Savings - according to reports.
  • Rise of the Kippers
    Difficulties in securing a home loan and the increasing cost of living in many Australian cities are fuelling an explosion in Australian Kippers - Kids In Parents Pockets Eroding Retirement Savings - according to reports.
  • How the Westpac-St George merger affects you
    As the dust settles on one of the largest changes to the Australian financial sector for decades, consumers across the country are pondering how the events at Westpac and St George will impact on them.
Advertisments
St.George Bank - click here   iSelect - click here   1Cover Insurance - click here