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Showing posts from January, 2023

Trading Calendars - Australian Investment Education

  The importance of a trading calendar is often overlooked by those actively in the market. The key to successful trading is being organised and layering multiple tools and skills on top of each other and a comprehensive trading calendar and knowing what is coming is an integral part of that. Tune in this week on why trading calendars are so important and how to set one up: Broad Market Focuses In uncertain market periods, investors look to the release of economic data to gauge where the market is at, and where it might be headed. Major data points can have major impacts on the market and quite often it is the risk you were not aware of that is the biggest. Host Andrew Baxter notes that there are some key ones you should be on the lookout for, particularly now when economic conditions are the main focus. Consumer Price Index and Producer Price Index come to mind, along with employment data and housing starts. Standalone, these fragments of data do not provide all the a

5 Toxic Money Habits - Australian Investment Education

  In every part of our lives we have good habits and bad habits, some more costworthy than others. The focus of this episode, however, is a few common bad habits around the important topic of money. Listen in and see if you have any of these 5 toxic habits: Credit Cards Since inception, opinions have been split on credit cards. Like anything, there are smart ways to use them and actions that can lead to catastrophic consequences. Modern banks now offer the ability to transfer outstanding credit card balances for a “reward”, however you are the one who is in fact paying the price. Host Andrew Baxter points out that transferring debt is just moving money out of one place and into another, neither of which are particularly helpful. The banks are happy to service the action because they will collect a fee for doing so, and the other credit card company is happy to take on the debt because you will still owe the interest on the current balance on the card. Ensuring you spen

How to Make the Dream of Retiring by 40 a Reality | Australian Investment Education

Retire Before 40: If your goal is to retire by the time your 40, you’ll need to follow a process that puts you ahead of the bunch. The following is your go-to, step by step guide on how to put down the tools by 40 years old. A dream, but with a deadline The dream to retire by the beach sipping cocktails on a Wednesday afternoon is one we all crave, albeit the economic experts say most people of our generation will be working until they’re 80… that’s right, 80! The question arises, how do you move this deadline forwards by 4 decades or so to retire by 40? The answer: by following a distinct process with some structure and methodology to get ahead of the game. Here are 5 tips to ensure you arrive at the party before it even starts. Step 1: Find out what retirement really means to you Most think retirement is about having enough assets to keep you comfortable into the future – the fact is: once you get to the level of retirement, the game changes significantly. This ga

Earnings Preview - Australian Investment Education

  We are now in the US earnings season. Months of anticipation will finally be satisfied as companies across the US show investors how their business has been affected amidst rising inflation and surging interest rates. Join us this week as we run through what might happen: What is the Earnings Season? Once every quarter in the US, publicly listed companies are required to release their earnings. In Australia, companies are only required to report earnings every 6 months. This is done over the course of about a month and offers current and potential investors the chance to see how a business has performed. Host Andrew Baxter is particularly intrigued this time round given the current conditions of the economy making the business world a very tricky place to navigate. It will certainly be interesting to see how companies have performed with increased interest rates and inflation remaining a major issue to contend with. If you’re a stakeholder in a company, it can be daun