Tag: Investment

What style of investing is right for me?

Last week we looked at the two ways you can earn money through investing: income and growth.

But how do you know which style is right for you?

It’s important that your investment strategy is aligned with your purpose. We all have different goals, and this means that a one-size-fits-all approach to investing simply won’t work for you.

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How can I make money investing?

According to Investopedia, investing is

“the act of committing money or capital to an endeavor with the expectation of obtaining an additional income or profit.”

Note that it says “the expectation of additional income or profit”. It’s far from guaranteed. But just how can you make money from investing?

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What’s the best investment?

Over the weekend, having recently returned from our overseas odyssey, I was thrilled to attend the opening of Hope: From Robe to Riches. The brainchild of my dear friend, and one of Enrichmentality’s first believers, Dr. Joanne Sullivan, the exhibition is currently on display at Gum San (金山) in Ararat. And it’s an  exhibition that got me thinking about the concept of investment.

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How much should you spend on an engagement ring?

As Australians vote on marriage equality, and the phrase ‘diamonds are forever’ marks its 60th anniversary, I thought it appropriate  to ask how much you should spend on an engagement ring.

One usual answer is “three months’ salary”. Sometimes you may hear “as much as you can afford”. There are even (extremely depressing) calculators to “help” hopeful fiances to calculate an appropriate figure.

If you’re a regular reader of this blog, however, you’ll realise “how much should you spend on an engagement ring?” is of course a trick question.

But it is one that is interesting for us all -of any gender, sex, sexual identity, or marital status – to consider.

Continue reading “How much should you spend on an engagement ring?”