Tag: Shares

Do you have too much American influence?

In one of the older posts here on Enrichmentality, we talked about financial resources being a bit like milk – in some cases, the older they get, the more off they are. So the time of production of any advice is important. Especially in the case of highly-specialised, subject to frequent change information. Like interest rates or tax rates or first home owner’s grants. But how much should we worry about where our advice comes from? Is there such a thing as too much American influence?

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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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Are you neglecting your finances?

Piles of unopened bills. A wallet full of receipts and ATM statements. More accounts than you can remember the balances of. Cards you can’t remember the PINs to. Waking up in the middle of the night, heart pounding, thinking of your pension plan, tax return, or credit card statement. Sound familiar?

Certain words – like ‘bank’ and ‘statement’ – can grip us with anxiety. So much so, that Cambridge University researchers have declared ‘financial phobia‘ a bona fide psychological condition, affecting as many as 9 million people in Britain – mostly women and young people.

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