If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Q. Someone mentioned the Rule of 72. What does it mean?
Josie’s answer - I love the rule of 72 which is a very handy to remember.
It is known as the rule of 72 because it can give you a [...]
Popularity: 33% [?]
Q. My financial planner has suggested I take out a margin loan to buy into Australian shares via a managed fund. Is this is a good idea?
Josie’s answer: Margin lending is not for everyone, you need to be a savvy investor and happy to take risks.
Before committing yourself to a margin loan, make sure [...]
Popularity: 24% [?]
Q. I’ve heard of people who have a margin loan being asked to top up their geared investment at a moments notice. Sounds risky?
Josie’s answer: If your investment loses money, not only is the loss magnified as well, but you still have to pay back the loan. With a margin loan, your lender will ask [...]
Popularity: 27% [?]
Q. I was listening to your radio show and missed the name of the website for lost bank accounts. I’ve changed addresses a few times and positive I have some money sitting somewhere!
Josie’s answer: The website I was referring to is www.fido.gov.au. To make it easier, the following link gets you straight there -
Popularity: 28% [...]
Popularity: 28% [?]
Do you know anyone Living on the aged Pension or are you trying to get by on the pension yourself?
There’s really not a lot of money to live on…so how can you do it? Well in this episode your very own Certified Financial Planner Josie Kay, looks at life on the Pension and shares her [...]
Popularity: 25% [?]
Q. In August 2004 I bought an investment house with the plan to live in it when I retire. (I’m 55 yrs old in August 2008).
I own my existing home and the investment house has been rented since the day I bought it. My plans have since changed and I wish to sell the [...]
Popularity: 29% [?]
Q. How safe is a bridging loan? I have found a property that I would to purchase. I have two other properties that I have on the market now. With the way interest rates are at the moment are bridging loans taboo?
Josie’s Answer: Personally I would not feel comfortable with a bridging loan regardless of [...]
Popularity: 25% [?]
Q. My adviser has recommended that I invest some of my money overseas. It sounds a bit risky?
Josie’s Answer - The main reason why you would allocate some of your funds, overseas is for diversification.
For your info, the Australian sharemarket represents around 2.3% of the world’s total sharemarkets, which means that nearly 98% of [...]
Popularity: 36% [?]
One day it’s up and the next it’s down. In recent times the share market has experienced a lot of volatility which leads to some very nervous investors. There are a number of reasons why volatility seems to be prevalent. Technology, for one, has advanced enormously. At the push of a button investors can now [...]
Popularity: 100% [?]
Q. Hi. I was listening to your program this morning 06/04/08 re the guy who rang about the 60% termination value on his super.
I have worked in super for 32 years in the private sector ( life offices). I am concerned that this guy may be unaware of termination costs. These were set by the [...]
Popularity: 18% [?]
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