If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Q. Does an employer have to pay the superannuation guarantee charge to someone who is working 24 hours per week?
Josie’s answer: Yes, they do, however, they are exempt from paying super for the following:-· employees paid less than $450 [...]
Popularity: 47% [?]
Q. What is the secret to successful investing in the share market?
Josie’s Answer - Good question. Investing in quality assets is imperative, but there is an old saying that TIME, NOT TIMING the market is the key and I tend to agree with this.
Determining the right time to buy and sell requires as much [...]
Popularity: 26% [?]
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 quick answer as to how quickly your investment can grow by re-investing your investment’s earnings. It [...]
Popularity: 33% [?]
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% [?]
Q. I listen to the show every week. Could you please tell me with reasonable accuracy when the share market started to decline. Thanks Robyn
Josie’s answer: Hi Robyn. Thanks for your question and I am crossing my fingers that your investments have not suffered too much with the recent volatility.
I am assuming you are [...]
Popularity: 29% [?]
Q. Hi Josie. I turned on the news after work today and it was one tragedy after another….which got me thinking, if I die today, what will happen if I don’t have a will in place?
Josie’s Answer – You’re right about the news….which is why I don’t really mind if I miss it [...]
Popularity: 30% [?]
Q. A friend of mine has a margin loan. Why would he have one?
Josie’s answer - There has been lots of bad press lately about margin loans (you may recall Eddie Groves from ABC Learning is now in deep financial trouble because of them).
Margin lending is a higher-risk strategy. Your investment, for example, the [...]
Popularity: 35% [?]
Q. I am separated and wondering if my will is automatically revoked?
Josie’s Answer - No. However, the rules vary between each State.
We recommend you seek specialist legal advice. Wills should be reviewed every 3-5 years or whenever a major life event occurs e.g. separation, birth of a child.
Popularity: 32% [?]
Popularity: 32% [?]
Q. I have a few superannuation funds which I am trying to consolidate and finding the whole process very frustrating. Any suggestions?
Josie’s Answer - Congratulations on trying to organise your financial life.
As you know having a few super funds probably means that you are paying extra fees, which will only hurt you financially in [...]
Popularity: 31% [?]
Q. My wife & I are finding it very difficult to save for a deposit on a new home. Any suggestions?
Josie’s Answer - This is a very daunting task considering that most new borrowers need to save approximately 10% of the home value in order to get into their first home.
You should you think [...]
Popularity: 28% [?]
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