Five great charts on investing

Shane Oliver, Head of Investment Strategy and Chief Economist at AMP has written an article that looks at five great charts on investing. The key points are as follows:

  • At its core, successful investing is simple, but we have a knack of making it look complex.
  • These five great charts help illuminate key aspects of investing: the power of compound interest; the investment cycle; the roller coaster of investor emotion; the wall of worry; and time is on your side when investing.

Getting ahead in your 50’s

Life in your 50’s is great. You don’t have a huge mortgage, the kids have grown up and are not as dependant on you, your career has progressed… So what is next financially?When you are in your 50’s you can see retirement on the horizon. Sure it might be 10-20 years off, but it is becoming more tangible. So if you haven’t already, you need to start some serious planning.