For some time our view has been a less upbeat on the Australian economy than the consensus and notably the RBA. The reasons were simple.
It’s usually inevitable your kids are going to grow up and one day move out of home. And, while research shows that women are generally more upset at the prospect of this than men are, the good news is many people report that once they come to terms with it, there are a number of upsides.
It’s no secret a diversified portfolio may help to protect your wealth from market ups and downs. Including investment alternatives in your self-managed super fund, may therefore provide additional diversification.
Diversification is the act of spreading the money you have to invest across a number of different types of investments.