Money Magazine November 2021

Making money is a choice. In this issue, we run our annual cover story on how best to invest $10,000. Some of you want to put these extra savings towards property while others prefer shares. The good news is that you have several options, as our experts explain in our cover story (page 32). Making money is also about adapting to change. As part of our Super Booster campaign, we encourage you to check whether your super fund is the one that best suits your individual needs, especially if you haven’t reviewed it for years. At the very least, you need to know if your retirement savings are in the right investment mix. As Nicola Field writes this month, don’t just settle for the default option (page 55). Finally, making…

Making money is a choice. In this issue, we run our annual cover story on how best to invest $10,000. Some of you want to put these extra savings towards property while others prefer shares. The good news is that you have several options, as our experts explain in our cover story (page 32). Making money is also about adapting to change. As part of our Super Booster campaign, we encourage you to check whether your super fund is the one that best suits your individual needs, especially if you haven’t reviewed it for years. At the very least, you need to know if your retirement savings are in the right investment mix. As Nicola Field writes this month, don’t just settle for the default option (page 55). Finally, making money is a…

Shared finances are good for a relationship I have always been a little intrigued by how couples handle money, as I know it can impact relationships.  I admittedly find it surprising when couples have separate bank accounts or view money as separate from each other.  My husband and I have been happily married for 25 years with me spending a large number of those years at home raising our family. I manage our money to meet our common goals. A key component of this is that we view any income as equally both of ours. We have both always worked, albeit my husband in paid work and myself for a long period at home in unpaid work. I feel our strong viewpoint regarding our money has helped not only our relationship but our goal of being financially secure. It’s also provided a financial role model for our now young-adult children. Simone Slow and…

Shared finances are good for a relationship I have always been a little intrigued by how couples handle money, as I know it can impact relationships. I admittedly find it surprising when couples have separate bank accounts or view money as separate from each other. My husband and I have been happily married for 25 years with me spending a large number of those years at home raising our family. I manage our money to meet our common goals. A key component of this is that we view any income as equally both of ours. We have both always worked, albeit my husband in paid work and myself for a long period at home in unpaid work. I feel our strong viewpoint regarding our money has helped not only our relationship but our…

NICOLA FIELD I’m a great believer in investing in businesses I know and understand. I’d tip $10,000 into FANG stocks – Facebook, Apple, Netflix and Google. Amazon is normally in the FANG line-up but I’m batting for Apple, which pumps out new products consumers love. The FANG companies have robust business models that show no real signs of slowing down. Plus, they have diversified businesses across software, consumer products and the cloud. Also, my cat is called Fang. JULIA NEWBOULD I would put $7500 into super and make sure I had a pretty even spread of Australian and international shares. Within my current investment choices I’ve also narrowed it down to sustainable and environmental options. The remainder would go on a course to make me more marketable, whether that’s presenting, social media or…

NICOLA FIELD I’m a great believer in investing in businesses I know and understand. I’d tip $10,000 into FANG stocks – Facebook, Apple, Netflix and Google. Amazon is normally in the FANG line-up but I’m batting for Apple, which pumps out new products consumers love. The FANG companies have robust business models that show no real signs of slowing down. Plus, they have diversified businesses across software, consumer products and the cloud. Also, my cat is called Fang. JULIA NEWBOULD I would put $7500 into super and make sure I had a pretty even spread of Australian and international shares. Within my current investment choices I’ve also narrowed it down to sustainable and environmental options. The remainder would go on a course to make me more marketable, whether that’s presenting,…