The past three weeks have been emotionally harrowing, especially for older people, but making investment decisions now is like being a mad shopper in Coles, hurtling down the aisle to claim the last pack of toilet paper. Panic won’t pay off in the long-run, writes the Barefoot Investor.
Barefoot Investor Scott Pape is warning Australians not to make rash money decisions fuelled by coronavirus panic — and says financially, it’s not all doom and gloom.
What happens after a bushfire when the media moves on and the cameras stop rolling. A new documentary with the Barefoot Investor reveals the unglamorous reality of getting back on your feet.
This week the stock market got a smack in the gob, but instead of panicking let’s view short-term uncertainty as the price you pay for higher long-term returns, writes the Barefoot Investor.
IF you have a burning money question, or just want to win a fight with your hubby, shoot over to barefootinvestor.com.au.
HAVE you ever dreamt of building a multimillion-dollar investment portfolio? Scott Pape has a real treat for you.
AN older tradie should still be able to get a job in the building boom. He needs to work out how to capitalise on his experience, says Scott Pape.
PEOPLE who try to “manage” their credit card debts, are nearly always broke. They may be able to pay it down at times, but it always shoots back up, writes Scott Pape.
THE Acorns app is a good deal for investors but watch out for the big banks getting in on the act and going after your nuts, writes Scott Pape.
UBER is a ridesharing app that in the past few years has rear-ended the taxi industry like a hyper-aggressive kid in a dodgem car, writes Scott Pape.
THE job of your real estate agent is to go out to the market and find you the best possible price the market is willing to pay, writes Scott Pape.
MOST people who write in need a little plastic surgery with their credit cards but some need a total brain transplant, says Scott Pape.
BEWARE of lending money to loved ones. Separate your finances from your family, says Barefoot Investor.
IF you have concerns about your partner’s attitude on joint finances, find out their long-term plan, says Scott Pape.
Original URL: https://www.dailytelegraph.com.au/business/barefoot-investor/page/49