Beginner Shares Series: Setting Investment Goals
In part 2 of the beginner share investment series, Owen explains why it’s important to set some goals and have an investment plan before investing in shares.
Explained: Choosing Superannuation Investment Options
Explained: Choosing investment options inside Super is scary, confusing and important all in one. This video explains all the questions about Superannuation investment strategies.
Explained: What Is A PDS, FSG and Terms?
In this video Owen explains Financial Services Guides (FSG), Product Disclosure Documents (PDS) and Terms for the finance industry — and what to look for.
Video: Difference Between Property & Shares in Australia
Explained: the key differences between shares and property.
The Only Reason To Learn About Finance
Remember this one lesson and you’ll get an A+ from Rask Finance.
Different Types of Car Insurance
Broadly speaking there are four different types of car insurance in Australia: CTP, third-party property, third-party fire and theft, and comprehensive.
The Four Financial Statements Explained
In finance and accounting, there are four financial statements which are vitally important to understanding how a business runs and how it is performing.
What Does The Fiscal And Financial Year (FY) Mean?
In finance, FY means the financial year or fiscal year. They are the same thing but “fiscal year” is more commonly used outside of Australia.
What Is A Mortgage Offset Account?
If you’re a homeowner, first home buyer, or even an investor, consider talking to your bank about activating an “offset account”.
What Are ‘Growth’ And ‘Defensive’ Assets And Investments?
Defined: ‘Growth’ And ‘Defensive’ Assets And Investments. Generally speaking, growth assets are higher risk and higher reward investments. Defensive assets are lower-risk lower-reward.
The Difference Between Cash And Accrual Accounting
While cash accounting might “make more sense” for a very small business or one that is just starting out, once the business starts to grow an accountant can help you take care of the rules under accrual accounting — and may even help you minimise your tax bill!
What’s Your Number?
Instead of getting overwhelmed about financial milestones and goals, use a trick from weight loss experts and think in terms of systems.