When most people hear the word risk in investing, they often think of market crashes or losing money. But in reality, investment risk isn’t just one thing—it’s a mix of different risks, each with its own causes and impacts. Some of these risks can be reduced or avoided, while others are an unavoidable part of [...]
With multiple rate cuts tipped to land in 2025, homeowners have a golden opportunity to reassess their home loan strategy—and a mortgage broker can be your best ally in making the most of it. Why Now? Because the Tide Is Turning Major banks and economists now expect up to four rate cuts from the Reserve [...]
Most investors understand that wealth creation is a function of investment returns and time. Of these two factors, many focus on seeking the highest possible returns. However, higher returns don’t come without higher risk which often results in high volatility. This causes stress and poor decision making, or even total capital loss. Time is by [...]
As Australians approach retirement, many will seek to rely on property investments to support their lifestyle when they stop working. While property has long been considered a safe, tangible asset, relying too heavily on real estate in retirement can present challenges that may not be immediately obvious. Here’s why retirees need to consider the limitations [...]
Traditional economic theory assumes that when making decisions people act rationally to maximise their benefit. However, behavioural economics challenges this notion by demonstrating that human decision-making is frequently irrational and influenced by a variety of cognitive, social, and emotional factors that we are often not conscious of. One of the key concepts in behavioural economics [...]
Direct ownership of an investment whether real estate, shares or fixed income assets is appealing for many investors. It cuts out managers and advisers and gives the investor a greater feeling of responsibility over their assets and potential earnings. This added control comes at a price. Real estate, shares, and fixed income instruments are all [...]
Australians have amassed almost $3.5 trillion in Superannuation savings. This represents one of the largest retirement pools in the OECD. Quite an incredible achievement. However, those retirement savings are by no means distributed equally. Small business owners are one group that has disturbingly low rates of Super savings. About 23% of small business owners have [...]
Together with Super, your home is one the most tax effective investments you can make. While the property market has softened somewhat as interest rates have risen, if you have been lucky enough to own your own home over the past 20-30 years, it has likely been a significant driver of your wealth [...]
When your fixed rate expires, your loan will most likely revert to your lender’s standard variable rate, which is often much higher than competitive rates in the market. To avoid stress when your fixed rate expires, here are some tips to help: Have a look at your budget and start saving a buffer [...]
Korff Wealth’s Top Tips for Reducing Mortgage Stress With interest rates on the move, do you still have a competitive home loan rate? Your current lender will not tell you if a competitor has a better rate! As mortgage brokers, our job is to help you ensure that you are on the best interest [...]
