Understanding Listed Investment Companies (LICs)
What is a Listed Investment Company (LIC)? LICs are companies listed on the stock exchange that are essentially managed funds in a company structure. That means they can pay out franked dividends (if declared) and are…
Credit and Debit Cards
payWave, Apple Pay, Tap and Go, Visa Checkout, Interest Free Payments… These are all just different ways of spending money online and in store, using different systems and technology. The main difference here is…
What is a Bond?
As we recently covered the basics of shares and ETFs on How To Money, we are now going to expand on the topic of investments by discussing the basics of bonds. So what exactly is a…
What is a Share?
So what exactly is a share? (Shares are also called equity, and in America, in this case, they refer to them as a stock, hence the word stock market.) Essentially a share is the evidence…
Super, It’s Your Money!
If you only take one thing out of this, it’s that your super is your money! Superannuation has been in the news a lot recently, and there have been many discussions on performance and fees. The…