Exchange-traded funds allow you to spread your risk across many different regions and markets (such as shares, bonds, property and companies). You aren’t putting all your eggs in one basket.
Even in the best of times, managing your finances is hard. We’re told to make sure we are financially literate but what does that mean in practice? Here are seven signs you’ve got the basics.
The federal government is trying to make Australians more financially literate, but it’s using a definition that ignores many political, economic and cultural factors.