by O'Hagan Attorneys | Apr 28, 2023 | Financial Planning, Saving & Investing
“The biggest risk is not taking any risk.” (Mark Zuckerberg) So, what is risk, exactly? Investment risk can be defined as the probability of loss relative to the expected return on any investment. It’s a measure of the level of uncertainty of achieving the returns...
by O'Hagan Attorneys | Apr 28, 2023 | Financial Planning, Saving & Investing
Any good habits can be bred at a very young age. Learning positive attitudes towards money is no different. Research has found that children understand financial concepts much sooner than many of us realise. The University of Cambridge has found that by the age of...
by O'Hagan Attorneys | Mar 31, 2023 | Financial Planning, Saving & Investing
“If you understand compound interest, you basically understand the universe.” (Robert Breault) Don’t be simple One of the best ways to understand compound interest is to know what it’s not — the appropriately named simple interest. This easy example illustrates the...
by O'Hagan Attorneys | Feb 28, 2023 | Saving & Investing
Do you deliver better than average work at the office? Do you drive better than the average person on the road? It is likely that you answered ‘yes’ to both of those questions. There is a fair amount of research that finds that a majority of people will almost always...
by O'Hagan Attorneys | Feb 28, 2023 | Saving & Investing
Whenever you put money into a fixed deposit you probably think that it is perfectly safe. And as long as that deposit is running, you are probably right. If, for example, you invest in a in 36-month fixed deposit, you are guaranteed a certain interest rate for those...
by O'Hagan Attorneys | Jan 31, 2023 | Financial Planning, Saving & Investing
Retirement is wonderful if you have two essentials: much to live on and much to live for. (Anonymous) As the economy struggles to get back on its feet, many clients have approached us to ask how they can save better and invest smartly. So, we thought it was a good...
