The Australian Market had a positive month in April, with a gain of 1.9%. Moving into May we are cautious due to the election and the uncertainty as to who will get in. Short term we expect that the market may pull back not just on the election but also as investors look to take some profits from recent highs. We continue to watch the banks which are currently looking undervalued, however, with tightening on the lending practices and the ALPs franking policy we may see investors look to diversify.
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Investment Goals The goal of investing is to achieve passive income. Passive income is income which you do not need to work for. Before you start investing there are some basic concepts that you need to understand if not you will fail. Just reading this will put you...