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According to chief market strategist at CMC Markets and host of The Artful Trader podcast Michael McCarthy, there are certain investor personality traits that seem to predict success in the share market.

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In this episode of the nestegg Podcast, Michael joins host Grace Ormsby to outline exactly what these characteristics are, the difference between high-risk and low-risk appetites, and how investors can apply different strategies depending on their own personality type.

Michael also explains how fear can be both helpful and a hindrance for confident decision-making, why failure is a crucial process for investors seeking growth, and where budding investors can begin educating themselves about the markets.

Thanks Matthew, for sharing your insights with the nestegg podcast team!

You can keep up to date with what CMC Markets are up to HERE

Have an investment story to share? Get in touch at [email protected] and you might get featured on the next episode.

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Wednesday, 19 February 2020

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Hello bunny, goodbye money

By Reporter · March 29 2018

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Hello bunny, goodbye money

By Reporter
March 29 2018

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Hello bunny, goodbye money

By Reporter · March 29 2018

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The chocolate-related stomach discomfort should be subsiding by now, but Australians’ wallets could still be uncomfortable following the Easter splurge.

According to Commonwealth Bank data released in the lead-up to Easter, Australians generally spend more than twice as much on food and in supermarkets in the days leading up to Good Friday.

At least, that’s what we’ve done in previous years. In 2017, Australians spent 148 per cent more at food shops and 124 per cent more at supermarkets on the Thursday before Easter, compared with the average Thursday spend in the month prior.

Executive general manager small business at CommBank Angela Clark said the bank predicted 2018 would be no different.

For those stung this year, CommBank had these tips to keep the wallet comfortable during the next big occasion:

1. Set a budget and plan ahead

It seems like a no-brainer, but CommBank urged customers to think ahead because impulse purchases add up.

2. Track your spending

By tracking spending, shoppers can make sure they’re not going over budget, CommBank said, suggesting customers look into spend tracker apps.

3. Shop out of peak times

Quieter times mean shorter queues!