Plus500 is one of the most popular CFD trading platforms in Australia. It’s definitely the one I see most advertised online. But is it actually a good place to trade stocks and other assets? Here are some of the reasons why I don’t think its a good fit for most people. If you’ve been thinking about signing up to Plus500, make sure you read this first.
Looking to save a bit of money by switching to a cheaper mobile provider? Then Aldi Mobile could be for you. They have some of the cheapest plans available and run on the Telstra network. Here’s my Aldi mobile review to help you make a more informed choice.
How much does it Cost
With Aldi Mobile you can either go with a plan or pay-as-you-go. The cheapest option for both is $15. So if you’re after a budget phone plan then this is perfect.
With interest rates at record lows, it just doesn’t make sense to save money in a bank account anymore. Thanks to inflation your money will be worth less and less each year if it just sits idle in your savings account. So what other options do you have? Well there are now a myriad of different investing apps that have popped up over the past couple of years. These apps make investing in stocks, ETFs (index funds) and bonds cheap and accessible to anyone, no matter how much money you have. In fact you can get started investing and growing your wealth with as little as $5.
Here are some of the top investing apps that have piqued my interest in 2020. I expect we will continue to see more and more innovate fintech apps launch throughout the year, and I’ll keep this post updated.
I’ve been experimenting with the CopyTrading platform eToro. It let’s you automatically copy the trades made by more experienced traders. Here are some of the things I’ve learnt while using the platform:
What is CopyTrading
CopyTrading is where your trading account automatically copies the trades made by more experienced traders. Trading is hard. So why not let someone who does it for a living do it for you.
When you copytrade, whenever the copied trader makes a trade, your account will make the same trade. If the trader buys some Apple Stock, your account will too.
With eToro, you can browse through the profiles of thousands of traders. See how well they have performed in the past and how profitable they have been. Here are some of the things to look out for when copying traders:
Christmas can be a very expensive time of year. But did you know you could be saving up to 20% off what you would regularly pay, by using this one simple tip!
Doing so could save you hundreds of dollars. So read on to find out more about Cashback and how it works.