UNLIMITED

Money Magazine

Why indices are important

f0078-01.jpg

You say indexes and I say indices. Eether, either, neether, neither, let’s hope they all go up! With profuse apologies to the Gershwin brothers, George and Ira, and to my short-selling friends, who hope things go down.

Indices (as we call the plural of index in Australia) are financial instruments most of us have heard of, perhaps monitor daily like a weather report, without knowing much about their purpose, construction or how they can help investors build wealth. Whatever you call them, and whether you

You’re reading a preview, subscribe to read more.

More from Money Magazine

Money Magazine1 min read
Editor's Note
When I was a child, Lego was an affordable toy that consisted of squares and rectangles (with the occasional wheel, ladder and body part) that could be clicked together to make an endless number of variations. Kids would spend hours building somethin
Money Magazine2 min read
Bargains Are Top Of The Wishlist
The tree is up, the tinsel is sparkling and 'Santa stop here' signs are popping up on neighbourhood lawns. Yes, the countdown to Christmas has begun, only this year belts are tightening and the plum pudding isn't to blame. We unwrap ways to save as h
Money Magazine1 min read
Best-value Mobile Plans – Average Usage
A capped plan offers flexibility, affordability and reliable coverage for budget-conscious users. A 25GB plan such as SpinTel's winning offering typically appeals to users wanting flexibility and control over their mobile phone usage. Liam Bal, chief

Related Books & Audiobooks