Key events in October 2023 Global share prices fell sharply in October. The shock of the violent Hamas terrorist attack in Israel on 7 October
Global share prices have finally responded to a wall of worries. High inflation with rising bond yields and interest rates caused global shares (hedged) to deliver a weak -2.7% return for the three months to September. The falling Australian dollar has partly mitigated the impact for unhedged global shares which recorded a negative -0.4% quarterly return.
Whether it’s our approach to saving and spending or our willingness to take on debt, psychology plays a big part in determining our relationship with money.
Fortunately, there are plenty of ways you can shift gears mentally to get a better handle on your finances. Let’s take a look at just a few below.