17-08-20
George Lucas, Raiz CEO
The S&P 500 is close to a new all-time high, which is remarkable given the continuing coronavirus pandemic. Putting it in context, the index has risen by over 50 per cent from its intraday low on March 23, recouping all initial losses from the coronavirus crisis faster than in any prior bear market.
We recently launched our first Raiz rewards in-store partners, allowing you to shop at our partnered brands’ physical stores in Australia to receive a percentage or fixed dollar amount invested back into your Raiz account. Our in-store rewards program takes away any additional steps at the point of purchase like scanning a rewards card or presenting a coupon. Simply activate the in-store offer in the app beforehand and as long as you purchase on one of your linked cards we’ll be able to track the purchase and deposit the reward into your account
The majority of us have scrolled online for hours trying to find that perfect item or jumped from store to store to find the best deals. Shopping can be fun, but the problem is that it can take a toll on the budget (especially for non-essentials) and interferes with our ability to save for the future.
The good news is that you can turn your love of shopping into a way of investing for the future with Raiz Rewards – an easy way to save while you spend. For more information on Raiz fees, click here.
There is always a lot of interest from our community in the performance of our portfolios. In what has been quite a turbulent year, it is pleasing to report the returns of our investment portfolios are above the relevant Chant West industry benchmark (for Moderately Conservative there is no corresponding benchmark).
21-07-20
George Lucas, Raiz CEO
With Victoria moving to stage four restrictions this week amid a second wave coronavirus outbreak in the state, it’s starting to sink in around Australia that there may be no post-COVID-19 world where everything goes back to normal and the virus is quickly eradicated.
Raiz Rewards has come a long way since launching in 2017! We’ve now got over 200+ partners across a range of categories including food, fashion, travel, home and more. So that you can stay up to date with news, stories and advice from your favourite partnered brands we’ve launched the Raiz Rewards blog.
At Raiz, we’re committed to helping our customers take control of their finances by making money management as easy, affordable, and intuitive as possible.
That’s why Raiz has partnered with bundll to create the new Raiz x bundll digital Mastercard for our customers. It provides flexibility, convenience, and budgeting power over how and when you pay for purchases.
21-07-20
George Lucas, Raiz CEO
Investors are closely watching Q2 earnings season that kicked off in the US last week as it will shed more light on how hard COVID-19 has hit listed companies in different sectors.
The 2019-20 financial year has been bitter-sweet for Raiz Invest. At a corporate level, it has been a year of remarkable achievement, both in Australia and Southeast Asia. However, this achievement has been overshadowed by COVID-19, a human tragedy that has exacted a heavy toll on many of our customers’ lives. Read Post
When it comes to making smart moves in the share market, a good place to start can be looking at an annual report. That’s because a company’s annual report is often a key way for potential investors to get an insight into the financial state of a company.
Understanding an annual report can be confusing and even frustrating for those new to investing, so here are a few tips to help get you started.
