While some stocks may pay dividends this year, investors have been warned not to rely on old favourites and to look at underlying profitability as well.

Inflation in certain world economies is not expected to be a long term issue and is forecast to remain confined to specific countries.

Investors can expect strong dividend payouts from listed Australian companies during the August reporting season.

A chief economist has shared his top five investment mantras, such as taking advantage of compound interest, avoiding market noise and maintaining a diversified portfolio.