This episode explores what to do when you receive an inheritance, and the options that you have when you invest. We consider paying off a mortgage and investing in and out of superannuation.
Other episodes where we speak about inheritances include:
Your options when you inherit a house
How to incorporate an expected inheritance into a financial plan
The documents you need to protect your assets
Mark's Unconventional Wisdom column looks at a study showing investors that own passive products get lower returns. He looks at why this is the case and how investors can maximise their outcomes.
In a reader requested edition of Bookworm, Joseph explored a simple stock valuation method that features in one of his favourite investing books. By putting the formula to work on an ASX company with household name brands, Joseph was reminded that even the simplest valuation tools are in fact highly complex.
Many young investors find purchasing a home out of reach. They find that they are struggling with cost of living and have minimal amounts to contribute towards their investments. Shani's Future Focus runs through a framework that looks at different aspects of your life where you can still set financial goals to help your future self.
As the days pass, young Aussies are straying further from being able to buy their own home. Amidst election noise, consistent house price rises and slowing wage growth - it appears there is no end in sight for Australia's housing crisis. Sim's column explores whether millennials can afford to buy a home and what salary they would need to achieve this goal.
To submit any questions or feedback, please email mark.lamonica1@morningstar.com or leave us a voicemail to feature on the podcast here.
Additional resources from our episodes are available via our website.
Audio Producer and mixer: William Ton.
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