{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/61e618c9d9ce8600126e77fa/67e5cd7a3cc004e45362ce94?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Buying a home out of reach? Try these financial goals instead.","description":"<p>Some investors don't think that they have any goals to work towards, so they are unable to add proper structures and frameworks to their investment portfolios. This episode goes through a framework to dig deeper for your financial goals by exploring what you want from life, and therefore your finances.</p><p><br></p><p>You are able to find the full article <a href=\"https://www.morningstar.com.au/personal-finance/future-focus-buying-a-home-out-of-reach-try-these-financial-goals-instead\" rel=\"noopener noreferrer\" target=\"_blank\">here.</a></p><p><br></p><p>As cost of living increases and careers become more demanding, many younger people are also turning to income investing to derive a passive income. As more Aussies move towards this style of investing, we must understand what the opportunity cost is. <a href=\"https://www.morningstar.com.au/personal-finance/unconventional-wisdom-what-im-giving-up-an-income-investor\" rel=\"noopener noreferrer\" target=\"_blank\">Mark's Unconventional Wisdom column </a>explores the opportunity cost of being an income investor.</p><p>&nbsp;</p><p>In <a href=\"https://www.morningstar.com.au/personal-finance/future-focus-3-lessons-we-can-learn-man-responsible-16-trillion\" rel=\"noopener noreferrer\" target=\"_blank\">Shani's Future Focus column</a>, she looks at the insights for investors from a man responsible for $16 trillion. Salim Ramji is the new captain at the helm of Vanguard. His recent visit to Australia included a conversation with Johnathan Shapiro which revealed insights into how Salim sees the world, and how investors can apply those insights to how they invest.</p><p>&nbsp;</p><p>A study found that younger generations were disengaged when it came to their superannuation – and this isn't surprising. It's hard for young people to be excited at the prospect of retirement. But the reality is, failing to review your super is like cutting a hole in your wallet and walking around as the money falls out. This week <a href=\"https://www.morningstar.com.au/personal-finance/young-invested-why-should-i-care-about-my-superannuation\" rel=\"noopener noreferrer\" target=\"_blank\">Sim explores </a>how your level of engagement with superannuation can have a significant impact on your retirement outcomes.</p><p>&nbsp;</p><p>Every big decision in life has trade offs. This can make it hard to make a decision in the first place and, perhaps even worse, lead to regrets seeping in later. <a href=\"https://www.morningstar.com.au/personal-finance/bookworm-3-simple-steps-tackle-lifes-big-decisions\" rel=\"noopener noreferrer\" target=\"_blank\">In this week's Bookworm</a>, Joseph explores a simple three-step method for tackling life's big choices with confidence. From deciding between two jobs to choosing whether to rent or buy.&nbsp;</p><p><br></p><p>To submit any questions or feedback, please email mark.lamonica1@morningstar.com or leave us a voicemail to feature on the podcast&nbsp;<a href=\"https://www.speakpipe.com/Investing_Compass\" rel=\"noopener noreferrer\" target=\"_blank\">here.</a></p><p>Additional resources from our episodes are available&nbsp;<a href=\"https://www.morningstar.com.au/learn/article/podcast-investing-compass/206215\" rel=\"noopener noreferrer\" target=\"_blank\">via our</a>&nbsp;<a href=\"https://www.morningstar.com.au/learn/article/podcast-investing-compass/206215\" rel=\"noopener noreferrer\" target=\"_blank\">website.</a></p><p>Audio Producer and mixer:&nbsp;<a href=\"https://open.acast.com/shows/61e618c9d9ce8600126e77fa/episodes/www.willton.me\" rel=\"noopener noreferrer\" target=\"_blank\">William Ton.</a></p><p><br></p>","author_name":"Morningstar Australia"}