A study by University of California San Diego finance professors, Joseph Engelberg and Christopher Parsons delves a little deeper into this link between finances and health.
Ultimate Fighting step aside because the biggest blood sport in recent weeks has been the Banking Royal Commission. Banks and financial institutions have been belted, executives smashed and conflicted financial advisers guillotined. All with good reason.
The assumption is that these companies will continue to pump out a reliable dividend stream and there’s not a second thought about a sudden cut to that dividend. But Telstra did just that in August last year.
Well, there it is. The correction that we’ve been told has been coming every month since January 2017, finally arrived. Over? Probably not, but it was needed.
Once again, the investment strategy of maintaining discipline and holding for the long term won out over reacting to media forecasts and predictions from hyperventilating partisans
Take the default investment option at many of the industry super funds and when you hit a specific age (i.e. 50, 55, 60) your asset allocation will automatically become more conservative.
Remember their ‘compare the pair’ ads where industry super funds made a big fuss about fees? After ASIC's changes to fee disclosure, these industry super funds no longer look as competitive as they did on fees.
