I have a few questions around superannuation:
1. Do you guys think that superannuation is a sufficient investment into the share market or whether it is still a good idea to invest in shares (specifically ETF’s e.g ASX:VGS) outside of our superannuation?
2. Do you guys think that a millennial investor should allocate their portfolio towards a growth strategy with higher fees or a index fund with low fees within their superannuation?
3. Do you guys see the value in increasing your superannuation contribution to 15% of your wage to gain some tax benefits or to use that money to invest in the share market yourself (again, specifically ETF’s)?
I understand these may be hard questions to answer as they are likely to be dependant on a person’s specific situation but I would like to hear your thoughts.