Superannuation

In by lukee911 Comment

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lukee91

Hi Fellas,

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.

Cheers,
Luke

  • Edit
    EquityMates

    Such a great question Luke. We decided to devote a whole episode to it! Check it out and let us know what you think - https://equitymates.com/podcast/108-superannuation/