What we’re chatting about this week
Get Started Investing is back this week for Season 5! But it’s a whole new ball game. Bryce and Alec have a fresh format – learn to invest in 15 minutes or less.
Every episode, there’ll be one story and one lesson to discuss. The aim is to break down the two biggest barriers for investors – confidence and knowledge. It’s a must listen every week.
Listen here
Hey this got us thinking…
As is custom, we hosted a poll on our Equity Mates instagram on Monday. This week, the focus was on superannuation and how our community handles theirs. If you want to get involved, check in on our insta stories on Mondays. Here are the results…
How often do you check your super?
- 8% said once a week or more
- 25% said a few times a month
- 50% said a few times a year
- 17% said they never check it
How did you choose your super?
- 42% said employer default choice
- 58% said they made their own choice
Do you actively manage your super investments?
- 26% said yes
- 70% said no
- 5% said they aren’t sure
Would you consider a self-managed super fund?
- 5% said they already use one
- 16% said yes but haven’t pulled the trigger
- 35% said they don’t know enough about it
- 44% said no – they’re happy letting the provider do the work
Have you consolidated your super?
- 87% said yes
- 2% said they don’t know how
- 5% said no – they have multiple accounts
- 6% said they don’t know what this means
That got us reading…
In today’s episode, Bryce and Alec discussed the headline of Australian Super posting its’ first annual investment loss since the global financial crisis. But headlines can be dramatic. Australian Super actually outperformed the overall Australian stock market by about 7%. They posted a loss of 3%, while the market was down 10%. So it’s all about the way we look at it… And no investor makes money every single year – it’s about the long-term power of compounding.
This article explains Australian Super’s performance over the last year, with comments from chief investment officer Mark Delaney.
[Read the article here]
And we listened to…
If you haven’t listened to one of the OG Equity Mates Investing pods from back in the day – this is the week to do it. Bryce and Alec break down all the basics of superannuation – something we all have, but not many of us pay much attention to. This ep was released back in 2019 but many of the lessons discussed still apply. You can even judge us on how far we’ve come since back then.
[Listen to the episode here]
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