7 Types of Retirement Investments Ranked From Worst to Best
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- Опубликовано: 22 июл 2024
- In this video I rank 7 types of investments for retirement from worst to best, including the pros and cons of each.
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⏱ Timestamps
00:00 - Best Retirement Investment Options
01:58 - Bank Accounts
03:18 - Term Deposits
04:38 - International Shares
06:52 - Investment Properties
09:07 - Lifetime Annuities
11:02 - Australian Shares
13:02 - Managed Fund (ETF)
14:38 - Investment Tip
😍 Like this video? Please hit the thumbs up button👍 and leave us a comment below. ⏬
-- Best Retirement Investment Options --
In retirement, you'll need your investments to provide you with an income, because you'll no longer have work-related earnings to rely on.
So what investments should you use to fund retirement?
In this video I'm going to give 7 types of Investments for retirement and I’ll be ranking them from worst to best and include the pros and cons of each.
#SuperGuy #ChrisStrano #Superannuation #RetirementPlanning
DISCLAIMER: The SuperGuy website and SuperGuy RUclips channel contains general advice only. It is not personal advice as it does not take your specific needs or circumstances into consideration. Therefore, you should look at your own financial position, objectives and requirements and seek personal financial advice before making any financial decisions.
General advice is provided by Toro Wealth Pty Ltd trading as SuperGuy Retirement Experts as an Authorised Representative of Core Value FA Pty Ltd (AFSL 480387).
Before acting on any information, you should seek professional advice and verify our interpretation/s before relying on the content or calculators within this website or on the videos, while also considering its appropriateness in relation to your personal situation.
I sold my investment properties (in a good market) when I retired, just more hassle than they were worth compared to putting the money into a good managed fund.
Yes, managed funds provide a number of benefits for retirees.
ASX:VGS
That is all
Just discovered your channel. Brilliant video. As a amateur fund manager of my own capital i can can concur with most of your recommendation.
Excellent well reasoned presentation
I wonder your thoughts on asset location-how would you locate Australian vs International ETFs in or outside the Super environment?😊
Very informative, very interesting and easy to understand. Thank you
You're welcome!
Loving it absolutely. Thanks
Thanks for watching!
Good information however as a 40 year veteran property manager I can say it is very rare to get a nett 7 or 8 % on residential rentals even in this market when you consider capital costs mortgage interest rates taxes and insurance . 4-5% is average .
Agreed😊
Hi a quick look at sales and rental returns on my excel sheet show 4 to 5%
There is a funny balance of numbers at the moment
Currently a property selling for 400k returns basically 400pw or 20k PA 5
% PA
Make a decision to spend another 100, so purchase price 500k gets 450-500 pw
600k property gets 500-560k
So you you buy strata or stand alone, some strata fees will be 5k PA + council and water ( but you always pay council & water ) - the other issue is any unforeseen damages and the dreaded "special levy" - but that can happen on a stand alone / torrens title, you get termites or mold or the bath / kitchen ruptures a water line and 20-50k can disappear - or the tenants trash the place, repaid is cheap at $3 to $5k DIY, get a price for all new internal walls / ceilings / smashed windows and 30k is possible
Also most property may not be rented 24/7 or 365 days a year, look at your street or some smaller local shopping centers, some places are shut 2 months to 3 years
If a agent does not have your person interests at heart you may end up on the bottom of the referral list for tenants
People have totally unrealistic expectations on residential rentals - and no clue how much work is involved. I blame over optimistic and simplistic youtubers and "guru's" pushing "passive income" opportunities. Made good money myself, but its been a up/down journey. (~15 years)
@@meibing4912 I have been renting out rooms of my primary residence (to mostly my friends) for about 12 years. My ROI is closer to *20%. A lot of that comes from a lot of the expenses I was going to have to pay for anyhow. Examples like property tax, sewage, gas and internet were going to be the same regardless. Also water is only like $10 more most months. The main expense is the electric is about an extra $800-$1,000 a year, (vs him not being there) but the $500 a month more than covers that. So I gross somewhere around $4,800 a year on a $27,000 investment. However if it wasn't my primary residence I would have to not pay any of the bills also have the mortgage paid off and I would only be getting maybe $3,000 profit if I didn't insure it on a $120,000 investment. So right now I don't think I could get more than a 2.5% or maybe 3% ROI if things went good/great.
I'll take the 20 year US Treasuries paying 4.5%
@@meibing4912 If you are going to invest in property for a retirement income, you really need to do it well ahead of time. It takes a long time to recover costs such as stamp duty and repairs, to start with. Then there is unpaid rent/vacancy to factor into the cost. You also need to allow time for rents to increase to the point at which your return on investment is something in the vicinity of being something "reasonable". And then there's capital growth. If you do need to "get out", for whatever reason, you are far less likely to lose on the trade.
Interesting thankyou.
Very well explained presentation. Easy and simple to follow. Well done. That sad I don’t necessarily agree wth the rating of each option.
Thank you.
A unit titled commercial property allows a partial and gradual sell off. Here in NZ all outgoings are paid by the tenant and the leases have both inflation and rent reviews - so they are quite a good retirement planning tool.
At the end of the day, it's whatever you're most comfortable and familiar with. There's pros and cons with all investments.
Agree with what you have in No 1 spot. The other benefit of investing in an indexed/managed fund is you can withdraw from it at any time, unlike super where you need to wait until age 60. This way you can retire earlier than 60 by living off the income, or making withdrawals from your indexed fund.
Great presentation although I believe you overstate the return on investment properties.
Although not a financial person, I have come to similar conclusion on how I would invest my money upon retirement. I am near retirement and my superannuation return has exceeded my normal wage already. My outside super investment are IPs which was mainly to reduce my taxable income + capital growth. After retirement same plan won't go cash/term deposit.
Good info and sage advice
Love this, totally agree with you . Another Pro for Aus shares is having fully franked dividends. The tax offset can save huge $$. Great vid . Thank you.
Excellent advice. Could you compare the 5 best Super Funds please?
Great suggestion!
As there are a number of bank savings accounts that are offering over 5% and have been doing so for the last year their rating should be higher than term deposits where your money is locked up. Inevitably these interest rates will drop and the money can be easily withdrawn and used for other investments. Term deposits are old school.
100% agree. Bank is paying 5.15% compared to term deposit (just about to mature) at 3.75%
can you set up a SMSF with your sass- not defined - payout at age 60 to invest/trade equities with the benifits of lower tax rates
Is the property return based on having 0 mortgage on that property? Because most properties, especially in major cities, aren't returning anything near 7%
I think you should have included the tax implications for each investment type in the Pros and Cons. Rent received and bank deposit interest are fully taxable which can impact your investment returns. Fully agree on ETF as number 1. Outside of super it’s my first choice. My favourite ETF returns about 8% in fully franked dividends so no tax payable. I made good money on investment properties whilst working but I’m pleased to have sold them before retiring and now put all that money into super but it took me 3 years to get it in there.
Very informative video. Where does company superannuation fit in? Are any good managed funds to recommend? I recently subscribed to your channel. Thanks
The best fund is always the one you did not invest in!
Past performance does not guarantee future performance.
I've had good results with Vanguard.
For an Australian you are really restricted on what you can invest in staying within Australia. To get some good options you would have to invest outside of Australia.
As an US citizen I have lots more options investing domestically as I think something like 70% of the investmentable world economy is within US borders.
Imputation credits are gold. Make sure yoru hold them for 47 daya or more if youre credit is more thm $5000
So, the Diversified Managed Fund would be similar to moving your Super into the Retirement Fund which would be still invested in a variety of shares, property and pvt investments...
International shares have an added risk with currency exchange which is not mentioned
yep he overlooked that..
The ranking is probably more suited to those who are not very familiar with investing in general. For those self funded retirees then the ranking would probably changed. Although #1 ranking would encompass Australian/international shares/bond/others
If you buy Australian ETF's you can invest in all those markets anyway, I'm invested in top US tech companies, crypto, Indian nifty 50 etc.
You didn't rate Aust stock market? I'd like to add that as someone who has worked within QCAT, I'm completely turned off residential property as an investment. I'd prefer commercial if any.
Good video. I agree with your no 10 choice. Etf. How about some gold. Silver and bitcoin as etfs. So liquid. Diversified. And huge growth potential with bitcoin. Like in ibit etf. I have 5% of Smsf in ibit and 5% in xlv and gld
Can foreigners purchase australian life annuities?
One variable is mortgage debt, get rid of it. Your family home will be surplus to requirement (bigger than needed). It represents a tax free hedge against inflation and will not be assessed for centrelink.. you can sell when you want to scale down/recaptalise super. Yes the holding cost ( rates, insurance, maintenance etc) will be higher but these are not avoidable, only lower compared to a lower value home. There is an ethical question for empty nesters when families are struggling to access housing but that is the system, there are no options to quarantine the sale proceeds of principle place of residence from centrelink.
What is different between lifetime annuity and term deposit?
A typical Super fund /Pension fund [ example: AustralianSuper Balanced option ] is a Managed Fund (ETF)?
Dump them because you own nothing there..
LOVE having a rental home as part of my retirement plan. That plus SS + 401k + ROTH IRA + Brokerage account = great retirement plan.
Rentals are totally different in the US the AUS.
@@brendanmichaelwelsh6260 how so?
I understand an ETF is a managed fund bought through stockbrokers but would I be correct in saying that a balanced fund within super also fits your definition of a" diversified balanced fund" ?
Great question , i was thinking the same thing , via Super you pay no tax after 60yo so this would be the better option ...
@@sirdino6967 @megazone128 Same thoughts here
@@sirdino6967You only pay no tax when you convert to a pension fund, regardless of age. If you leave it in an accumulation fund you continue to pay 15% tax… if it’s a balance less than $3 million.
a balanced fund within super is not necessary an index fund. And superfund fees usually higher, than index ETF management fees
@@donkaster9738 An index fund would never meet the criteria for a diversified balanced fund. Super fund fees might be higher but tax is lower, zero in pension phase.
Hi re: annual annuities, what if person dies. Will the NOK or remaining family member receive annuity money ??
This will depend on the annuity components. Each annuity has varying options and outcomes depending on what you choose.
I agree US shares are on shaky ground ...Geologically there is a fault line running down the west coast of the US its also well known its overdue for a big release of energy right under major citys.Australia actually has a better longer term stability in terms of its land and environment and the products we sell to the rest of thw world are always going to be in demand in other words ,if they fail its likley that you wont be getting money out of the gov or your bank .USA sharemarkets are over valued where as ours are a fair price and at realitic levels,fair price means the price to earnings ratio are still good and if there is a market correction it wont be like a USA one.
Considering this video was done three months ago, it is highly surprising to see overseas shares so low on the list as historical statistics prove that Australian shares underperform US listed investments. It is also surprising as local brokers now offer extremely low brokerage fees when transacting. Similarly with property, which should be higher on the list. Unsurprisingly but with a strong suspicion, I see ETFs at the top of the list - these are high fee and lazy investments that are currently marketed by far too many “analysts” around. Active investing across multiple investment options should be number one - and for retirees with plenty of time on their hands, it’s also a fun hobby to have.
International shares can give some currency protection, particularly if the AUD is to lose value.
For cruisers shares in an overseas cruise company gives on board credit that is worthwhile. E.g. Carnival Corp.
Annuities lose value due to inflation.
No mention of short term mortgages through a fund where the loan amount may be less than 40% of the captain?
Would Corporate Bonds be a good alternative to an annuity? Fixed term and interest rates, issued by the same entities as annuities (e.g. CBA) and can be sold at any time if needed.
yes just make sure you get ones with good ratings but the Aus Banks are probably the safest like CBA. LAst year they had some high yield options of 7% etc
@@sweetsweet3753 I wish I had have seen those. Great return back by the CBA.
Do you want to deal with the hassle of maintaining a rental property when you are old? I do not. I would settle for lower return.
Many banks are offering over 5% now on a savings account.....slighty ahead of inflation.
So, in reality, making nothing.
@@oggyoggy1299😂😂😂 indeed!!
Hi, i think you should include corporate bonds ,they pay up to 10 percent and safer than shares .
Corporate bonds 😂😂 dump them because they are just empty promise
Low or no risk pays low or near nothing.
Pays 10 cents. Per unit at what cost?
The ETF Risk, you don't own the underlying assets. If the company goes belly up, you will loose every thing. Just look at what share the ETF owns then buy those shares and this way you don't pay management fees.
I was enjoying your videos until this one. Isn’t an ETF the same as a managed super fund that has the option mix to match investment types with nominated levels of risk v return?
No, an ETF is a group of companies purchased via a single ticker. VOO (tracks the S&P 500) , NDQ (tracks the top 100 Nasdaq companies) are examples. They offer differentiation within a single stock. A managed super fund may purchase ETF's, but the two things are unrelated. ETF's can be passive, which have a smaller cost, or actively managed, which are typically more expensive (with no guarantee of greater returns)
@stephenjones363 and recommended by a FP. Semantics my friend. Leaving your money in an IS is a good idea. Except for FPs.
Buddy they are basically promise based on nothing like money today.
Is the Superguy counting rent+growth in 7-8%? My properties yield about 10% gross and 7.5% nett on current value, but based on the purchase price and costs to own outright, that return is around 18%. The overheads are high but long term, returns grow.
Nice work!
Recommending annuities is here self- advertisement, since you are a financial advisor, 😢they are horrible, if you want to get out, you have to pay contract punishment fee percentage that might amount to very large sum.
I haven't found a term deposit that has an interest return that matches the current range of high interest saving accounts.
Online savings accounts are more flexible with higher interest rates. I keep an emergency amount there and have done so for years. Catch is to deposit a small amount monthly to get the bonus rate.
@@josephj6521 exactly. I do the same.
And how long do you think these high rates will last?
@@baysidelad1 these rates aren’t high. No one has a crystal ball.
@@baysidelad1 I’ll play, I don’t know, how long?
Are there any ETFs you would recommend?
Maybe so.
RE term deposits vs bank accounts, be careful, some term deposits aren't great, and can be weird.
For instance, Macquarie Bank gives me 4.75% pa on my savings account. No fees, and any number of accounts.
But their 6 month term deposit gives me ... 4.7%
CBA, meanwhile, pales in comparison. It seems they believe they don't have to compete.
Good info
Hi Chris, Thank you I enjoy your content. I note you didn't give a rating for Australian Shares (score out of 10) - I'd give it a 10, although I do have the benefit of 30yrs in the market (personal investor). I'd also caution the "Set and Forget" comment on ETFs/Index ETFs which obviously carry through the volatility of the underlying instruments (Cash, Bonds, International or Australian Shares, Property). Diversification can often mean "Di-worse-ification" if you are spreading risk across different instruments/markets.
Retirees or those preparing to retire really should spend a bit of time to understand the basics of the underlying instruments. The old adage of letting your profits run and cutting your losses short means there is no way in the world retirement investments should be being exposed to a 40% downside risk - surely 15-20% worst case before flipping out of them.
You forgot to mention that all those cons regarding expenses are tax deductible. That definitely deserves a mention in the Pros section
State of Victoria land tax .....
International shares underperform Aussie shares? Are you including the benefit of franking into the Aussie shares return?
They don't - its been far better to be in world and US shares the last 10 years. Predicting future share prices is a dangerous thing. Diversification beats hoping and keeping finger's crossed. People rely far too much on their national stock markets. Look at the UK and just imagine your relative loss if you had most of your money tied into the FTSE (like most British people have). Don't make hard bets. Historical Aussi returns are not relevant in a world where raw materials are an ever smaller part of the global economy. The materials intensity of the global economy is projected to decline more rapidly
than in recent decades - at a rate of 1.3% per year on average - reflecting a relative decoupling: global materials use increases, but much slower than that of global GDP. Also, recycling is projected to become more competitive compared to the extraction of primary materials.
Why a managed fund??? Why not just a basket of etf's.
thats what i do... no stupid financial adviser fees. my main etfs are VLC / A200 / Pr1E and then SPLG / SCHD / SCHG / SMH / XLK. i am not Aus domiciled so am US heavy.. there is a reason no finance adviser ever recommends ETFS : cause they are so easy to buy/sell perform just as well as a bunch of stocks and does not include the advisers typical 1% fee..
@@sweetsweet3753 exactly!!
There is no $250,000 government guarantee. The scheme is optional for the government, they will chose to provide it or not at the time that the bank goes belly up.
I think people invest into term deposits and property because it's tangible assets, easy to understand where to start. Starting from number 3 and up.... "open trade account"... "diversified ETF"... the what????? yeah, so now I invest my hard earned cash into something I don't understand, cannot touch, and that can go down 50%... and "it's not for the faint hearted"... how is that the best option?
What you are misunderstanding is it's very easy to trade shares in Australia vis trading platforms for example I have been using comsec for 25years.
Term deposits are a very poor store of wealth as during times of low interest rates that we recently had 2%, when you factor inflation your purchasing power of your money went backwards in real terms.
Yet Bank Shares were paying 6%, Circa 2020.
When investing in Shares you should be focusing in these items in this order.
1. Income that can produced by the business.
2. Does Business have moat meaning barriers for now competition.
3. STAGES OF THE Encomonic cycle
4. Not focusing on your balance focus on how much your portfolio can bring in a year.
5. Focus on the Quality of the Business, very important especially during the current recession we are going through.
I found property investment is by far the safest non volatile and outperforms shares when you understand leverage.
I have met dozens of people who have made millions on property, rents keep up with inflation and buy paying of as much as possible before retirement give you liquid access to emergency funds
The only people who make millions on property are lucky or they’re property developers like Peet or Satterley.
I find a lot of people fail to correctly account for the cost of ownership.
You can buy $500k of shares for about $600 costs. A $500k property will cost stamp duty, settlement fees, white ant cert., insurance, rates and taxes, agents fees etc. Say it’s $30k…. the property then has to make $30k in the first year just to get back to break even….
Also, I worked in current affairs TV for 25 years. So many trashed houses stories. I’d never invest in a residential rental property.
@@zwieseler not sure about you but most would not borrow a million $ and put it into shares, I did with property 20 years ago that is now worth over 4 million $ and yes I had to pay 30k stamp duty
No luck involved, just patience and du diligence
The properties return 10% yield after putting granny flats on them
It’s been a long term process, the compounding is working it’s magic
Leverage and compounding the two most miss understood terms of investing
@@michaelhermans4753 I wouldn't dispute property will give you a positive return over time. But history shows it will not perform as well as the share market over time. Even Noel Whittaker pointed this out in his Sunday column a few months ago.
If you'd put your 1 million into the All Ords accumulation index 20 years ago, it would now be worth $5,290,000. And you would have had zero costs over the 20 years.
Just another ponzi scam!!
@@michaelhermans4753 most people wouldn’t borrow $1 million dollars to buy property. And that adds yet another layer of cost. There is zero cost to getting a margin loan.
I’m sorry but if you look at 100 years of history, shares outperform the 3 main investment choices.
9:10-9:40 (Lifetime annuities)
So what happens to that $300,000 that I invested when I die ?
It depends on the conditions of the annuity provider and the features you choose. Many will provide at least some return of capital to your estate in the event of death up until your statistical life expectancy. But each provider is different.
You didn't say what ETFs return?
In this instance, you would need to have an accumulation account and a pension account. Contributions cannot be made to a pension account, but it is common to have one of each account.
Does an ideal retirement amount assume that you own a home at retirement? Advisors usually mention an example of good income is 60K per year, if you don't own home that is about 25K on rental which is a very big portion. Its confusing that rent takes up big portion but is not mentioned or if you have own home then you don't need 60k rather only 40k income.
If I understand things right, ASFA's numbers (i.e., ideal retirement amount) assumes that you retire at 67, you own your own home and that you will access the aged pension at some point as you draw down your super balance.
If you’re renting, my assumption is you should have more money saved that earns enough to cover the rent. No doubt owning your own home is the way to go (as long as it’s not an apartment which requires a couple of hundred thousand to fix a building issue, which is more common than what people realise).
The problem is people believe to own home but in fact they don't
The stock market is high risk, unless your funds are professionally managed.
Can still be risky if professionally managed.
Professionally managed? 90% of “professionals” do not beat the SP 500. They churn your portfolio to collect trading fees. Ask Warren Buffet what he thinks of these professionals.
BS
Thanks for the video - did I miss something though? What about Industry Super Fund as an option. Largely set-and-forget for those of us who are not interested, yields decent long term returns.
Industry super funds aren’t an investment, they are super funds. But, yes, diversified managed funds within industry funds can be a good option.
International shares are valued far too low. Essential imho. Globally people on average have far too much money tied up into their own share markets. Last 10 years Aussi shares have underperformed US and World indexes by a wide margin. And the risk profile is negative compared to a broader diversification. May be better in coming years - but its a hard bet. Historical Aussi returns are not relevant in a world where raw materials are an ever smaller part of the global economy - and set to decline even further and faster in the coming decades.
agree... i think it depends on forex appetite risk though and something like A200 and VLC etfs provide about a 5% div and about 2% growth. I am not aus domiciled and so AUD isnt really my default currency so i hold about 70% USD / 5% EURO / 25% AUD stock/etf portfolio directly with interactive brokers. no middle man involved.
ETF with risk of losing 40% capital is 10/10 for a retiree? 1st principal for retirees must be SECURITY! So Annuities must be a bedrock at least 40-50% allocation. Then Term Deposits especially with 5% interest rate. ETF maybe 20-30% alloc sort of bonus if stock market rises long term.
Meaning nothing
I came to Australia [n april 2004 from New Zealand. I have a cornea disease. In 2012 I finished working because of this. About 3yrs ago I was put on the disability pension. I was contacted by the tax department saying I had 17k they had found. My super fund has contacted me and kept in touch regularly. I now have around 18k. my question is. Should I invest it as it is such a small amount. maybe property, i have no idea really. I am 61
I recive 1k a moonth. I get care through aged care through an agreement with New Zealand. I am a permanent resident. Between 500 and 600 is the portion i pay monthly. leaving me with 400 a month. This is due to a means test on my wifes wage, We are renting with my 5 children who are all working. 4 have expressed that they will be moving when they find a house. if this is the case then i must try to make an income somehow,
Can you call ATO and your superfund first to make sure the people who called are not scammers.
Reits ?
But don’t nearly all managed funds underperform the index over the long term ? New York Times article said 100% of managed funds underperformed the stock market index over the last 5 years.
Which is why you might consider investing in an index managed fund. The active managed funds are the ones who are trying to outperform. Although I'm not convinced 100% underperformed. Looks like the figure is closer to 78% www.spglobal.com/spdji/en/research-insights/spiva/
Bitcoin
In my opinion, Investing in 401k can be a good strategy because when I withdraw during retirement you don't get to pay tax on it which helps me keep more of my hard earned retirement savings.
Annuities - Don't you also loose the initial buy in on death, So that $300k you wacked in, Gone. Sounds kinda crap unless you got $300k worth of payments from it.
Annuities allow you peace of mind to invest other assets aggressively. I have 1/3 property for inflation protection, 1/3 shares and 1/3 annuities. More important; If you are dead - what do you care? Your savings and house is also of zero use. Find this thinking so strange.
@@meibing4912 Your savings and house go to your estate. the cash you used to buy into an annuitie on the other hand is gone.
Seams dumb to me. Something from yesteryear that boomers buy into much like term deposits even when they pay little to jack all.
The way I look at annuities is as insurance, not as an investment. If your wealth is such that you can effectively "self insure", I wouldn't go near them with a barge pole. But if you're a bit more marginal and perhaps more risk adverse by nature, it would certainly be worth discussing them with a trusted financial advisor.
@@davidbrayshaw3529 My annuities have increased with around 8% over the last 3 decades in average. Not market-leading, and some years worse than others, but still OK returns. Don't know if a diversified portfolio with gold, bonds, cash and shares would have done much better. YMMV.
3x my money in 3 months in dogwifhat coin. Its a dog with a hat!😅😊
Gold is best because you can hide it and get the pension yer he can’t tell you that because it’s illegal but that is how you get a head yer i don’t fell guilty as I have always paid tax unlike 99.99 percent of self employed people
What about when you sell it? Surely there'd be some money trail? (Unless private transaction)
I would argue that a bank account is not investment at all - it simply holds money and may pay interest- it isn't investing. Also in no way are australian shares a better overall investment than international equities - the records over the decades support this. Remember australian shares make up a very very tiny of world stock market value
Holds money 😳😳😳??? Maybe confetti
They are all scammers I will not put a cents...
You failed to mention the best performing asset you can buy. What other asset has got near to the returns of Bitcoin. And yes it is legit, that's why the SEC just approved BTC ETF's
Most people believe the FUD told about crypto, sadly.
Btc etf's are new, yet alone getting people to understand crypto or self custody.
Image getting older folks to understand other crypto assets and staking, not a chance!
@@stultuses i disagree as I'm one of them "Older Folks" 😀
It is a pretty simple concept if you understand how the FIAT system works (OR DOESN'T!)
Yeah the BTC boat sailed years ago.If you dabbled in it 10 years ago sure. No one is going to go drop $500k into BTC
@@brendanmichaelwelsh6260 Really, sounds like you have no understanding of BTC, it has increased 138% in the last 12 months alone, and following the next halving it will go much higher by the end of 2024. Sure it will drop slightly following this as their will be a bit of profit taking especially from miners and then it will continue on to do the same as it always does and has. If you don't know what you are talking about, best not to comment.
Where is an Account Based Pension??
An account based pension does not technically count as an investment. It is an income stream that can be supported by any investments you choose.
@@SuperGuyAu your General thoughts on them? Account Based Pensions
When I retire, my plan is to trade options. I do have a sound strategy with trading Australian shares/options. While I'm still working, I do trade options but only when I have spent sometimes weeks of my almost non spare time setting up a trade strategy. I am 95% successful with options trading over the last 10 years. Making this a daily work will be great fun for me, for me it's not about the money, it's about winning. Money is the icing on the cake.
Properties are supposedly a long term investment, someone who is retired is not here for the long term, sad but true. Would investing in property shares/eft's be a better outcome? Especially if they also pay 100% franked dividends?
" I am 95% successful with options trading over the last 10 years." You should open a "trading school"! I don't know anybody with such a stunning history of trading success!
Wait, wait…. Retirement will last 30 years or more you say?
What about Bitcoin? - In the last 15 years BTC has comprehensivly outperformed every single one of your recommendations by a country mile.
Thats true, but in Australia the CGT rules will mean you loose a lot once you cash out. Best to look overseas for more favourable treatment.
Are you a life insurance salesman?? Be honest….
You are missing the greatest asset of them all, cryptocurrency and NFTs.
Sarcasm right ?
This information is obsolete...I get 5.5% govt guaranteed bank interest interest and can get it when I want it
Just buy $qnt... it'll be $10,000 a token in 2030... the new financial system ❤❤❤ that's a 1000% increase))
So you know nothing about crypto
Crypto, is funny money, gone money
@@adamye1 ha, if thats your view I suggest you dont give pension advice to anyone under 60 years old
In your retirement don't forget to watch penny crayon