Financial Advice

[audiav]

I’m hoping using advice will value add to my decision making. Studies suggest advice should add at least 1-2% pa. No idea if those studies are bunk/self interested.

(In health we can medically manage (with meds) a heart attack, but if patient goes to a specialist for intervention (stent) etc then outcome is better for patient). That’s what I’m looking for.

Always read your investment strategies posts Kiora.
Have my own investment plan, drifting along, moving more to Bobdn strategy as time goes by. Which I’m happy with, but want to make sure I’ve got everything covered off.

[Bjauck]

I’m hoping using advice will value add to my decision making. Studies suggest advice should add at least 1-2% pa. No idea if those studies are bunk/self interested.

(In health we can medically manage (with meds) a heart attack, but if patient goes to a specialist for intervention (stent) etc then outcome is better for patient). That’s what I’m looking for.

Always read your investment strategies posts Kiora.
Have my own investment plan, drifting along, moving more to Bobdn strategy as time goes by. Which I’m happy with, but want to make sure I’ve got everything covered off.

Do you own a house as well? If you have a remaining mortgage, it could be a good idea to pay that off and discharge the mortgage?

[JBmurc]

Do you own a house as well? If you have a remaining mortgage, it could be a good idea to pay that off and discharge the mortgage?

Yes debt free own home great target for any new investor ... in my case I did that via selling large new build home in higher-priced area and shifting the family to a quieter local with much cheaper property(which now has become much more expensive!!)

this allowed us to buy debt-free and free up some capital to trade with ... also if your planning on becoming a trader and taking on some leverage via bank loans to your share trading company then you can access Res rates using your own home equity .. and of course this interest will be a tax write-off

....also as you will see from my 10x resource stock picks I have a bias with PGMs ... this is because these metals have been sold-off heavily over the last few years yet demands will be outstripping supply esp in Platinum and think these very rare metals will head much higher in the years ahead

.I also think Uranium / Lithium have their case in a resource portfolio ..but haven't got one I think at present makes the lists as a better investment ... SBSW does have these minerals in the portfolio (go view my SBSW post in the overseas market thread)

worth a watch on PGMs

https://www.youtube.com/watch?v=47-_OnRmSwc&t=80s