Author Archive | Geoff Warren

imputation changes

How imputation changes will hit retirees

Australian retirees’ access to dividend imputation refunds justifies a bias towards Australian equities in retirement, and the loss of refunds will have significant portfolio and income implications.

franking credits franking refunds

Do franking credits matter?

Imputation is seen as a costly tax break for domestic shareholders with minimal associated benefits for the overall economy, but any changes to the system should consider some broader consequences.

Illiquid assets and long-term investing

Many people would place ‘capturing the illiquidity premium’ on a list of benefits from long-term investing, but achieving additional returns is not as simple as just buying and holding an illiquid asset.

Why long term investing is not easy

Long term investing makes sense for the majority of investors who have time on their side, but it isn’t always easy. Unexpected events will test your resolve so it’s important to know how to improve your chances.

Benefits of long term investing

Part two in the series on long term investing sets out its advantages and the associated strategies available. Long term investing is not easy, but one rather distinct advantage is the prevalence of short term investors.

What is a ‘long-term investor’?

Being a long-term investor isn’t always about holding securities for a long time. It’s more about being able to make investment decisions that optimise the long-term result.