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.
Author Archive | Geoff Warren
Large superannuation funds are increasingly adopting in-house management of investments. There are many potential benefits, but the decision needs a framework and careful consideration.
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.
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.
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.
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.
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.