It’s time for another listener Q&A episode!
Kate Campbell, Owen Rask and financial adviser Drew Meredith tackle questions ranging from dollar cost versus lump sum investing, getting an 18-year-old interested in investing, what to do after paying off your student loan and what happens to super when you die.
Remember to send your questions our way for our next Q&A session
Contact Drew: Financial Planning | Rask + Wattle Partners
Listener questions
- Comment about insurance bonds from last months Q&A episode
- My question is about dollar cost averaging and the brokerage fee. While it is a safer option to invest gradually every time you make a transaction, there is the brokerage fee. Trying to find where the brokerage fee is a small percentage is hard. Do you have any ideas around this?
- Hey Guys, Thank you for the educating and entertaining podcasts. Appreciate the work you guys put it. I have a burning question that is driving me crazy and making me lose my hair. My son is 17 , turning 18 this August. 1) I intend to gift him either VAS or VAP ETFs in the value of appx 10k$. 2) I have been researching the best way to do it and now have two options. A) Buy them via your regular stock trading platforms, which charge an outright fee for every purchase. Or B) Buy directly through Vanguard.
- I’ve paid off my hecs debt to avoid the hefty indexation and now I’m officially debt free (yay!). Since I have no debt, what is a potential next step to consider to reward myself in the future? (Continue investing? Buy property?, general savings? Etc?)
- What happens to my super if I die (and don’t have a will)?
