Q: Why Are Fees So Important To Investors?
With most things in life, you get what you pay for. If I buy a cheap pair of shoes I accept that they’re probably not going to last as long as a more expensive pair. In investing, the same rule doesn’t apply.
An 18% Superannuation Contribution? Not So Fast…
Last night, a professor from an Australian university told 7.30 that Australians will need to contribute 18% of their income to superannuation to retire independently. Does that make sense?