Chris Walsh

Everybody's sort of at that.

Price of fuel high is great for oil companies.

It's supply and demand and they have the supply and there is demand so they can charge more.

It's a strange state of affairs, but like for your day-to-day money management, you know, just, it's about minimizing, minimizing the cost.

And it is about building that safety net and tuning out the news.

So look at what your goals are and it sounds like they are long term.

People are like, okay, I'm in my twenties, thirties, forties and fifties or sixties.

I'm looking for the long term here and work backwards from that.

So if people have the disposable income to be able to invest, then it's going to be long term dollar cost averaging in the sense probably where they'll contribute something every week, every month, every fortnight, whatever.

And then from there, where does it go?

Well, look at what you're aligned with.

Some people like aggressive funds.

Some people like actively managed funds.

Some people just like a standard balanced fund.

I've always wondered who invests in them.

Lots of people.

Lots of people do.

They don't want to be too aggressive.

They don't want to be too conservative.

So hence the balanced fund or the moderate fund.