Kris Walesby
speaker
321 appearances
1 recordings
1 series
first heard Jul 2020
last heard Jul 2020
Kris Walesby’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
For a retiree, I'd say, you know, there's a lot of risk there.
So you put that, again, that would be a satellite.
Well, in Australia, the answer is relatively simple.
But in Australia, there's a little bit of a twist, right?
And it's a positive twist in most environments.
But really, if you are in the late stages of accumulation or retirement,
Everything is about protection.
And what I see in Australia being English is that Australian investors don't protect their portfolios as much as they should.
And the reason why is because they've been in an environment where A, Australia's not had a recession for a long time until recently.
And B, you have something called franking credits, right?
Which all of your viewers will know intimately, but doesn't really exist anywhere else in the world.
In fact, I think the only country that does is Malta.
So this benefit is intense.
And it means that the chance of an Australian investor investing in stocks is much higher, even in their retirement, because they know that they're going to get five plus shares.
two percent right so you know if you're gonna get five percent yield you're not you're gonna get seven percent yield um because of the tax benefit or whatever it is depending on the franking credits at the time right um so very difficult to ignore um and again until very recently until two or three years ago australia was one of the highest um interest rates in the in developed world the reason i mentioned that is because if you are yield uh if you're paying dividends as a company you need to be paying higher
then the available term deposits.
Otherwise, all things being equal, an investor will just pick the term deposit because there's no risk, right?
So people were averagely expecting in Australia to get somewhere between 5% to 7% just on the dividends, and then you've got the franking credits, right?
Really difficult to ignore that as an investor, even in your retirement.
But that aside, my personal opinion is that you should be 80% fixed income and cash throughout your portfolio, be it core or satellite, if you're retired.
Showing 181–200 of 321 · page 10 of 17
← Previous
Next →