609 inflation eating away at investments, super investment options, strata fees, choosing health insurance + more
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You Should Have 40% of Your Asset Allocation in Defensive Assets
There is this old wives tale that says, as a rule of thumb, if you're 40 years old, you should have 40% of your asset allocation in defensive assets. It's the worst advice on the planet. You know, my money's working every 24 hours a day. I'm not drawing down capital. When you turn 60, when you're over 50, your money still needs to work because when you retire, you don't just draw it down into your bank account. So, I just think these life stage options in super, I get why they've done it to protect people and all that if their eyes are off the ball. But, if you understand investing in how
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