Mark Lamonica - Investing for income to live the life you want today | Summer Series

6 snips

Jan 15, 2025

Mark Lamonica, Director of Personal Finance at Morningstar Australia, shares his insights on dividend growth investing and income generation strategies. He discusses current market opportunities and emphasizes setting clear investing goals. Mark explains how to fund a lifestyle through investments and the importance of building a portfolio for the long haul. He also highlights the value of continuous learning and the transition from growth strategies to income generation, demonstrating how consistent investing can enhance one’s quality of life today.

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ANECDOTE

Early Investing Experiences

Mark Lamonica's parents gifted him small amounts of shares for birthdays/Christmas as a child.
As a university student during the dot-com bubble, he actively traded stocks based on online forums.

INSIGHT

Dot-com Bubble Lesson

Mark's dot-com bubble experience revealed the hollowness of market hype.
This led him to favor dividend investing due to its tangible nature.

INSIGHT

Life Philosophy and Investing

Mark prioritizes experiences over material possessions, influenced by observing the lifestyles of wealthy commuters.
This philosophy shapes his investment strategy, focusing on generating income for travel and other experiences.

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Mark Lamonica is the Director of Personal Finance at Morningstar Australia.

Throughout this Summer Series, we're speaking to 12 accomplished investors and financial advisors to unpack their journeys in finance and the lessons they've learned along the way.

In today's conversation with Mark, we're unpacking:

What opportunities Mark is seeing in the current market
How Mark has very clearly defined his investing goals
Investing for income and how Mark funds his lifestyle with his investments
Setting up an investment portfolio for the next 30 years
How Mark continues to upskill and learn as an investor

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Thank you to Viola Private Wealth for sponsoring this Summer Series and helping us keep all of our content free.

With $2.5 billion under management, Viola Private Wealth provides tailored solutions for high-net-worth investors. Their boutique firm specialises in helping individuals and families navigate the complexities of wealth management with clarity and confidence.

To speak to the team at Viola Private Wealth, complete the contact form on their website.

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Looking to start 2025 on the right foot?

Pick up a copy of our books Don't Stress Just Invest or Get Started Investing.
Want to speak to one of our hand-picked financial advisers? Fill out the form on our website and we'll put you in touch.

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In the spirit of reconciliation, Equity Mates Media and the hosts of Equity Mates Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.

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