I have received a lot of comments and have also received plenty of emails enthusing about my investment musings here on Mr Home Maker. However, many of these comments and emails also express fear and paralysis about actually investing (AKA doing it as opposed to just talking about it!).
Again, I am not a financial adviser and the information I share now is purely for your encouragement in becoming more fiscally responsible. Absolutely do your own research and analysis please.
A Simple Elegant Investment Plan for Australians
- 50% invested in old Australian Licensed Investment Companies like Argo and/or AFIC.
- 50% invested in Vanguard MSCI Index International Shares ETF (VGS).
That's it folks - as simple and elegant as that. Uh huh.
Happy to answer any questions on why etc in the comments below for everyone's mutual benefit.
Take care folks and stay nice.
Mr HM (Phil)