Register For Our Mailing List

Register to receive our free weekly newsletter including editorials.

Register

23 February 2025

Home / 382

Video: Noel Whittaker on investing until you’re 100

At any point in time, regardless of the existence of a severe event like COVID-19, the outlook is always unclear and range of outcomes uncertain. Rather than speculate about markets, it’s better to stay the course with a diversified portfolio based on your attitude to risk. Author and personal finance expert Noel Whittaker talks with Graham Hand.

From the Morningstar Individual Investor Conference, 30 October 2020

The Morningstar 2020 Individual Investor Conference was held over 29 and 30 October and drew over 2,000 registrations. It offered investors the opportunity to tap into the expertise and knowledge and Australia's leading investors. 

Some of the highlight sessions include:

  • Hamish Douglass from Magellan discusses the US election, long-term trends and your portfolio.
  • Gemma Dale from nabtrade on the rise of the retail investor
  • Kate Howitt on how she identifies attractive companies
  • David Harrison from Charter Hall Property discusses how it's all about location, location and ... strategy.
  • Anton Tagliaferro of IML on finding long-term opportunities in the current market.

Get access to all the recordings and explore all Premium benefits with a free Morningstar Premium trial. No credit card required.

Noel Whittaker is one of the world’s foremost authorities on personal finance and an international bestselling author. His latest book, Retirement Made Simple, is available at www.noelwhittaker.com.au. 

 

6 Comments
ABC
November 08, 2020

I agree completely with CC.
Also, once you have about $100,000 in a super fund, why not create your own index fund? Just invest in the largest 10 or 12 Aussie shares, weighted by market capitalisation. Adjust a couple of times a year and the results will be close enough to the index. I started doing this in 1993 and it works with little effort. After their fees and other costs, I beat most super fund managers most years and often beat them all.

Geoff
November 14, 2020

Simply invest in Argo Investments (ARG) and/or Australian Foundation Investment (AFI).

Trevor
November 07, 2020

VERY STRONG HINT.....because I am not "licensed to give financial advice".........there are management strategies available.... . BUY NOEL'S BOOK !

AlanB
November 04, 2020

28:28 "...and watch that they don't charge too much in fees. .... a 1% $40,000 fee on a $4m share portfolio is ridiculous." It would be interesting to know the % increase in wealth to a client from using a financial planner/advisor, compared to the % increase in wealth to the financial planner/advisor from using a client. 

Geoff
November 04, 2020

37:30 in the video, re. paying your financial advisor. It's not a good question as the answer surely depends upon what said advisor is doing for you. If they're providing investment advice and managing your portfolio, then a % of FUM is reasonable - so long as it's a reasonable %. If they're giving you advice on this or that particular topic - say estate planning, financing into a retirement home, general investment strategy when not in control of particular assets, then a $/hr charge seems more appropriate.

What I have a huge problem with is this insistence on % of FUM when the advisor essentially does absolutely nothing active but review your portfolio once a year. Nice work if you can get it.

My partner got into a conversation with FPs about transferring her UK pension assets to Australia, and I was gobsmacked that there was a 1%-ish fee for organising the transfer, and an ongoing 1% on FUM for "advice" because the vehicle into which the funds (being superannuation) required a FP to operate it - ie. make any changes. Given the amount in question was some $600K or thereabouts, that seemed like theft to me. The cost to transfer assets is independent of the size of the assets, and the cost of making changes to the investments is as well. She didn't proceed for reasons other than the fees, but it all just seemed like money for jam for the FP firm involved to me.

CC
November 07, 2020

You'd do much better to manage your shares and managed funds by yourself, as I do. it's really not that hard. particularly these days with low fee ETFs, index funds, etc.

 

Leave a Comment:

RELATED ARTICLES

Video: How Chris Cuffe finds fund managers who 'swing the bat'

Portfolio construction in the real world

The 9 most important things I've learned about investing over 40 years

Firstlinks is sponsored by:
banner

Most viewed in recent weeks

Retirement is a risky business for most people

While encouraging people to draw down on their accumulated wealth in retirement might be good public policy, several million retirees disagree because they are purposefully conserving that capital. It’s time for a different approach.

The perfect portfolio for the next decade

This examines the performance of key asset classes and sub-sectors in 2024 and over longer timeframes, and the lessons that can be drawn for constructing an investment portfolio for the next decade.

UniSuper’s boss flags a potential correction ahead

The CIO of Australia’s fourth largest super fund by assets, John Pearce, suggests the odds favour a flat year for markets, with the possibility of a correction of 10% or more. However, he’ll use any dip as a buying opportunity.

The challenges with building a dividend portfolio

Getting regular, growing income from stocks is tougher with the dividend yield on the ASX nearing 25-year lows. Here are some conventional and not-so-conventional ideas for investors wanting to build a dividend portfolio.

How much do you need to retire?

Australians are used to hearing dire warnings that they don't have enough saved for a comfortable retirement. Yet most people need to save a lot less than you might think — as long as they meet an important condition.

Welcome to Firstlinks Edition 594 with weekend update

It’s well documented that many retirees draw down the minimum amount required and die with much of their super balances untouched. This explores the reasons why and some potential solutions to address the issue.

  • 16 January 2025

Latest Updates

Investment strategies

UniSuper’s boss flags a potential correction ahead

The CIO of Australia’s fourth largest super fund by assets, John Pearce, suggests the odds favour a flat year for markets, with the possibility of a correction of 10% or more. However, he’ll use any dip as a buying opportunity.

9 ways to fix Australia's housing crisis

Decades of policy failure have induced a fall in housing affordability. Unless painful changes are made, an underclass will emerge in a society that is supposed to boast the one of the world's highest standards of living.

Shares

Australia: why the chase for even higher dividend yields?

Australia boasts one of the world's highest dividend yielding sharemarkets, providing substantial benefits to investors and retirees. Despite this, individuals often stretch for even more yield, to their detriment.

Shares

MIGA – Make Income Great Again

The Australian sharemarket seems to be rewarding a number of unprofitable companies on the promise of future riches. Yet profits and cashflows still matter, as a recent case study of Domino's Pizza shows.

Shares

Mapping future US market returns

Exceptional returns from the US sharemarket over the past decade have driven by sales growth, margin expansion, rising valuations, and dividends. Predicting future returns requires careful consideration of these factors.

Shares

Read this before you go all in on US equities

US equities rule global markets, but history is littered with examples of markets that seemed invincible — until they weren’t. Diversification will be key for investor portfolios going forwards.

Property

What impact would scrapping stamp duty have on housing?

Increasing house prices pose challenges for housing affordability. This investigates the impact of stamp duty on the property market, and how removing the tax could help address several key issues.

Sponsors

Alliances

Site Map

About Firstlinks

© 2025 Morningstar, Inc. All rights reserved.

Disclaimer
The data, research and opinions provided here are for information purposes; are not an offer to buy or sell a security; and are not warranted to be correct, complete or accurate. Morningstar, its affiliates, and third-party content providers are not responsible for any investment decisions, damages or losses resulting from, or related to, the data and analyses or their use. To the extent any content is general advice, it has been prepared for clients of Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892), without reference to your financial objectives, situation or needs. For more information refer to our Financial Services Guide. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your situation, contact a professional financial adviser. Articles are current as at date of publication.
This website contains information and opinions provided by third parties. Inclusion of this information does not necessarily represent Morningstar’s positions, strategies or opinions and should not be considered an endorsement by Morningstar.