[Smart Investing] Let the Great Retirement Income debate begin

Click here to view Smart Investing™ online. Smart Investing™ With Robin Bowerman Principal, Market Strategy and Communications   01 September 2014   IN THIS EDITION: Let the Great Retirement Income debate begin Distinguishing between desired and required returns The link between margin loans and share prices Let the Great Retirement Income debate begin Life is really just a series of challenges. There is the car payment/rent/phone/entertainment bill juggling challenge. Once you get that under control along comes the long-term stuff like mortgages and school fees. Then comes the retirement challenge.   Read more Distinguishing between desired and required returns August has been a month of highs for the local and US sharemarkets. While the Australian S&P/ASX 200 climbed to a six-year high, the S&P 500 reached a new record high of 2000. Investors, however, should take care not to develop exaggerated expectations for the long-term returns of their portfolios on the basis of such recent highs.   Read more The link between margin loans and share prices The willingness of investors to borrow to buy shares using margin loans tends to rise when share prices are rising and fall when prices are falling.   Read more Vanguard in the news How things might have been Jeremy Chun | 27 August 2014 Vanguard once a year likes to remind us of the possibilities presented in the previous three decades with its Index Chart. To read more, please visit the Australian Financial Review website. Please note the link above will show a copy of the article (where freely available), or the publisher's website if a subscription is required. QUICK LINKS Exchange Traded Funds Performance News and Commentary Retail Managed Funds Client services Online: Click here to see contact details for the Vanguard Client Services Team around Australia. Client service associates are available from 8:00am to 6:00pm, Monday to Friday (Melbourne time). Email: clientservices@vanguard.com.au Telephone: 1300 655 101 8:00am - 6:00pm Monday to Friday, Melb time. Vanguard ETF Help desk: 1300 655 888 8:00am - 6:00pm Monday to Friday, Melb time. Unsubscribing from this email: To unsubscribe from this newsletter, please click here or contact us on 1300 655 101. General advice warning Vanguard Investments Australia Ltd ABN 72 072 881 086 / AFS Licence 227263 is the product issuer. We have not taken your or your clients' circumstances into account when preparing the information in our electronic publications so they may not be applicable to your circumstances. You should therefore consider your or your clients' circumstances and our Product Disclosure Statement (PDS) before making any investment decision. You can access our PDS here or by calling 1300 655 101. Past performance is not an indication of future performance. Our electronic publications are prepared in good faith and we accept no liability for any errors or omissions. Not all articles are prepared by Vanguard so they may not represent our views and opinions. Vanguard Investments Australia Limited is in no way responsible for the content or loss resulting from use of any website owned by a third party that may be linked to this email via hyperlink. © Copyright 2014 Vanguard Investments Australia Ltd. All rights reserved. Terms and conditions of use  |  Disclaimers  |  Privacy policy CONNECT WITH US  LinkedIn  Twitter