[Smart Investing] Be aware of biases

Investments and personal finance insights from Vanguard Australia

6 May 2020 Hi everyone, Hope you are all staying safe and rugging up this week.   In this week’s Smart Investing, we take a look at two more behavioural biases that investors should be aware of, especially as COVID-19 restrictions are set to ease and markets begin their recovery.  Vanguard Senior Financial Writer Tony Kaye also discusses how the Australian Tax Office has given the majority of self-managed super fund (SMSF) trustees a short regulatory reprieve to lodge their tax returns. In light of this, now might be an opportune time to ensure your SMSF fund continues to meet the current and future needs of all members.  Lastly, our global chief economist Joe Davis has written a blog on the economic effects of COVID-19 and what the path forward may look like.  As always, feel free to email us with your questions or feedback. Regards, Robin Bowerman Head of Corporate Affairs Vanguard Australia

Be aware of biases By: Robin Bowerman We've written recently on the perils of recency bias and loss aversion, but perhaps there are also a few other behavioural biases to be aware of as you begin to emerge from your own investing lockdown. Read More

A reprieve to review your SMSF strategy By: Tony Kaye In the midst of the COVID-19 outbreak, the Australian Tax Office has given the majority of self-managed super fund (SMSF) trustees a short regulatory reprieve. Read More

The 'Great Fall' and the road to recovery  By: Joe Davis The COVID-19 pandemic has unleashed economic effects unlike any the world has seen before. Among the most disruptive events of our lifetimes, it defies conventional labels. Here's how we'll move forward. Read More

VANGUARD IN THE NEWS Coronavirus market analysis: equities outperforming Industry Moves | Justin Cleveland | 30 April 2020 Talk to any investor on the street, and they’ll likely share concern about share performance relative to the broader economy. A brutal earnings season is bearing this out all around the globe. And yet, there are some areas that are defying expectations. Vanguard reports that it was also their third-largest quarter on record with $1.51 billion coming in. Vanguard Asia's head of capital markets, Minh Tieu, said it showed investor confidence in ETFs during market volatility due to their diversification and low costs. To read more, please visit the Industry Moves 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.

IN CASE YOU MISSED IT

Why financial advice matters By: Rebecca Pope A good financial adviser should be keen to understand your circumstances and your goals, and be predisposed to work with you to achieve your objectives. Read More

Advice for my twenty-something self By: Robin Bowerman But if I were to give some general financial advice to my twenty-something self, it’d probably be themed around the following Read More

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