 | Welcome to this week's edition of Smart Investing.
What is the greatest determinant of total returns and return variability over the long term? In short, it largely comes down to the way you invest your money.
In our lead article asset allocation specialist Maziar Nikpour from Vanguard's Investment Strategy Group explains why short-term tactical portfolio changes are risky, while using a strategic asset allocation approach has a much higher chance of achieving long-term investment success.
Meanwhile, in our second article, Senior Personal Finance Writer Tony Kaye explains the differences between exchange traded funds (ETFs) and listed investment companies (LICs). These listed products may seem similar, but they're very different and it's important for all investors to understand them in order to make informed investment choices.
Lastly, once you've made an investment, you don't have any real control over its performance. We see that every day as financial markets move up and down. But there is one key investment factor that's totally in your control. Read our third article to find out more.
| | | | | Why strategic asset allocation is a better tactic for investors | | Making portfolio changes based on short-term volatility can be detrimental over the long term. | | Read article | | | | | | | Comparing exchange traded funds with listed investment companies | | ETFs and LICs may appear to be similar products, but they're very different. | | Read article | | | | | | | The one thing in investing you can control | | You can't control what happens on financial markets. But you can control one factor to improve your returns. | | Read article | | | | | | | The next bet on interest rates | | The Reserve Bank has stated is has a low tolerance for a slower return of inflation to its target band. | | Read article | | | | | | | Our investment and economic outlook, October 2023 | | Read our region-by-region economic outlook and latest forecasts for investment returns. | | Read article | | | | Vanguard and its employees wish to acknowledge the Traditional Custodians of Country throughout Australia where we operate our business. We recognise their connection to the land, water and culture and wish to pay our respects to their Elders past, present and emerging.
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