Many investors don't care about the share price. Let me say that again. In Australia, there is a very y large chunk of retiree investors who simply don't care about the capital value of their shares because they are entirely focused on living off the income and the franking. "The kids will get the shares," they will tell you, "and I don't care what the share price is when I'm dead." Is that you? Cue the seven traits of an income investor. See if you qualify.
Income investors are generally not interested in the stockmarket
Their focus is milking it for income. It might provide some intellectual stimulation on a weekend when they read the newspaper or chat about it at dinner, but they do not wish to be watching the stockmarket, making decisions about the stockmarket, worrying about the stockmarket. There is tremendous value in avoiding stress. These investors have worked that out. Income investors value their state of mind over money.
Income investors are genuine investors, not traders
Esta historia es de la edición June 2022 de Money Magazine Australia.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición June 2022 de Money Magazine Australia.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
An outrageous, beautiful monopoly
Telstra's mobile business is a cash machine with few competitors, giving it the highest returns in the world.
Drop the anchor to judge value
Buying and selling decisions should be based on where a stock price is going, not where it has been.
Powering the AI boom
Beyond the software and chipmakers, where will the energy come from?
Get into life
Tucked inside super are products that can protect you from life's inevitable uncertainties.
Paths to home ownership
Taking the road less travelled can sometimes deliver unexpected benefits.
Sold! Quick ways to add value
Small, strategic changes can have a big impact on the look and feel of your home. And get you a better price on auction day.
Money lessons the kids need to know
Your children can learn a lot from your past money mishaps. Here are eight financial conversations I have had with mine.
Property-investing rules: are they likely to change?
The pressure for the government to curb the tax benefits of tax concessions, such as negative gearing and the capital gains tax discount, is unrelenting. Most recently, independent senators David Pocock and Jacqui Lambie proposed five options for paring back investment property tax concessions, with savings to the Federal budget of up to $60 billion over the next decade.
What's love got to do with it?
A rollercoaster of emotions could be driving poor crypto behaviour.
Are we ready to be cash-free?
Saying goodbye to our piggy banks too soon could leave small businesses in the dark when problems arise.
