A couple who spend their lives on the high seas need a safe harbour for their investments
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NAME: Jody Bedson
STATUS: Married, retired and sailing around the world.
QUESTIONS: Where do I invest $100,000 in a conservative but high-return portfolio? Should I cull or add to my existing shares?
ANSWERS: Keep your investments simple and place your extra money into AustralianSuper, where investment earnings are tax free and you can draw it down when you need it. Sell your shares and invest the money in AustralianSuper so you won’t have to keep an eye on how they are performing. But if you want to keep the shares, consider cutting back on banks and retail stocks.
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