Long time lurker, first time poster. My parents asked for investment advice and I only have a general idea - so I turn to the combined wisdom of the MMM forum!
Investor case study:
- 2 retirees in their sixties
- live in Australia
- no debt, have sufficient safe investments for income purposes
- have a solid chunk of exposure to Australian equities
- want to invest in share-type investments as cash pays 3.99% currently
- can either invest via self-managed superannuation fund or as individuals
Since my parents are already heavily invested in the Australian share market, I think it would make sense to invest in international share indices (S&P 500, Eurostoxx, etc).
Australian mustachians: what is the best way to do this via a local provider that doesn't have high fees?