It has been a trying year for even the most experienced of SMSF investors, says the Head of Personal Investor at Vanguard Balaji Gopal, but the good news is “both equities and fixed income are now in a much more attractive position than where they were priced at as at the end of 2021”.
A part of the reason for this increasing engagement is the amount of information out there on investing, which is attracting a younger cohort ofwho are “feeling confident and empowered” as they source a lot of information from social media and the internet. The trend to a younger demographic is also reflected in the Vanguard/Investment Trends 2022 SMSF Investor Report, which found the average age of those who were setting up SMSFs has dropped to about 46 years old from about 51 a few years ago.local shares remain the largest asset class held
“It doesn’t often happen, but it happens maybe about 13 per cent of the time over a very long period in history.” “We continue to advocate for people to have a long-term time horizon for investing, with the importance of setting goals, staying diversified, staying low cost, and staying the course, irrespective of market movements. It’s far more beneficial in the long run than any market trend.”