"I can't work out how a renovation will do anything other than destroy my plans for a buoyant financial future," says Jackson, who is torn between a reno and investing.
With savings accounts and term deposits offering meagre interest rates, income investors are turning to managed funds and ETFs. But how do they measure up?
Fund managers do it (some of them, anyway) because these days many of the very large funds are run by people whose job is not to outperform but to replicate a benchmark.
This week, Morningstar has selected Magellan Global as our Where to Invest fund of the week. It has advantages in its team and process that are hard to top.
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