How to Invest Like Taylor Swift (No Kidding)
We’re talking about how to tackle inflation as an active investor. We also deal with a question on discounted Listed Investment Companies which – believe it or not – leads us towards the Taylor Swift school of investing. It turns out Taylor takes tips from her ex-Merrill Lynch stockbroker dad, Scott – and she seeks out discounted closed-end mutual funds. The ASX version of this investment is discounted LICs – but are they for you?
We also cover: Optimising your cash to tackle inflation, gearing at a time of high-interest rates, and getting to the bottom of family trusts.
Financial adviser Bruce Brammal joins The Australian’s Wealth Editor James Kirby on this week’s episode.