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I'll put the point of view passive investing as described by one certain poster is not passive investing.

Passive investing at it's core refers entirely to a buy-and-hold concept. It does not involve assessing the state of the market or trading in any way. It requires a long-term (40 years plus) view with the regular placement of funds into the market or when you have funds to invest. It can be achieved through LICs if you wish or through buying and holding broad based low cost ETFs (not thematic and generally not sectoral) based on your preferred Home country/International allocation. You buy then not bother with the market until you buy again.

It does not involve assessing the merits or otherwise of individual companies.

With LICs you outsource that task to the managers (and possibly achieve some degree of active management) and with ETFs you understand you are prepared to accept the market average - mainly because around 90% or more of investors are average but don't have the necessary skill set to be able acknowledge that fact.

In regard to superannuation, it is better to always seek professional advice and not the views of some random posting on a forum. There are nuances which could trip you up in your thinking. An example of this is step-children. You may have excluded them from your assets under your Will. However, the definition of children under the SIS Act does include step-children so it could be they have a claim on your superannuation when you shuffle off this earth. That is only one example. There are likely to be more which I have not fully explored.

<blockquote data-quote="Belli" data-source="post: 1255213" data-attributes="member: 71583">I&#039;ll put the point of view passive investing as described by one certain poster is not passive investing.Passive investing at it&#039;s core refers entirely to a buy-and-hold concept.&nbsp; It does not involve assessing the state of the market or trading in any way.&nbsp; It requires a long-term (40 years plus) view with the regular placement of funds into the market or when you have funds to invest.&nbsp; It can be achieved through LICs if you wish or through buying and holding broad based low cost ETFs (not thematic and generally not sectoral) based on your preferred Home country/International allocation.&nbsp; You buy then not bother with the market until you buy again.It does not involve assessing the merits or otherwise of individual companies.With LICs you outsource that task to the managers (and possibly achieve some degree of active management) and with ETFs you understand you are prepared to accept the market average - mainly because around 90% or more of investors are average but don&#039;t have the necessary skill set to be able acknowledge that fact.In regard to superannuation, it is better to always seek professional advice and not the views of some random posting on a forum.&nbsp; There are nuances which could trip you up in your thinking.&nbsp; An example of this is step-children.&nbsp; You may have excluded them from your assets under your Will.&nbsp; However, the definition of children under the SIS Act does include step-children so it could be they have a claim on your superannuation when you shuffle off this earth.&nbsp; That is only one example.&nbsp; There are likely to be more which I have not fully explored.</blockquote>

[QUOTE="Belli, post: 1255213, member: 71583"] I'll put the point of view passive investing as described by one certain poster is [B]not [/B]passive investing. Passive investing at it's core refers entirely to a buy-and-hold concept. It does not involve assessing the state of the market or trading in any way. It requires a long-term (40 years plus) view with the regular placement of funds into the market or when you have funds to invest. It can be achieved through LICs if you wish or through buying and holding broad based low cost ETFs (not thematic and generally not sectoral) based on your preferred Home country/International allocation. You buy then not bother with the market until you buy again. It does not involve assessing the merits or otherwise of individual companies. With LICs you outsource that task to the managers (and possibly achieve some degree of active management) and with ETFs you understand you are prepared to accept the market average - mainly because around 90% or more of investors are average but don't have the necessary skill set to be able acknowledge that fact. In regard to superannuation, it is better to always seek professional advice and not the views of some random posting on a forum. There are nuances which could trip you up in your thinking. An example of this is step-children. You may have excluded them from your assets under your Will. However, the definition of children under the SIS Act does include step-children so it could be they have a claim on your superannuation when you shuffle off this earth. That is only one example. There are likely to be more which I have not fully explored. [/QUOTE]

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