Investment ideas for parents in mid 50's

I'm hoping to give some of those other sources of information for people to read before they make decision based on his general advice which ignores risk tolerance, diversification, data on inability to out perform, using cherry picked start and end dates to (falsely) show mining sector is garbage, and flat out made up stories like those about REIT's.

If he would stop with all the dodgy nonsense and just kept his message of saving consistently, staying the course, and introduced the idea of proper diversification (investing entirely in Australian equities isn't remotely diversified), then I think he would be doing a good service. but as it stands, I think his misinformation is more harmful than helpful.

/r/fiaustralia Thread Parent