I’m nowhere near retirement and want to park money for 30 years.
What’s the best strategy? Balanced? 50/50 aus and overseas shares?
Right now I’m on balanced and being told that “why do balanced when you have 30-35 working years left?? 2% on high growth is a big difference over 30 years?”
This is coming from my financial advisor. But saying that he said “there are possible headwinds for stocks”
Obviously having more property, cash and bonds is safer. The returns would be lower though.