‘Selfie’ (DIY) Retirement Investing - “Selfies are the army"

‘Selfie’ Shtick Focuses on Dividends


In Australia, almost all employees are covered by the country’s compulsory contribution system. Companies must pay at least 9.5% of workers’ income into a pension fund of the worker’s choice. Employees can opt to put even more aside for retirement, making Australia’s pension-fund system the fourth-largest in the world. And they can bypass institutional money managers and handle their own investments. ... Ms. McGuiness said their strategy is simple: They target companies with household names that pay healthy dividends, which are then reinvested.
Comment: Kathee and I are "selfie" investors. Kathee shares the wheel with me so that if I precede her she knows the ropes.

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