<p>Maximisers spend a lot of time researching and thinking about the best choice to make. Satisficers settle for the best option that they can see with modest criteria. Mark and Shani run through how to determine what type of investor you are and what this means for you.</p><p>You can find Christine's article, 'The case for a 'good enough' portfolio' <a href="https://www.morningstar.com.au/personal-finance/case-good-enough-portfolio" rel="noopener noreferrer" target="_blank">here.</a></p><p><em>A message from Mark and Shani</em></p><p>For the past five years, we’ve released a weekly podcast to arm you with the tools to invest successfully. We’ve always strived to provide independent, thoughtful analysis, backed by the work of hundreds of researchers and professionals at Morningstar.</p><p>We’ve shared our journeys with you, and you’ve shared back. We’ve listened to what you’re after and created a companion for your investing journey. Invest Your Way is a book that focuses on the investor, instead of the investments. It is a guide to successful investing, with actionable insights and practical applications.</p><p>The book is now available! It is also available in Audiobook format from most sellers.</p><p><a href="https://amzn.to/46qMXAu" rel="noopener noreferrer" target="_blank"><strong>Purchase from Amazon</strong></a>&nbsp;or&nbsp;<a href="https://booktopia.kh4ffx.net/55zd5N" rel="noopener noreferrer" target="_blank"><strong>Purchase from Booktopia</strong></a></p><p>To submit any questions or feedback, please email mark.lamonica1@morningstar.com or leave us a voicemail to feature on the podcast&nbsp;<a href="https://www.speakpipe.com/Investing_Compass" rel="noopener noreferrer" target="_blank">here.</a></p><p>Audio Producer and mixer:&nbsp;<a href="https://open.acast.com/shows/61e618c9d9ce8600126e77fa/episodes/www.willton.me" rel="noopener noreferrer" target="_blank">William Ton.</a></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

Investing Compass

Morningstar Australia

Are you a maximiser or a satisficer?

DEC 13, 202510 MIN
Investing Compass

Are you a maximiser or a satisficer?

DEC 13, 202510 MIN

Description

<p>Maximisers spend a lot of time researching and thinking about the best choice to make. Satisficers settle for the best option that they can see with modest criteria. Mark and Shani run through how to determine what type of investor you are and what this means for you.</p><p>You can find Christine's article, 'The case for a 'good enough' portfolio' <a href="https://www.morningstar.com.au/personal-finance/case-good-enough-portfolio" rel="noopener noreferrer" target="_blank">here.</a></p><p><em>A message from Mark and Shani</em></p><p>For the past five years, we’ve released a weekly podcast to arm you with the tools to invest successfully. We’ve always strived to provide independent, thoughtful analysis, backed by the work of hundreds of researchers and professionals at Morningstar.</p><p>We’ve shared our journeys with you, and you’ve shared back. We’ve listened to what you’re after and created a companion for your investing journey. Invest Your Way is a book that focuses on the investor, instead of the investments. It is a guide to successful investing, with actionable insights and practical applications.</p><p>The book is now available! It is also available in Audiobook format from most sellers.</p><p><a href="https://amzn.to/46qMXAu" rel="noopener noreferrer" target="_blank"><strong>Purchase from Amazon</strong></a>&nbsp;or&nbsp;<a href="https://booktopia.kh4ffx.net/55zd5N" rel="noopener noreferrer" target="_blank"><strong>Purchase from Booktopia</strong></a></p><p>To submit any questions or feedback, please email [email protected] or leave us a voicemail to feature on the podcast&nbsp;<a href="https://www.speakpipe.com/Investing_Compass" rel="noopener noreferrer" target="_blank">here.</a></p><p>Audio Producer and mixer:&nbsp;<a href="https://open.acast.com/shows/61e618c9d9ce8600126e77fa/episodes/www.willton.me" rel="noopener noreferrer" target="_blank">William Ton.</a></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>