The Business – ABC News
In this interview with Ticky Fullerton, Roger Montgomery discusses David Murray’s Financial Systems Inquiry recommendations that have put the Big Banks in the line of fire.
Is the decade of clover for the banks and their shareholders over?
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Roger Montgomery is the Founder and Chairman of Montgomery Investment Management. Roger has over three decades of experience in funds management and related activities, including equities analysis, equity and derivatives strategy, trading and stockbroking. Prior to establishing Montgomery, Roger held positions at Ord Minnett Jardine Fleming, BT (Australia) Limited and Merrill Lynch.
This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.
Nick
:
What tips would you have for people in their 20s who have relatively low incomes and wish to become successful investors in their 30s and beyond.
What are the correct actions and mindsets to internalize ?
What should we be focusing on ?
Cheers, Roger.
Roger Montgomery
:
Hi Nick,
I am quite serious when I say that the book I wrote, Value.able, was written for you. In terms of actions and mindsets, it is precisely what you need. You can order it here: http://rogermontgomery.com/valueable-book/
Nick
:
Hello Roger,
Do you have a recommended list of Books about improving personal finance and investing for beginners, other than your very own Value.able ?
There is a lot of noise out there, so it is great to cut to the chase and get some great fundamental knowledge
Cheers, Nick.
Roger Montgomery
:
Read everything you can about Warren Buffett. You must read Snowball and The Making of an American Capitalist and then read The Intelligent Investor by Ben Graham. Hope that all helps.