The investing mistake I never want to make

The investing mistake I never want to make

From Investing Compass by Morningstar Australia

April 25, 2026 · 16 min · Season 7 · Episode 17

About this episode

The episode discusses why the most efficient financial decision may not lead to the best life.

Investors are often told that success comes from optimisation: lower fees, better tax outcomes, and the highest possible expected returns. In this episode we explore why the most efficient financial decision isn’t always the one that leads to the best life. You can find the full article here. Would you like more free insights from Mark, Shani and the rest of the Morningstar team? You can find them here. A message from Mark and Shani 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. 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. The book is now available! It is also available in Audiobook format from most sellers. Purchase from Amazon  or  Purchase from Booktopia To submit any questions or feedback…

People in this episode

Hosts: Mark, Shani

Topics covered

  • investing mistakes
  • financial decisions
  • optimisation
  • life quality
  • successful investing

Keywords

  • investing
  • financial decisions
  • optimisation
  • fees
  • tax outcomes
  • returns
  • life quality

Mentioned in this episode

Organizations: Morningstar, Acast

Books & works: Invest Your Way

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