Barefoot Investor reveals the three 'simple' things he invests in to make money trends now
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The Barefoot Investor has revealed the surprising way he invests his money, which he believes will ultimately deliver high returns with little effort.
Scott Pape, 46, recommends having 95 per cent of an investor's net worth in low-cost exchange traded funds (ETFs).
'An Aussie shares index fund, and a couple of international shares index funds. That’s it,' he wrote in his newsletter.
'While I'm classified as a "sophisticated investor", I believe in my bones that keeping things simple is the ultimate high net-worth strategy.
'And one which will deliver higher returns than the vast majority of professional fund managers.'
The Barefoot Investor Scott Pape prefers to keep his investment strategy simple by sticking to ETFs and having payments automated to put money into his investment accounts each month
The investor believes online trading apps can trap people into checking share prices too often which can lead to 'stress and overtrading'
The Barefoot Investor said that his simple strategy has another benefit besides making money.
'Even better, it means I spend as
