Roger Montgomery - A Guide to Financial Success from Your 20s to 90s

Want quick, relevant advice for every stage of your life? Fantastic. You've come to the right place, as Ben and Pete ask seasoned finance expert Roger Montgomery to share his top tips for success. Broken down into different ages, Roger's No. 1 suggestions is a rapid-fire list you can instantly act upon. PLUS: Roger reveals how Jesus specifically shapes the core of his approach to money.

MEET OUR GUEST: Roger Montgomery has more than three decades of experience in funds management, equities analysis, trading, and stockbroking. He is the founder of Montgomery Investment Management, a boutique Australian investment firm catering to individuals, families, and their advisors. Roger is also the author of "Value.Able," a guidebook for the stock market aimed at successful investing for the next generation. Beyond his professional endeavors, Roger regularly appears on ABC Radio, ABC TV, The Australian and AusBiz.

Key Takeaways:

• Roger Montgomery shares life-stage-specific financial advice, emphasising a balanced approach to risk and reward, especially when young.
• Roger strongly believes successful investment is about treating stocks as parts of businesses, not as "gambling" entities.
• The Parable of the Talents inspires Roger’s professional approach, underlining stewardship and ethical responsibility in wealth management.
• Roger encourages Christians in finance to be open about their faith, asserting many in the industry share similar values.

Notable Quotes:

1. "My job is to read very specific things… to understand what [they] mean in terms of what the value of the business [is] doing."
2. "Don't play it too safe when you're in your 20s; have a go."
3. "You're still going to need growth. You're still going to need to invest in things that are going to go up in value."
4. "The moment I think I became a Christian… I just thought, that's a community that I want to be a part of. That's very different to the world I live in."
5. "The assumption is that people who work in finance aren't Christians [but] there's a huge number of Christian people in my industry."

Resources:

• More about Roger Montgomery: rogermontgomery.com
• Montgomery Investment Management: montinvest.com
• Roger's book: Value.Able (A guide for stock market investment)

 

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Pete Burrows is an accountant for small business and individuals with Lower Russell and Farr in Penrith, Western Sydney, Australia.

Ben McEachen hosts Hope Mornings on Hope 103.2FM in Sydney, Australia.

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