![\"Shani](\"\/_ipx\/f_webp&q_50&blur_3&s_10x10\/https:\/\/cloudfront-us-east-1.images.arcpublishing.com\/morningstar\/M3ZK2HWTFFBCHMXEYSNBLVKSSE.jpg\")
<\/p>\nThe start of a new year is a practical moment for investors to reassess their goals and adjust strategies for the road ahead. <\/p>\n
Below are the resolutions that myself and my colleagues are setting for 2026. <\/p>\n
Shani JayamanneDirector, Investment Specialist<\/p>\n
My 2026 financial resolution is to lean on more professionals. As I have moved along in my investing journey, my situation has become more complex. I have an Employee Share Plan which makes up part of my compensation, I am married and have opportunities to consider tax and investing strategies that may be more efficient, I have assets that I didn\u2019t have before that justify a professional will instead of a simple will from an online provider. The list goes on. <\/p>\n
I have acknowledged that I have reached a point where an opinion from an experienced professional about my strategy will either open new opportunities for me or grant me peace of mind that I am on the right track. <\/p>\n
You can find Shani\u2019s latest articles for Morningstar here<\/a>.<\/p>\n Mark LaMonicaDirector of Personal Finance I\u2019m not a big believer in New Year\u2019s resolutions. Instead I set 5 year financial goals and I\u2019m working on a goal for passive income by the time I\u2019m 50. I\u2019m ahead of schedule and think I can make it two years early if I can keep my savings levels up. For 2026 I\u2019m focused on hitting my savings target and \u2018buying\u2019 more income.<\/p>\n Besides that it is just focusing on consistency and remaining patient which is the secret to building wealth over time.<\/p>\n You can find Mark\u2019s latest articles for Morningstar here.<\/a><\/p>\n Simonelle ModyAssociate Investment Specialist One of my resolutions for 2025 was to cut back on unnecessary expenses and increase my investment contributions on a consistent basis. Barring recent Boxing Day indulgences, I\u2019d say I\u2019ve done a pretty decent job of that. <\/p>\n This year I\u2019ve decided that one my primary financial goal is prioritising my health and well-being. Although it sounds like one of those virtuous, hippie endeavours that only wellness gurus with unlimited time and suspiciously flexible schedules can afford, the intention behind it is much more practical. <\/p>\n As I tick over into what many consider the \u2018late twenties\u2019 stage of life, neglecting the gym and eating frozen meals every day becomes more of a financial liability than a lifestyle quirk. <\/p>\n Over the year, i\u2019ll be redirecting a small portion of my monthly investment allocation to upgrading my health adjacent spending. In plain terms: better nutrition that doesn\u2019t consist of beige food groups, a nicer gym that i\u2019ll actually want to visit and the occasional physio appointment – you get the idea. <\/p>\n You can find Simonelle\u2019s latest articles for Morningstar here.<\/a><\/p>\n Tyger FitzpatrickAssociate Investment Specialist<\/p>\n Next year, I want to start focusing on investments that give me steady income, not just growth. I\u2019ve always leaned toward high growth opportunities because I considered income investing as something for later in life. I believed you required a large amount of capital to receive decent income given the ASX 200 dividend yield is currently around 3.3%. However, taking a longer term view changed things. <\/p>\n Starting your income portfolio early on in life can really set you up down the track. So this year, I\u2019ll aim to add more dividend paying companies to my portfolio and build a foundation for the future. <\/p>\n You can find Tyger\u2019s latest articles for Morningstar here<\/a>.<\/p>\n Invest Your Way<\/p>\n For the past five years, Mark and Shani have released a weekly podcast and written on morningstar.com.au to arm you with the tools to invest successfully. They\u2019ve always strived to provide independent, thoughtful analysis, backed by the work of hundreds of researchers and professionals at Morningstar.<\/p>\n They\u2019ve shared their journeys with you, and you\u2019ve shared back. They\u2019ve listened to what you\u2019re after and created a companion for your investing journey \u2013 Invest Your Way.<\/p>\n 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>\n If anyone would like to support this project you can buy the book at the below links. It is also available in Kindle and Audiobook versions. Thanks in advance!<\/p>\n Purchase from Amazon<\/a><\/p>\n![\"\"](\"\/_ipx\/f_webp&q_50&blur_3&s_10x10\/https:\/\/cloudfront-us-east-1.images.arcpublishing.com\/morningstar\/5ZHFBXB6HKKSREIG2TK2QEX6YA.jpg\")
<\/p>\n![\"Simonelle](\"\/_ipx\/f_webp&q_50&blur_3&s_10x10\/https:\/\/cloudfront-us-east-1.images.arcpublishing.com\/morningstar\/3HXLQX2IXNDGVNOOVTNIYTYTRI.jpg\")
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