{"id":1760,"date":"2016-06-01T06:27:20","date_gmt":"2016-06-01T06:27:20","guid":{"rendered":"http:\/\/www.prosolution.com.au\/?p=1760"},"modified":"2018-03-08T17:17:20","modified_gmt":"2018-03-08T07:17:20","slug":"if-more-than-30-of-your-super-is-invested-in-the-aussie-stock-market-your-retirement-could-be-compromised","status":"publish","type":"post","link":"https:\/\/wealthcoach.com.au\/stage\/if-more-than-30-of-your-super-is-invested-in-the-aussie-stock-market-your-retirement-could-be-compromised\/","title":{"rendered":"If more than 30% of your super is invested in the Aussie stock market your retirement could be compromised"},"content":{"rendered":"

How much of your super is invested in the Australian stock market? If it\u2019s more than 30% then please take 3 minutes to read this blog.<\/p>\n

Between 1995 and 2007, the average capital return on the Australian stock market was 14.5% p.a. A $100,000 invested in January 1995 would have been worth $554,000 by December 2007. Since January 2008, the average return has fallen to 4.8% p.a. (All Ordinaries Index) and over this 8-year period, your investment would have appreciated from $554,000 to $654,000.<\/p>\n

So in the first 13 years you made over $450,000 and in the last 8 years only $100,000. That is not good news and perhaps there\u2019s even worse news in the future\u2026 let me explain.<\/p>\n

The Australian market lacks diversification
\n<\/em><\/strong><\/p>\n

The ASX200<\/a> is dominated by only a few companies. The top 10 companies include the big 4 banks, Telstra, BHP, CSL, Wesfarmers, Woolworths and Scentre (Westfield). These 10 companies account for 44% of the index\u2019s total market capitalisation. Put differently, if you invest in the ASX200 index, 44% of your money is invested in only 10 stocks. Compare this to the US market for example. The top 10 companies only account for 22% of the total market capitalisation of the top 200 companies[1]<\/a>. The US market provides approximately four times more diversification than the Australian market (as 44% would be invested across 40 companies, not 10).<\/p>\n

We have seen the impact that the lack of diversification has had on returns recently. Between January and April 2016 this year most of the bank share prices have been hammered by the market. This drags investor returns down because they are essentially over-exposed to one sector.<\/p>\n

There\u2019s almost no tech exposure<\/em><\/strong><\/p>\n

Only 1.32% of the ASX200 is invested in the technology sector. The technology sector has delivered very strong returns in the past 5 years (i.e. 11.89% p.a.[2]<\/a>) and not having any exposure to this sector is a poor long term (asset allocation) strategy in my opinion. There has been some commentary lately that valuation multiples for tech companies are too high at the moment and if time proves this to be true, returns in the short-term might be negatively impacted. However, in the long term, it is difficult to see how companies like Apple, Microsoft, Facebook and Google (all in the top 10 US companies) won\u2019t have a large role to play in the future economy. As such, it makes sense to have some exposure to this sector.
\n<\/em><\/strong><\/p>\n

Commodities will probably weigh further on the Aussie stock market<\/em><\/strong><\/p>\n

The chart below was published by the RBA and sets out the commodity price index<\/a> from July 1982 through to April 2016.<\/p>\n

\"rba-june16\"<\/a><\/p>\n

This chart demonstrates that commodity prices were pretty steady between 1982 and 2004. Between 2004 and 2011 the commodity index rose over 340%. Today, the index suggest that commodities are still arguably 50% overvalued (compared to the pre-commodity boom longer-term average).<\/p>\n

In a recent presentation, Platinum Asset Management<\/a> notes that Resources based earnings used to account for 1% of GDP in Australia pre-boom. It rose to 6%. It is still at 4%.<\/p>\n

What does this all mean? There is a risk that weaker commodity prices and earnings will have an impact on the economy and the local stock market in the medium term. BHP accounts for 4% of the ASX200 index and the Materials sector accounts for 13.5%. That is a lot of money invested in a sector that might struggle in the medium term. Plus the health of this sector does impact on other sectors too.<\/p>\n

Australia hasn\u2019t had a recession since the early 1990\u2019s \u2013 some 25 years ago. The NBER<\/a> suggests most economies have a recession every 5 to 10 years. The longer Australia avoids recession, the more likely it is that one is just around the corner!
\n<\/em><\/strong><\/p>\n

The lost decade and Japan\u2019s experience \u2013 and its impact on your super?<\/em><\/strong><\/p>\n

The chart below sets out the performance of the ASX200 over the past 10 years. As you can see, it has done very little capital growth wise over this time. If you are over-invested in the Australian market (say more than 30% of your total super) and its performance doesn\u2019t improve, that will have a big impact on your retirement savings.<\/p>\n

\"ASX200-june16\"<\/a>
\nSource: Interactive Data<\/em><\/p>\n

Another risk for the Australian market is that we enter into a prolonged period of very low interest rates. Given the other pressures mentioned above, it might be very difficult for the government to stimulate economic growth. Australia, and possibly the world, might be stuck in a low or zero interest rate environment for possible the next decade and beyond. This was the flavour of the aforementioned Platinum presentation \u2013 here\u2019s a summary by Marcus Padley.<\/a> Japan has had low or zero interest rates for about 25 years and its share market has struggled over that same period of time \u2013 see chart below. If this occurs in Australia, then the lack of diversification is even more of a concern.<\/p>\n

\"japan-june16\"<\/a><\/p>\n

The solution: assume that you don\u2019t know what the future is going to bring<\/em><\/strong><\/p>\n

Financial scholars argue that asset allocation (i.e. what asset classes to invest your money in) is an investor’s most important decision. The aim of a strategic asset allocation is to:<\/p>\n

    \n
  1. Minimise volatility and more importantly, not lose money. Eliminating or reducing the impact of loss years is critical; and<\/li>\n
  2. Give you the opportunity to make money in almost any economic environment.<\/li>\n<\/ol>\n

    Therefore, it is wrong to conclude from my above commentary that you shouldn\u2019t invest in the Australian market. However, it might be wise to make adjustments to how you invest. Let me explain.<\/p>\n

    A long term asset allocation should be based on time-tested research and analysis. It should be long-term focused (i.e. a period of say 20 to 30 years). For example, we use Ray Dalio\u2019s \u2018All-weather\u2019<\/a> asset allocation as the foundation for developing an asset allocation for our clients. A strategic asset allocation is one where you make smallish adjustments and reweighting to your long term asset allocation to account for obvious macro-economic risks. For example, at the moment we are advising clients to not have any exposure to commodities. Also, currently, we are advising our clients to be underweight Australian market and overweight US and international. These two strategic and subtle changes are made for some of the reasons I have mentioned above. They are not made because we are trying to predict what the market will do \u2013 no one can do that consistently. Instead, we stick to our long term strategy and fine tune it along the way.<\/p>\n

    Do you need help?<\/em><\/strong><\/p>\n

    There are three things you need to do to maximise your super (excluding \u2018contribute more\u2019 of course) being:<\/p>\n

      \n
    1. reduce your fees to around 0.20% p.a. (click here to read a blog from last year<\/a>);<\/li>\n
    2. ensure your money is invested passively not actively (click here for another blog<\/a>); and<\/li>\n
    3. ensure you have a smart, well thought-out asset allocation.<\/li>\n<\/ol>\n

      It\u2019s not difficult or costly to optimise these three important things \u2013 in fact it\u2019s quite the reverse.<\/p>\n

      We advise lots of clients on where to invest their super. Firstly, we don\u2019t take any commissions whatsoever so our advice is conflict-free. In short, we don\u2019t care where your super is invested \u2013 as long as it\u2019s the best place for you (i.e. low-cost, passive and smart asset allocation).<\/p>\n

      Switching your super fund is surprisingly easy\u2026 it typically only takes a week to switch plus a quick email to your payroll department and you\u2019re done. Just to be clear, I\u2019m not talking about a Self-Managed Super Fund \u2013 they suit some people \u2013 but not nearly as many people that have them. There are often better, simpler and lower-cost alternatives.<\/p>\n

      If you need help with your super, do not hesitate to contact us<\/a>.<\/p>\n

       <\/p>\n

      \n

      [1]<\/a> The top 200 companies included in the S&P 500 index<\/p>\n

      [2]<\/a> Dow Jones U.S. Technology Index<\/p>\n ","protected":false},"excerpt":{"rendered":"

      How much of your super is invested in the Australian stock market? If it\u2019s more than 30% then please take 3 minutes to read this blog. Between 1995 and 2007,…<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"__cvm_playback_settings":[],"__cvm_video_id":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[30],"tags":[],"yoast_head":"\nIf more than 30% of your super is invested in the Aussie stock market your retirement could be compromised<\/title>\n<meta name=\"description\" content=\"If more than 30% of your super is invested in the Aussie stock market your retirement could be compromised\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"If more than 30% of your super is invested in the Aussie stock market your retirement could be compromised\" \/>\n<meta property=\"og:description\" content=\"If more than 30% of your super is invested in the Aussie stock market your retirement could be compromised\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wealthcoach.com.au\/stage\/if-more-than-30-of-your-super-is-invested-in-the-aussie-stock-market-your-retirement-could-be-compromised\/\" \/>\n<meta property=\"og:site_name\" content=\"Prosolution Private Clients\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ProSolutionPrivateClients\/\" \/>\n<meta property=\"article:published_time\" content=\"2016-06-01T06:27:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-03-08T07:17:20+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.prosolution.com.au\/wp-content\/uploads\/2016\/06\/rba-june16.jpg\" \/>\n<meta name=\"author\" content=\"Stuart Wemyss\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@StuartWemyss\" \/>\n<meta name=\"twitter:site\" content=\"@StuartWemyss\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Stuart Wemyss\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/if-more-than-30-of-your-super-is-invested-in-the-aussie-stock-market-your-retirement-could-be-compromised\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/if-more-than-30-of-your-super-is-invested-in-the-aussie-stock-market-your-retirement-could-be-compromised\/\"},\"author\":{\"name\":\"Stuart Wemyss\",\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/#\/schema\/person\/c3aa63480e5d77a56fbd3f70e41b9ce8\"},\"headline\":\"If more than 30% of your super is invested in the Aussie stock market your retirement could be compromised\",\"datePublished\":\"2016-06-01T06:27:20+00:00\",\"dateModified\":\"2018-03-08T07:17:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/if-more-than-30-of-your-super-is-invested-in-the-aussie-stock-market-your-retirement-could-be-compromised\/\"},\"wordCount\":1297,\"publisher\":{\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/#organization\"},\"articleSection\":[\"Financial Planning\"],\"inLanguage\":\"en-AU\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/if-more-than-30-of-your-super-is-invested-in-the-aussie-stock-market-your-retirement-could-be-compromised\/\",\"url\":\"https:\/\/wealthcoach.com.au\/stage\/if-more-than-30-of-your-super-is-invested-in-the-aussie-stock-market-your-retirement-could-be-compromised\/\",\"name\":\"If more than 30% of your super is invested in the Aussie stock market your retirement could be compromised\",\"isPartOf\":{\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/#website\"},\"datePublished\":\"2016-06-01T06:27:20+00:00\",\"dateModified\":\"2018-03-08T07:17:20+00:00\",\"description\":\"If more than 30% of your super is invested in the Aussie stock market your retirement could be compromised\",\"breadcrumb\":{\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/if-more-than-30-of-your-super-is-invested-in-the-aussie-stock-market-your-retirement-could-be-compromised\/#breadcrumb\"},\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wealthcoach.com.au\/stage\/if-more-than-30-of-your-super-is-invested-in-the-aussie-stock-market-your-retirement-could-be-compromised\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/if-more-than-30-of-your-super-is-invested-in-the-aussie-stock-market-your-retirement-could-be-compromised\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wealthcoach.com.au\/stage\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"If more than 30% of your super is invested in the Aussie stock market your retirement could be compromised\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/#website\",\"url\":\"https:\/\/wealthcoach.com.au\/stage\/\",\"name\":\"ProSolution Private Clients\",\"description\":\"Holistic Financial Services\",\"publisher\":{\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/#organization\"},\"alternateName\":\"ProSolution\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wealthcoach.com.au\/stage\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-AU\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/#organization\",\"name\":\"ProSolution Private Clients\",\"url\":\"https:\/\/wealthcoach.com.au\/stage\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/i0.wp.com\/www.prosolution.com.au\/wp-content\/uploads\/2016\/02\/ProSolution-logo-new-1-580x160-300x83.png?fit=300%2C83&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/www.prosolution.com.au\/wp-content\/uploads\/2016\/02\/ProSolution-logo-new-1-580x160-300x83.png?fit=300%2C83&ssl=1\",\"width\":300,\"height\":83,\"caption\":\"ProSolution Private Clients\"},\"image\":{\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/ProSolutionPrivateClients\/\",\"https:\/\/twitter.com\/StuartWemyss\",\"https:\/\/www.linkedin.com\/in\/stuartwemyss\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/#\/schema\/person\/c3aa63480e5d77a56fbd3f70e41b9ce8\",\"name\":\"Stuart Wemyss\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ae5c5d8e27329e215a9779262143f501?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ae5c5d8e27329e215a9779262143f501?s=96&d=mm&r=g\",\"caption\":\"Stuart Wemyss\"},\"sameAs\":[\"http:\/\/www.prosolution.com.au\"],\"url\":\"https:\/\/wealthcoach.com.au\/stage\/author\/swemyss\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"If more than 30% of your super is invested in the Aussie stock market your retirement could be compromised","description":"If more than 30% of your super is invested in the Aussie stock market your retirement could be compromised","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"If more than 30% of your super is invested in the Aussie stock market your retirement could be compromised","og_description":"If more than 30% of your super is invested in the Aussie stock market your retirement could be compromised","og_url":"https:\/\/wealthcoach.com.au\/stage\/if-more-than-30-of-your-super-is-invested-in-the-aussie-stock-market-your-retirement-could-be-compromised\/","og_site_name":"Prosolution Private Clients","article_publisher":"https:\/\/www.facebook.com\/ProSolutionPrivateClients\/","article_published_time":"2016-06-01T06:27:20+00:00","article_modified_time":"2018-03-08T07:17:20+00:00","og_image":[{"url":"http:\/\/www.prosolution.com.au\/wp-content\/uploads\/2016\/06\/rba-june16.jpg"}],"author":"Stuart Wemyss","twitter_card":"summary_large_image","twitter_creator":"@StuartWemyss","twitter_site":"@StuartWemyss","twitter_misc":{"Written by":"Stuart Wemyss","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/wealthcoach.com.au\/stage\/if-more-than-30-of-your-super-is-invested-in-the-aussie-stock-market-your-retirement-could-be-compromised\/#article","isPartOf":{"@id":"https:\/\/wealthcoach.com.au\/stage\/if-more-than-30-of-your-super-is-invested-in-the-aussie-stock-market-your-retirement-could-be-compromised\/"},"author":{"name":"Stuart Wemyss","@id":"https:\/\/wealthcoach.com.au\/stage\/#\/schema\/person\/c3aa63480e5d77a56fbd3f70e41b9ce8"},"headline":"If more than 30% of your super is invested in the Aussie stock market your retirement could be compromised","datePublished":"2016-06-01T06:27:20+00:00","dateModified":"2018-03-08T07:17:20+00:00","mainEntityOfPage":{"@id":"https:\/\/wealthcoach.com.au\/stage\/if-more-than-30-of-your-super-is-invested-in-the-aussie-stock-market-your-retirement-could-be-compromised\/"},"wordCount":1297,"publisher":{"@id":"https:\/\/wealthcoach.com.au\/stage\/#organization"},"articleSection":["Financial Planning"],"inLanguage":"en-AU"},{"@type":"WebPage","@id":"https:\/\/wealthcoach.com.au\/stage\/if-more-than-30-of-your-super-is-invested-in-the-aussie-stock-market-your-retirement-could-be-compromised\/","url":"https:\/\/wealthcoach.com.au\/stage\/if-more-than-30-of-your-super-is-invested-in-the-aussie-stock-market-your-retirement-could-be-compromised\/","name":"If more than 30% of your super is invested in the Aussie stock market your retirement could be compromised","isPartOf":{"@id":"https:\/\/wealthcoach.com.au\/stage\/#website"},"datePublished":"2016-06-01T06:27:20+00:00","dateModified":"2018-03-08T07:17:20+00:00","description":"If more than 30% of your super is invested in the Aussie stock market your retirement could be compromised","breadcrumb":{"@id":"https:\/\/wealthcoach.com.au\/stage\/if-more-than-30-of-your-super-is-invested-in-the-aussie-stock-market-your-retirement-could-be-compromised\/#breadcrumb"},"inLanguage":"en-AU","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wealthcoach.com.au\/stage\/if-more-than-30-of-your-super-is-invested-in-the-aussie-stock-market-your-retirement-could-be-compromised\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/wealthcoach.com.au\/stage\/if-more-than-30-of-your-super-is-invested-in-the-aussie-stock-market-your-retirement-could-be-compromised\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wealthcoach.com.au\/stage\/"},{"@type":"ListItem","position":2,"name":"If more than 30% of your super is invested in the Aussie stock market your retirement could be compromised"}]},{"@type":"WebSite","@id":"https:\/\/wealthcoach.com.au\/stage\/#website","url":"https:\/\/wealthcoach.com.au\/stage\/","name":"ProSolution Private Clients","description":"Holistic Financial Services","publisher":{"@id":"https:\/\/wealthcoach.com.au\/stage\/#organization"},"alternateName":"ProSolution","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wealthcoach.com.au\/stage\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-AU"},{"@type":"Organization","@id":"https:\/\/wealthcoach.com.au\/stage\/#organization","name":"ProSolution Private Clients","url":"https:\/\/wealthcoach.com.au\/stage\/","logo":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/wealthcoach.com.au\/stage\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/www.prosolution.com.au\/wp-content\/uploads\/2016\/02\/ProSolution-logo-new-1-580x160-300x83.png?fit=300%2C83&ssl=1","contentUrl":"https:\/\/i0.wp.com\/www.prosolution.com.au\/wp-content\/uploads\/2016\/02\/ProSolution-logo-new-1-580x160-300x83.png?fit=300%2C83&ssl=1","width":300,"height":83,"caption":"ProSolution Private Clients"},"image":{"@id":"https:\/\/wealthcoach.com.au\/stage\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ProSolutionPrivateClients\/","https:\/\/twitter.com\/StuartWemyss","https:\/\/www.linkedin.com\/in\/stuartwemyss\/"]},{"@type":"Person","@id":"https:\/\/wealthcoach.com.au\/stage\/#\/schema\/person\/c3aa63480e5d77a56fbd3f70e41b9ce8","name":"Stuart Wemyss","image":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/wealthcoach.com.au\/stage\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ae5c5d8e27329e215a9779262143f501?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ae5c5d8e27329e215a9779262143f501?s=96&d=mm&r=g","caption":"Stuart Wemyss"},"sameAs":["http:\/\/www.prosolution.com.au"],"url":"https:\/\/wealthcoach.com.au\/stage\/author\/swemyss\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p7FPzp-so","jetpack_likes_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/wealthcoach.com.au\/stage\/wp-json\/wp\/v2\/posts\/1760"}],"collection":[{"href":"https:\/\/wealthcoach.com.au\/stage\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wealthcoach.com.au\/stage\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wealthcoach.com.au\/stage\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/wealthcoach.com.au\/stage\/wp-json\/wp\/v2\/comments?post=1760"}],"version-history":[{"count":0,"href":"https:\/\/wealthcoach.com.au\/stage\/wp-json\/wp\/v2\/posts\/1760\/revisions"}],"wp:attachment":[{"href":"https:\/\/wealthcoach.com.au\/stage\/wp-json\/wp\/v2\/media?parent=1760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wealthcoach.com.au\/stage\/wp-json\/wp\/v2\/categories?post=1760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wealthcoach.com.au\/stage\/wp-json\/wp\/v2\/tags?post=1760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}