Our tips on how to accumulate $1m in savings for a worry-free retirement again monopolised the attention of Morningstar readers along with our overview of the state of the global economy and a selection of five yield stocks worth considering. 

Investing basics: Make $1m before retirement

Australians have long been told that having $1 million in savings is needed for a worry-free retirement. But for a lot of people, that sounds like a Herculean task.

The global economy in five charts

The IMF expects the world economy to grow by 3.9 per cent this year and next, despite rising oil prices and trade tariffs. The stand-out success of the past quarter is the US economy, which has grown strongly over the three months.  

5 yield stocks worth considering

These companies spanning the automotive and financial services sectors are tipped to deliver solid dividend yields over at least the next two years. 

Results wrap: QBE, Downer EDI, Invocare, OZ Minerals

Insurer QBE and mid-tier miner OZ Minerals have reported a boost in profits, while mining services company Downer EDI and funeral services provider Invocare have posted losses. 

Telstra profit down 8pc as costs and competition grow

Telstra's (ASX: TLS) full-year profit has dropped 8.4 per cent to $3.56 billion, as the telco giant faces increasing competition and is hurt by the further rollout of NBN.

Record dividend from BHP despite 37pc profit loss

Mining giant BHP Billiton (ASX: BHP) has reported US$3.7 billion full-year year net profits, down 37 per cent on 2017, due to US$5.2 billion of impairments and charges.

Month in review: Morningstar Income Investing Guide

Ever dreamt of sipping cocktails on the beach while your passive income works its magic? We show you how.

Falling short: Aussies underestimate the cost of retirement

Australians are underestimating by up to 20 per cent the amount of money they'll need in retirement, according to a new survey from global investment manager Schroders. 

Origin faces downside surprise despite strong result

Origin (ASX: ORG) posted $838 million in underlying net profits after tax for the financial year ending 30 June, doubling its 2017 result, but still undercut Morningstar's expectations.

Elon Musk tweet could be an attack on short-sellers

Electric car company Tesla CEO, Elon Musk, has tweeted possible plans to remove the company from public ownership, in what Morningstar suggests could be a direct dig at short-sellers.

   

More from Morningstar

• Global Market Report - 27 August

• More interference on the Fed's long road to normalisation

• Make better investment decisions with Morningstar Premium | Free 4-week trial

 

Lex Hall is a Morningstar content editor, based in Sydney.

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