Build and grow your wealth
Investing in shares or managed funds can be very daunting for the inexperienced and there are many stories of people getting extremely rich or extremely poor from buying and selling shares. You can start with as little as $1,500 and build your wealth significantly throughout your professional career. You will be surprised how quickly your investments can grow over a short period of time.
Start small and compound. You don’t need a lot of money to start building your wealth, the key is to get started. Great plans are of no use if they are not implemented. Furthermore, if you reinvest the earnings this will help you grow your investment in the future.
Investing regularly is the essential ingredient to slow and steady growth. A small regular contribution every month will mean you buy more when the prices are down and less when the prices rise. This means you can average the price you pay for your investments and potentially profit from a fluctuating market.
The hare or the tortoise? A balanced and steady approach beats picking winners and taking high risks. As markets fluctuate, a balanced and diversified portfolio will allow you to enjoy the up trends in the market whilst protecting the value of your investments during the downturns.
Where to next?
Talk to one of our Financial Advisers who can assist you to grow your wealth by customising a wealth creation strategy that meets your financial goals.