Let’s identify your investor risk profile.

There are a few different ways you can make investments that give your savings a boost or grow your wealth. The first place to start is to identify your risk profile. Investing is considered risky because there is uncertainty around how the investment will perform over the short and long term. The risk scale will determine whether you are more of a safe investor or an aggressive investor.

Once we have addressed your risk profile we can tailor your investment strategy to meet that risk. The most common types of investments are shares, managed funds, term deposits and property.

Shares

Shares also known as equities or stocks means you are buying a share or shares in that business. Most of the time these occur in publicly listed companies on the stock exchange.

Managed Funds

A managed fund means your money is pooled together with other investors. The fund manager then invests on your behalf. A managed fund can be an effective way to leverage the expertise and active management of a skilled fund manager.

Term Deposits

A term deposit is the safest way to invest your money and are available from your bank. The idea is that you lock money in for a period of time at a higher interest rate than a regular transaction account. There is usually a minimum deposit and penalties if you access the funds early. Once the fund matures it would automatically rollover into a new one, perhaps at a lower interest rate. So it’s up to you to look for a better deal beforehand.

Property

An investment property is something most of us have heard of. Buying and managing an investment property is quite costly. Additionally, if you have borrowed money for the property, whether the investment is positively or negatively geared. Negative gearing means the costs outweigh the income. Positive gearing means the opposite, you are receiving more income than the costs associated with the property.

Let’s put together an investment strategy

With your risk profile in mind we can help identify your ideal investment strategy. Making sure you understand the types of investments in your portfolio and your options. We will continually work with you and review your investments. The overall aim is to put you on the road toward achieving your financial goals.