Definition: The action or process of investing money for profit
In it’s simplest definition, one of the biggest investments you may ever have, that is apart from your home and yourself (ability to earn an income), is your superannuation. As you know, every time you get paid, 9.5% of your income is invested into your superannuation. This is the big part of the advice we provide our clients as this forms part of the future retirement conversation.
But there is more to investment than just superannuation.
To give you an idea, there are approximately 11,000 different managed fund investments in Australia, not counting for direct shares or direct property.
Any conversation with regards to investments also eventuates in a conversation about tax. This too we can advise and design for you. However, this is a whole other conversation.
So, what is the best option when talking about investments? This is where a conversation with us may be the best starting point?
So, when is the best time to invest?
Let's have a coffee and a chat...
as this is the first step at Elementary Financial. We'd love to get to know you, then we can talk about what we need to do...