Whether you are an experienced investor or a beginner, there are plenty of steps you can take to grow your money and keep it safe. This section of the website guides you through the basic principles of investing and how to find a good financial adviser. We also identify some investing danger signs.
After you have the basics, we look more deeply at the most common types of investments used by Australians – shares, managed funds and property.
The first stage on your journey to investing wisely involves doing some advance thinking:
- Know your goals and risk tolerance – your goals, timing and your appetite for risk will determine your choice of investment
- Understand risk and return – risk is the chance an investment won’t give you the outcomes you hope for
Buying a property to rent out is a popular form of investment. Houses and units are easier to understand than many other types of investments, yet they do have some issues you need to be aware of.
Before you enter the property market, check if this type of long-term investment suits you.
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