Great advice can be a top investment
Many Australians hold investments but have you ever stopped to wonder if your portfolio is really working in your favour? Professional advice takes the guesswork out of investing.
When it comes to building financial security, few things are more effective than growing a portfolio of investments.
It’s not just about tucking money into a savings account. Successful investing goes much further.
It involves developing a carefully considered portfolio of assets, each handpicked to suit your views on risk, helping you achieve your long term goals and work towards building financial independence.
A world of assets to choose from
Australia is fortunate to have a well-regulated financial sector, so you can invest with confidence.
However, it is still critical to pick quality investments from the options available. Your Mortgage Choice Financial Adviser can help you grow a diverse portfolio of investments.
Getting the mix right
To be sure we have the right mix of investments for you, we first invest time getting to understand your needs, your goals, how you feel about risk and your need for income versus capital growth.
It means you will be on track to become a successful investor, growing wealth for the future and achieving your goals today – and tomorrow.
Personal goals form the framework of a portfolio
With a vast range of investments to choose from it’s essential to select those assets that will help you achieve personal goals. So, a sensible starting point is thinking about your needs and aspirations. Remember to divide your goals across short, medium and long term aspirations - different investments are better suited to particular timeframes.
How do you feel about risk?
High returns go hand in hand with greater risk, and having an understanding of the level of volatility you’re comfortable with should be a key factor in your choice of investments.
Diversification offers the best of both worlds
A quality portfolio will hold a mix of investments spread across cash, shares and property, both here and overseas.
Diversifying this way creates the potential to earn healthy returns without being over-exposed to a downturn in any one type of investment.
Growth versus income
You can further diversify across ‘growth assets’ like shares, which provide long term capital growth, and ‘income assets’ such as term deposits or fixed interest, that deliver regular income. The trick is to find the appropriate balance between the two, depending on your individual needs, and this is where your adviser can help.
Asset allocation matters
The way your portfolio is diversified across growth and income investments is referred to as ‘asset allocation’, and it won’t be the same for any two investors.
Your portfolio should be as individual as you are, reflecting your tolerance for risk, the investment timeframe and what you hope to achieve by investing.
It is also important to keep in touch with your adviser to ensure your portfolio is reviewed over time as your needs change.
Investment advice eliminates guesswork
Getting the most from your money means investing in such a way that your needs are met without keeping you awake at night worrying about risk.
Rather than leaving it all to chance, professional investment advice can help you avoid costly mistakes.