Wealth Creation and Capital Preservation
Thanks to the miracle of compound
interest and the wide range of opportunities available today,
anyone can be a successful investor if they make the right
choices.
It explains why $1000 invested at a rate of 8% pa
after tax can grow to $47,000 over 50 years. No wonder Albert
Einstein described compound interest as one of the greatest
human discoveries.
| But there
are important choices to make before you start. |
| ~ |
What
do you want to achieve? |
| ~ |
What's your timeframe? |
| ~ |
Are your goals long-term,
like retirement; or more immediate, like home renovation
or a holiday? |
These choices help determine the investments
to consider, the risk you might take and whether strategies
like gearing (borrowing to invest) suit you.
For example, shares are suited to
longer-term investors. What allocation to shares would match
your goals? How will you decide? And what about property?
Again it depends on your needs. Property markets follow
cycles with significant booms and the occasional bust. Should
you consider property or other investments?
Determining the right balance of investments
is not easy. An ipac financial adviser
can help you understand the options, avoid costly mistakes,
preserve your capital and make smart choices.
Make
an enquiry or see an adviser
now, or call us at 6511 7336.
