Whilst this will generate a profit, unfortunately this may not be nearly enough to provide a steady source of income growth and financial protection as you enter into retirement. If you really want your money to work for you, investing it should be considered in one or more of the varied investment options available.
Even if you have some financial experience, the world of investments can be complicated to navigate. You're not just sorting out the hundreds of available investment avenues themselves; you're also diving into the ever-evolving intricacies of taxation and superannuation legislation.
A financial plan already considers your circumstances, your needs, and your goals, and accommodates how these will likely change over time. When wealth creation through investing is considered as a part of a broader financial plan, greater results can be achieved and your exposure to risk can be minimised.
Good, sound advice requires experience and understanding of your financial needs and objectives; no matter what stage of life you're in. Virtue & Partners can tailor a comprehensive investment solution from a range of options including property investment, listed shares and fixed interest securities, managed funds, year end tax planning, actively managed model portfolios, term deposits, bonds, and more.