You don’t have to be wealthy to invest, but you do need to invest to become wealthy.
A sound investment strategy is not reserved just for older people with existing wealth. This is a common misconception, which is why we offer solid investment advice to people of all ages, helping them plan for their financial future.
Many people don’t invest because they don’t think they have enough. It is never too late to start investing and no amounts are too small. Long term investing of small amounts combined with good compound returns will successfully build wealth.
It is just as important for people of all ages and financial capacities to have a solid financial investment plan to help secure their financial future.
Everyone should work with an investment professional to develop a plan that is right for them and has been specifically tailored to their unique situation.
Our Investment Beliefs
We have several crucial investment beliefs to ensure your long-term financial security. All of these play an important role in how we are able to achieve your long-term financial goals.
It is best to make investment decisions once we have a clear picture of our financial goals.
In order to understand your goals, we need to know your current situation. From there we can work with you to develop goals to achieve the financial future you desire.
A way to start planning your financial goals is to ask yourself the following questions:
- Am I we saving for a deposit on a house?
- Am I building a nest-egg for retirement?
- Am I aiming to preserve the real value of our capital over my retirement?
- Do I want to maximise my retirement income?
Clearly articulated goals will give us focus required to make our investment decisions. Continuing to maintain these goals as your situation changes throughout your financial journey is crucial to your long-term financial plan.
Knowing the difference between speculating, investing and saving.
Speculating is NOT something that My Wealth Solutions advise on. Speculating is buying an asset in the hope that the value of the asset will increase. The timeframe of this could be anything from a couple of days to several years.
Saving is putting money aside for a finite time that will eventually be withdrawn and spent on a particular goal.
Investing is buying an asset to enjoy the income from that asset. Providing it is a good investment, the income will grow and the asset value will grow as well.
Our Investment Strategy
My Wealth Solutions has been offering investment advice in Brisbane and surrounding areas for a number of years, and our investment strategies are delivered according to our C.A.R.E. process.
- Core Investments (40%-100% portfolio depending on risk profile)
- Active Investment (0%-20% portfolio depending on risk profile)
- Reserves (Retirees 4 years worth of spending/Working Income Protection and Emergency Fund)
- Enhanced Returns (0% – 35% depending on risk profile)
Throughout our meetings, we will provide you further details about our C.A.R.E. investment process.
Over a long-term period shares will generally perform better than any other passive investment.
The trade-off is that they fluctuate in value. That is they can go down in the short term. This is perfectly normal and if you own shares they will go down in value from time to time. However, when held for the long run and if appropriately diversified, they will deliver outstanding returns.
Timing of the share market is largely a futile exercise.
No one can predict the short-term movements of the share market, although many will try.
To correctly time the market, you have to make 2 correct decisions – When to get out & when to get back in again.
It is hard enough to make one of these correctly, let alone 2 and let alone both decisions on a regular basis!
Long term buy and hold, for our Core Investments, long-term investments will deliver good returns to investors that make the timing of the markets unnecessary.
Market timing has costs (brokerage and taxes) and creates a short-term focus rather than the long-term achievement of our goals.
The Benefits of Our Process
- Consistent, easy and straightforward communication
- Uncomplicated understanding of WHY you hold every investment in your portfolio
- Confidence in your portfolio to deliver long-term returns to reach and maintain your retirement goals
- Avoiding the common mistakes when markets are at extreme highs or lows or periods of high volatility
Dollar Cost Averaging Strategy
For those with large amounts of cash to be invested, it can be less stressful to place these investments over a period of time. This means we will never invest our total lump sum at a market high but will rather receive an average over a period of time.
You will have quality professional management of your investments.
Professionals have more time, more resources, more education and more experience in selecting and managing investments.
A good investment will include a well-chosen professionally managed investment that fits your goals, your time frame and your risk profile. By enlisting the resources of a team of professionals to make the many and sometimes complicated decisions involved in investing you’ll have a far greater chance of financial success than if you did it yourself.
The following are just some of the decisions a professional will make in order to help you achieve your financial goals.
- What to buy?
- When to buy?
- How to value?
- When to sell?
These decisions are best made based on deep research, not whims, tips or hunches or half-baked attempts at research.
The Ongoing Process
We strive to stay ahead of investment trends to deliver the most accurate and sound investment strategies.
It is important to realise that as your portfolio grows your needs will change, and with this comes minor adjustments and modifications to your investment strategy.
We help you to grow and adapt your investment strategy as your wealth grows to ensure you are always on track to achieving your financial goals.
We also offer specialised investment strategies for business owners that address their specific needs not normally provided for in traditional investment strategies.
This specialised strategy will provide an intelligent financial roadmap for your business and personal portfolio and ensure long-term financial success.
Property Investment Strategies
Deciding on investing in property is one of the most common areas where we have helped clients. This is of course as part of the holistic approach we take with your investment portfolio and strategies. There are many things to consider when contemplating investing in property and more information can be found on our property investment strategy page.