For those of you who have made the decision to stop living from pay cheque to pay cheque, or are facing a less than stellar Superannuation fund payout in years to come and are considering getting into investment, a word of warning. While it’s great that you want to take control of your future (well as much as we can control), if you haven’t sat down and defined your investment strategy you may end up just throwing your hard earned cash away.
So what is an investment strategy and why do you need one? Well settle back and I’ll tell you our story of investment, what I found when investigating different options for investment and how we developed our investment strategy. Perhaps you might find inspiration to start your journey.