INVESTING STRATEGY
5 year investment strategy
What’s a good investment for a 5yr period
Elizabeth Fritzlaff.
12 February 2023
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3 Comments
almost 2 years ago
Hi Elizabeth.
Unfortunately, no-one here can tell you what a good investment will be over the next 5 years. It’s simply not predictable like that – the market itself and our investment options have no guarantee of paying off over a 5 year timeframe, even though that’s a reasonable length of time.
What I would say is have a look through the most popular options among Pearler’s investor and get some ideas to research from there: https://pearler.com/explore/invest/au-shares
An article here on researching investments if you’re interested: https://pearler.com/explore/learn/blog/how-do...
Also, for people with a timeframe of 5 years or less, the share market might not be the right place to be. It can be a volatile beast, so a high interest savings account can often be a more prudent place for shorter term goals. Shares are more in line with longer term goals, and when people have the ability to ride through the ups and downs rather than a defined end-point to pull the money out.
Hope that’s useful, and all the best.
Dave
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ReplyVinit
PEARLER
over 1 year ago
Totally Agree with Ben and Dave here its Hard to predict, The best approach is to start and re-assess at the 5th year and whether you still wish to continue. As a lot can change within the 5 years too.
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