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INVESTING STRATEGY

Micro investing

I am an investor newbie and was wondering if I should leave my micro investment with Raiz or would it be a better idea to invest that money into ETF’s?

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Dechen Choden.

25 April 2024

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Dave Gow - Strong Money Australia

INVESTOR

6 months ago

Hi Dechen.

Depending on how much is in there and the fees associated, there’s nothing wrong with leaving it as is, while you start building a separate ETF portfolio (as it sounds like that’s what you’re planning to do?)

Then at a later date once you’re happy with your strategy you could always consider moving that money across. In the meantime, any money that is invested elsewhere should still be earning returns.

Hope that helps.
Dave

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