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Need help on the platform?

Browse this space to Ask and Discuss about the platform or just investing in general! The Pearler Exchange is a space where investors (you!) can share your questions, ideas and experiences. None of the information posted in Ask is financial advice, it is only for entertainment and educational purposes. As always, before making financial decisions, please seek professional advice

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Change in financial goals

20 January 2023

Hi pearlers, I started using pearler when my goal was for long term investing to create financial freedom when I retire. I was single at this point and had decided getting in the housing market was out of my reach. I am now in a serious relationship and my financial goal has changed to saving for a house deposit. My question is: Is investing in ETFs over 5 years worth it to build wealth for a deposit or am I better of using a term deposit? I’ve read that really you have to contribute for over 10 years to really start seeing your wealth grow. Please be kind! I am very new to this and was never taught financial literacy. Thanks xx

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