From Pearler: we do our best to share general resources so you can do your own research. When it comes to tax, this is personal to your investing and financial position. We are not a tax adviser, and don't have any information about your personal situation. When investing, there may be tax implications and you should get advice from a licensed tax adviser.
There’s always a reason NOT to invest…
Interest rates too high 🤯
Groceries too expensive 🤯
That big event coming up soon 🤯
Don’t earn enough 🤯
Aussies are struggling to keep up today, more than any time in recent years.
But here’s the thing, NOBODY EVER GOT RICH FROM NOT INVESTING
Downturns make millionaires.
If you want to come through this period of disruption in a stronger position than you went into it, you need to find a way to take ACTION.
With so many people sitting on the sidelines of investment markets, jumping in now will deliver some benefits today – but will generate MASSIVE upside in the years to come.
If you wait until things go back to "normal" (whatever that means), before you know it you’ll have missed the boat, and then things will be even worse as you’re starting behind AND battling everyone else scrambling to invest based on FOMO.
But figuring out the best next step for you often isn’t easy, so we’re here to help. Firstly, you can check out our video on how to build a $1 million investment portfolio. Long story short, you don't need as much as you might think, BUT it will cost you more if you delay. Investing for half the time means you need to invest four times as much.
How to build a $1 million investment portfolio
We've also covered the practical hacks investors can use to pay less tax. For these, check out our video on minimising your tax bill while investing.
How to cut your tax bill while investing
Finally, we’ve created a free quiz to identify quick money wins. It’s backed up with a guide that walks you through where to get started, and only takes a few minutes.
Have a question about your investing goals? Feel free to reach out to us at Pivot Wealth!
Happy investing,
Ben
Disclaimer: The information contained in this article is general in nature and does not take into account your personal objectives, financial situation or needs. Therefore, you should consider whether the information is appropriate to your circumstances before acting on it, and where appropriate, seek professional advice from a finance professional.
All figures and data in this article were accurate at the time it was published. That said, financial markets, economic conditions and government policies can change quickly, so it's a good idea to double-check the latest info before making any decisions.