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Change in financial goals

Investing strategy

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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Liz Griffin

Asked on 20 January 2023

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