If you’re a rookie investor, you’re in the right place. Here are the basics so you can start putting together an investment plan. We’ve also taken the mystery out of how and where you can invest – and provided a five-step plan to get you on the way to achieving your dreams.
How to start investing: different ways your money can work for you
Investing can be a great way to grow your wealth and build for the future. It’s also easier than ever to dip your toes into the market, but before you try your hand at investing it’s important to understand the different investment options you can choose from.
Buying shares is simply buying into a business in the hope of sharing in its future success. While shares are classed as a growth asset and therefore carry a higher level of risk, becoming a share investor can be an easy way to grow your savings over the long term – even if you only start small.
Avanteos Investments Limited ABN 20 096 259 979, AFSL 245531 (AIL) is the trustee of the Colonial First State FirstChoice Superannuation Trust ABN 26 458 298 557 and issuer of FirstChoice range of super and pension products. Colonial First State Investments Limited ABN 98 002 348 352, AFSL 232468 (CFSIL) is the responsible entity and issuer of products made available under FirstChoice Investments and FirstChoice Wholesale Investments.
Information on this webpage is provided by AIL and CFSIL. It may include general advice but does not consider your individual objectives, financial situation, needs or tax circumstances. You can find the target market determinations (TMD) for our financial products at https://www.cfs.com.au/tmd which include a description of who a financial product might suit. You should read the relevant Product Disclosure Statement (PDS) and Financial Services Guide (FSG) carefully, assess whether the information is appropriate for you, and consider talking to a financial adviser before making an investment decision. You can get the PDS and FSG at www.cfs.com.au or by calling us on 13 13 36.