Skip to main content

Super Woman Money

  • Search
Content page

What are some ways I can invest for a reasonable return outside of super?

Q. “I want to invest for a reasonable return (outside my super fund). What are some ways I could invest for myself? For example: Should I find a stockbroker I can trust, become  part of a property investment syndicate with likeminded trustworthy people, or …..?”  Janet

 

Answer

Hi Janet,

Firstly I would like to congratulate you for seeking out advice and wanting to start your investment journey. There are a number of options available to you, however the most important starting point is to determine what your goal is (why/what are you investing for) and how much money you have available to make regular investments. This will help you establish what rate of return you need and how long you are investing for, which will play a part in deciding what are the best assets to invest in.

Without knowing this right now, we can start by looking at shares as a great way to get exposure to long-term capital growth and good income. A good stockbroker can certainly add considerable value and I definitely think it’s smart to seek advice from either a recommended stockbroker or a financial adviser. Unfortunately for clients with smaller portfolios, the costs associated with utilising a stockbroker can make it not worthwhile.

A great option to consider is utilising a Separate Managed Account (SMA). This is a direct share portfolio that you have underlying ownership of, but it’s managed by a team of professional investment specialist. The great thing about this is that you can make regular small contributions each month without occurring large transaction costs.

With any investments it is always important that you understand them and that the actual investment is as transparent as possible.

Best of luck!

Author: Sarah Riegelhuth

Sarah is co-founder of Wealth Enhancers and League of Extraordinary Women, author of Get Rich Slow, blogger, speaker.

Disclaimer: Please note this article is of a general nature and should be used for informational and educational interest purposes only. Please seek professional advice before making any decisions in relation to your own personal circumstances.

Q. “I want to invest for a reasonable return (outside my super fund). What are some ways I could invest for myself? For example: Should I find a stockbroker I can trust, become  part of a property investment syndicate with likeminded trustworthy people, or …..?”  Janet

 

Answer

Hi Janet,

Firstly I would like to congratulate you for seeking out advice and wanting to start your investment journey. There are a number of options available to you, however the most important starting point is to determine what your goal is (why/what are you investing for) and how much money you have available to make regular investments. This will help you establish what rate of return you need and how long you are investing for, which will play a part in deciding what are the best assets to invest in.

Without knowing this right now, we can start by looking at shares as a great way to get exposure to long-term capital growth and good income. A good stockbroker can certainly add considerable value and I definitely think it’s smart to seek advice from either a recommended stockbroker or a financial adviser. Unfortunately for clients with smaller portfolios, the costs associated with utilising a stockbroker can make it not worthwhile.

A great option to consider is utilising a Separate Managed Account (SMA). This is a direct share portfolio that you have underlying ownership of, but it’s managed by a team of professional investment specialist. The great thing about this is that you can make regular small contributions each month without occurring large transaction costs.

With any investments it is always important that you understand them and that the actual investment is as transparent as possible.

Best of luck!

Author: Sarah Riegelhuth

Sarah is co-founder of Wealth Enhancers and League of Extraordinary Women, author of Get Rich Slow, blogger, speaker.

Disclaimer: Please note this article is of a general nature and should be used for informational and educational interest purposes only. Please seek professional advice before making any decisions in relation to your own personal circumstances.