This is exciting! We have a heap of cool stuff to help with this coming shortly (stay tuned)... so I am going to keep this short and brief (for once!) and give you three things to mull over this weekend before you get started!

Set Clear Goals: Figure out why you're investing. Are you aiming to boost your rainy day savings, build a deposit for a house, or just grow wealth for the long term? Knowing what you intend to use the investment for will help you pick the right fund for that goal.

Lean into learning: Many people think it's all too hard to start investing. It’s not. But you do need to take the time to learn about different investment options so you can pick the one that feels best for you. Be it buying direct shares, Managed Funds ETFs or Investment Bonds— each has pros and cons to weigh up. And if you aren’t going to engage a Financial Adviser to get personal advice on this (which generally comes with a price tag north of $8,000 for your first year of advice) then I would recommend a money program like ours to learn and stay accountable, get listening to podcasts, reading books and asking others that they are doing and why. Investing for your long-term dreams is an exciting prospect, so learning about how each option may help you get there shouldn’t be seen as a drag or something you want to keep putting off. It should be something you start focusing on right now.

Start Small and Diversify: Luckily for you my friend, the investment world has changed a lot since I started out in 2006, when you needed a very large amount of cash to get invested. Now you can start with a tiny amount and go from there. Make sure your cashflow plan is concrete, then you can start with an amount you're comfortable and dollar cost average into diversified investments (which helps spread the risk).

Investing is a (sometimes wild) journey. It's okay to start small and learn as you go.

The worst thing you can do is think you are ‘too busy’ or ‘not smart enough’ to get started. You are more capable than you realise and you will never regret starting if you have got the basics under your belt.

Good luck!

Have a money dilemma?

Money dilemmas can be a nightmare! They can leave you up all night ruminating about what to do, have you feeling alone and isolated or just plain ol' stuck. So, we are here to help. I am going to tackle one a week and give you my unbiased, no BS general thoughts on how to tackle your conundrum. We would love for you to send yours (or someone you know) in. 

Obvs all of this is general advice only... especially important to note any and all of the comments above do not take into account your objectives, financial situation or needs. Before acting on any information, you should consider the appropriateness of the information provided and the nature of the relevant financial product having regard to your objectives, financial situation and needs.