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It's time to take the step-up from simple saving to serious investing. To help you, here's some advice to read today, which will help you own tomorrow.
The first steps involve good old fashioned budgeting, knowing more about the keys to good investing, the questions you should be asking to help you understand your investment style, goals and the range of ways and strategies that aim to help you get there. You'll need to know basic tax issues and when you can take the money.
What you need to know
Any advice in this document is general in nature and is provided by AMP Life Limited ABN 84 079 300 379 (AMP Life). The advice does not take into account your personal objectives, financial situation or needs. Therefore, before acting on this advice, you should consider the appropriateness of this advice having regard to those matters and consider the Product Disclosure Statement before making a decision about the product.
AMP Life is part of the AMP Group and can be contacted on 1300 157 173 or amp.com.au/enquiry. If you decide to purchase or vary a financial product, AMP Life and/or other companies within the AMP Group will receive fees and other benefits, which will be a dollar amount or a percentage of either the premium you pay or the value of your investments. You can ask us for more details