Happy New Financial Year. Creating a Wealth Mindset for the Year Ahead!
Investing and wealth creation is as much about your mindset as your financial position. Money and its management can evoke many emotions in people and in the video below we explore how you can best prepare yourself for success when navigating the share market.
In this video you will learn:
The Biggest regret for investors
The importance of the time factor and the power of compounding
How a “wealth mindset” can be broken down into a “savings mindset”
The principles of "save first and spend what’s left" vs "spend first and save what’s left"
The 118-year Australian share annual market average that proves share market investing works
Why diversification is key
How to keep costs to a minimum