6 Questions to find out if you are investment ready
Now that you have been introduced to the basics of investing you are probably curious about how you can make a start, but at the same time may be concerned about the risks. This is very natural, so we have prepared some simple questions to see if you are ready.
If you have a partner, it is a good idea to complete the questions together as many aspects of investing are based on personal preference so it is helpful to ensure you are on the same page.
Are you Investment Ready?
If you answered “no” to any of the questions don’t be disheartened, it simply means that there is additional preparation you need to complete before investing. Consider checking out some of the other information on F-empowered or other online tools such as www.moneysmart.gov.au for some tips.
If you answered “yes” to all of the questions you are well on your way to beginning your investment journey and can start to consider what the best way for you to invest is. In future posts we will introduce different types of investments and the pros and cons of each.