Before you invest it's a good idea to be clear on how you might approach investing: how should you hold your assets to protect yourself and your family; what investments do you need to focus on at your stage of life and do you understand the investment jargon?
Before you purchase any asset it is important to consider the types of investment structures available and which one might be right for your assets.
A short article from Argyle Lawyers on why you might choose a discretionary trust to hold your investment assets.
A detailed paper from Cooper Grace Ward lawyers on common investing structures and the need to balance tax and risk issues when deciding which structure to choose.
An excellent article from Don Ezra on the financial stages in our lives and how our psychology changes as we move from one stage to another.
Well worth the read!
If you would like to read more of Don's work check out his planning for retirement blog.
Life and money are linked and during the different stages of your life you will need to focus on different financial tasks. Explore the following links to read more on what you should focus on and when.
Your financial checklist for every stage of life
What should I be thinking about
Goals and your stage of life
Australian Shareholders' Association
Australian Stock Exchange
A comprehensive financial dictionary with over 13000 terms!