DISCUSS THE RISKS YOU'RE WILLING TO TAKE 

Avoid investments advertised as 'no risk'. All investments have risks. To weigh up the risks you could live with, work through these issues with your adviser:

  • What you need to live on?
  • What you can afford to save - a budget will help here? Also see our online budget planner
  • What you must put aside for major purchases and emergencies?
  • How secure is your job, business or current investments?
  • What can you afford to lose without it affecting your lifestyle?
  • Your investment goals: are they short or long term?
  • Your age, health and retirement plans.
  • Your tax liabilities.
  • Your personality and your ability to sleep easily at night - some investors are born gamblers, while others won't consider anything riskier than an online savings account.

Questions to ask your financial planner
Be aware that investments can lose money
Video
Industry Snapshot
Click here to download the presentation Watch video
Dealer group launches transition support service
13 December 2019, 12:28pm
A privately-owned licensee is launching a support service to assist advice firms in transitioning to an individual AFSL and has appointed a national practice consultant to lead the initiative. Read more
Link to something 6GwADWpk