Table of contents
The little things that can make a big difference in your investing [infographic] - featured image
By Michael Yardney
A A A

The little things that can make a big difference in your investing [infographic]

With investing, as in most areas of our lives, it's the little things that can make a big difference.

And this is clearly shown in the infographic below from Motif Investing.

They recommend 4 investment strategies to grow your wealth faster:

  1. Spend less than you earn and save the difference - and they give an example, if the money going towards a $4 latte each day was invested, it would amount to $25,994 in 10 years or $440,198 idea save coin lin 40 years.
  2. Start saving early so you can benefit from the power of compounding.
  3. Diversify - don't put all your eggs in the one basket
  4. Watch your investment expenses -these can eat away at the bottom line. Keep in mind that the investment industry is designed around taking a portion off of each dollar spent, and that this money helps employ millions of people around the world. These fees, commissions, and other extras certainly add up.

investment-strategies-to-grow-wealth

Source: Motif Investing

About Michael Yardney Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and one of Australia's 50 most influential Thought Leaders. His opinions are regularly featured in the media.
2 comments

Diversification is for those who don't know what they are doing. Laser-like focus with a proven strategy is the way to success.

1 reply

Guides

Copyright © 2024 Michael Yardney’s Property Investment Update Important Information
Content Marketing by GridConcepts