Where to start
When you’re looking to invest it can be tempting to start choosing funds right away – after all, the sooner you invest the sooner you benefit. In order to maximise that benefit, however, you should first invest some time in preparing a four-step strategy:
- Think about your attitude to risk – how do you feel about the potential for your investment to lose as well as gain value? How long are you willing to invest for? What other investments or income do you have as a safety net?
- Plan a spread of investments – which can help to spread the risk. Think about different assets and styles of investment you’d like to invest in, and how much you’d like to assign to each.
- Select your funds – only at this stage consider your fund choices. Use our fund analysis and portfolio tools to help select your funds or contact us for more information about how we can help with this.
- Keep monitoring – make sure you remain invested in the best performing funds, and react to changes in your circumstances by taking advantage of our free fund review and monitoring service.
As you can see above, the next step is "risk" - understanding what level of risk you are comfortable with, and the level of risk in different types of funds. In our view it is vital that you work on this. If you don't, we know from experience that you are setting yourself up for a rude shock at some point.
Please work your way through the "risk" sections in the menu to the left.
If you’ve already got investments, and have a thorough understanding of risk, why not check:
Last but not least do sign-up to receive regular updates using the form to the right, which also gives you access to premium content on this web site.
How else can we help?
- Reviewing and monitoring your funds – nominate Dennehy Weller as your fund advisor and we’ll review your existing funds, advising you which are duds and where your investments could be performing better – and we’ll keep checking them for you.
- Tailored advice – on risk, spreading your investment and the best performing funds.
- Maximum discounts – benefit from discounted terms on funds highlighted in our research – and many others.