Get the fundamentals right
Wealth is created by following a few simple principles. They are time-tested and common-sense:
- Own your own home.
- Protect your family and financial situation.
- Spend less than you earn.
- Invest the difference in good quality growth assets.
- Own an investment grade investment property.
- Manage your borrowings smartly.
- Use smart superannuation strategies to accelerate wealth and save tax.
- Build a professionally managed and diversified share portfolio.