 |
| The secrets to creating wealth |
| Create a savings plan and stick to it |
| Start early |
| Invest in growth assets |
| Consider the benefits of dollar cost averaging |
| Diversify |
| Consider gearing |
DiversifyAnother way to reduce risk is to diversify across different investments and different asset classes. Asset classes perform differently at different times and history has shown us that the best performer can change quickly from year to year. A diversified portfolio removes the risk of choosing the wrong asset class at the wrong time and helps smooth investment returns as top performing assets will help to offset poor performing ones. |