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3 Factors which determine your investment strategy

ABOUT THIS ARTICLE

Reaching your financial goals is not just about saving money; it is about investing your savings to help grow your nest egg. Where you invest your money can help speed up the process of saving because the capital gains on your savings can help you to reach your savings goals earlier. There are three factors which determine where you should invest your savings. This I discuss in further detail.

The information here is of the opinion of the writer and does not constitute financial advice. If you require financial advice see your bank manager or other qualified professional.

3 Factors which determine your investment strategy

You may be wondering what is the right investment strategy for you, but without knowing anything abut you, any advice on which investments are right for you may in fact be the wrong ones. There are basically three factors that determine which are the right investments for you, they are:

  1. Your age
  2. Purpose for the money
  3. Your risk profile

Starting with your age. It would be rather silly of you to invest all your money in growth funds if you are aged 65 because if the market takes a dive such as was the case during the 1987 share market crash and to a lesser extent, the GFC during the early 2000s you have less time to recover from these setbacks whereas the young ones have time on their side. 

Then decide whether you require the money in the short term, medium term, or long term.

Short term would up to a year.

Medium term is 1-5 years

Long term is longer than five years

Short term expenses would be, a bank account for emergencies, a holiday within a year, dental expenses, or t pay for the kids schooling for a year.

Medium term would be savings for a car.

Long term would be your retirement fund, saving for a house deposit, or saving for the trip of a lifetime.

Your risk profile is a determining factor in where you invest your money. If the thought of the share market taking a dive will give you sleepless nights then investing growth stocks in the share market is not for you. A better option would be managed funds where you will be given a choice between growth, balanced, and conservative funds.

It is important not to get into debt for there is a cost to debt and that is interest. Interest adds to the cost of goods bought with borrowed money, and this adds up to a fortune during a lifetime of borrowing for consumables. This is called bad debt because the value of the item declines over time.

There is such a thing as good debt though and this is your first home because the value of the property increases during the lifetime of the loan but even this is not always a good option for some people if you live a kind of transient lifestyle. 

“Everyone is to their own,” so only you know what makes you tick, so your personal circumstances are the determining factors which govern where best to invest your savings.

You must do your homework before you invest in anything, whether that is the share market, managed funds, or gold. There is so much information available on just about everything, and that includes finance. It is just a matter of learning the ropes and having a financial strategy which suits your personal circumstances.

www.robertastewart.com

ABOUT THIS ARTICLE

Most people are able to save money but having goals and selecting the right investments for your savings can help increase your assets and enable you to reach your goal faster. For finance related articles, visit: www.robertastewart.com

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Share market falls on the back of Trump Tariffs

Markets tumble

Written by R. A. Stewart

The markets have taken a tumble after President Trump’s tariffs have started a trade war.

The newspapers have reported that Kiwisaver balance will be affected on this. This is stating the obvious. Kiwisaver balances may have dropped, but a lot of people are decades away from retirement so how the markets are performing in 2025 is not going to affect how much they have in kiwisaver when they retire in 2035 and beyond.

It all boils down to selecting the right fund for your risk profile. Money invested falls into one of three categories. Short-term money, medium term money, or long-term money depending on when you are going to be needing that money.

Other factors which come into it are your age, health, and commitments.

The share market goes up and down and the recent (March 2025) tumble is mainly due to the tariffs which President Trump has imposed on goods from certain countries, namely steel. 

Losses are only on paper, but investors who react to recent events and change to conservative funds will lock in those losses and miss out on the gains when the markets rebound. 

The United States will have a new President in four years time, and it certainly will not be Donald Trump in charge then so the markets will certainly bounce back then, if it had not prior to that.

Changing to conservative funds is not the only way to lose during a market slump. The others are to stop contributing to your retirement fund or if you are already retired, make withdrawals from kiwisaver.

With everything being said, it is not the current market slump which will determine how much your retirement portfolio is worth when you retire but how you react to market volatility and that is all down to the choices you make. 

Here is a list of choices which will affect your kiwisaver balance when you retire:

  1. Changing from a growth or balanced fund to a conservative fund.
  2. Stop contributing to your retirement fund.
  3. Withdraw money from your kiwisaver.
  4. Chopping and changing from one type of fund to another.

No one is going to reach the retirement age and regret that they made contributions to their retirement fund. Ask yourself this question, “Will my future self thank me for investing my money instead of wasting it?”

Your retirement fund can only be accessed when you reach the retirement age, therefore you need an alternative source of funds to cover any future financial needs. There are lots of online investing platforms available where you can invest a minimal sum of money regularly and still have easy access to your funds. If you are from New Zealand or Australia, sharesies is a good option for you. This gives you easy access to the share market.  Check out Sharesies Here

About this article

The opinions expressed in this article are of the writer’s own opinion and may not be applicable to your personal circumstances, therefore discretion is advised. 

Disclaimer: I may receive a small commission if you join sharesies.

You may use this article in full or part as content for your blog or ebook. Check out my other articles on www.robertastewart.com

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How to buy Bitcoin

How to buy Bitcoin

Written by R. A. Stewart

The decision to purchase Bitcoin is a decision which should be made after careful consideration with the main one being, “Can I afford to lose this money?”

Buying Bitcoin is speculation rather than investing. It is a bet that the price will increase in the future, therefore, money used for the purchase of Bitcoin or other cryptocurrency should be money which you can fully afford to lose.

The first thing you will need is to register for a bitcoin exchange. The ones I use are Coinbase, Blockchain, and Kraken. There are a lot of others such as Etoro, Swyftx. It is best to do your research to find one which suits you.

Etoro has a minimum transaction of $1,000 which is too much. I prefer to drip feed my money into these things. The problem with putting a lump sum into Bitcoin is that the price may be high when you buy your bitcoin and then it drops and your original investment is worth a lot less; if you are drip feeding your money into Bitcoin then you will at least have purchased Bitcoin at the lower price if it drops in value.

It is important to point out that Bitcoin is volatile, therefore, you only invest what you can afford to lose.

The signing up process is simple. You need a username and password. You also need some form of ID to upload, this is either a driver’s license or a passport. Then you will be asked some questions, one will be “What is the source of your funds?”

Once you have completed the sign up process you are set to go. You will be asked to type in your card details. This should be a debit card rather than a credit card so that the money which is on your card is your own. Never purchase cryptocurrency on credit because the crunch always comes when it is time to pay it back and there is always the possibility that your Bitcoin balance if it drops significantly will be less the size of your debt.

It is about being responsible with your money.

Two factor signing in

When you sign in the Blockchain you will be sent an email to authorise the signing in. Coinbase will send you a text with a sign in code while Kraken is similar to Blockchain where you will be sent an email. 

It is important to stress that you should use a different email for your cryptocurrency from your normal banking. This is because scammers will try to trick you into giving you your personal information and you cannot always be sure whether the email you receive from your cryptocurrency exchange is really from them or a scammer, therefore type in the URL address of the website rather than clicking on a link.

Unfortunately there are so many different ways of losing money when buying cryptocurrency and being scammed is one of them. It is imperative that you exercise common sense and don’t believe everything that you are told about making money on bitcoin. This form of investing has such a short history that its future cannot be forecast with any degree of certainty. Best advice is to never invest money on bitcoin which you cannot afford to lose.

About this article

The information here is of the writer’s own opinion and experience and may not be applicable to your personal circumstances therefore discretion is advised. You may use this article as content for your blog/website or ebook.

Read my other articles on www.robertastewart.com

The Bitcoin’s Investor’s Handbook explains everything about Bitcoin.

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Difference between good debt and bad debt

Good Debt and Bad Debt 

Written by R. A. Stewart

Do you know the difference between good debt and bad debt? One needs to be used with caution while the other is to be avoided like the plague.

First the basics.

When you are borrowing money you are paying for the use of that money and that is called interest. This adds to the cost of what the money is used for. Therefore, it is important that you save and use your own money if at all possible.

There are some things which it may not be possible to use your own money such as a student loan or a mortgage because these are major investments, however, most people will contribute a portion of the money needed such as a house deposit.

Good Debt

Listed below are things which are considered to be good debt:

A Student loan

Mortgage

An investment with a higher expected return

Good debt helps to build your wealth.

Listed below are things which are considered to be bad debt:

Bad debt

Vehicle

Household appliances

Veterinarian bills

Travel

Consumables

The reason why these are bad debts is because you end up with little or nothing for your money.

Bad debt does not contribute to your financial well-being, it is detrimental to it.

It is important to know the difference between an asset and a liability. An asset increases your wealth while a liability reduces it.

How to manage debt levels

Pay off debt as fast as possible

Avoid paying high interest rates for consumable items

Stay within your budget

If you don’t have the money you don’t buy it.

Build an emergency fund; this would be a separate bank account from your every day personal account. An emergency fund will ensure that you have money on hand for anything unexpected which crops up.

People with debt do not have any discretionary spending money. These people will probably disagree, but honestly; going on an overseas holiday when one owes money to someone is irresponsible and selfish. It is like giving the middle finger to your creditors.

One should avoid credit cards like the plague. These are for greedy and selfish people. A good money manager will not own a credit card, because to them, “debt” is a dirty word.

Learn to live within your means and to stay within your budget. Prosperity is a matter of choice. If you don’t have any plan for increasing your wealth then you choose not to be wealthy. I do know of many people like this who purchase a lottery ticket every week and that is their only hope of becoming wealthy.

Do not envy those who drive around in a fancy car and live in an expensive house. For all you know these people could be up to their eyeballs in debt. Just live according to your own means and let others do the same. 

To summarise

Good debt is when you borrow for an asset which has a payoff which makes it worthwhile paying the interest for the loan. Bad debt is when you borrow for something which has no lasting value.

About this article

You may use this article as content for your blog/website or ebook. The contents of the article may not be applicable to your personal circumstances, therefore discretion is advised.

Check out my other articles on www.robertastewart.com

 

“Retire with Little Money” is your guide to achieving financial freedom, even if you don’t have a large retirement fund. This practical ebook reveals creative strategies and smart budgeting tips to help you retire comfortably on a modest income. Learn how to cut unnecessary expenses, boost your savings with side gigs, and make the most of the resources available to you. With easy-to-follow advice and real-life examples, this book shows you how to build a sustainable retirement plan without relying on a hefty nest egg. Start planning today, and discover how you can retire sooner than you think!

 

https://robertalan.gumroad.com/l/sdzvl

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Are Solar Panels a good investment?

Are Solar Panels a good investment?

Written by R. A. Stewart

It all depends on what you value and whether you expect to benefit from it because there are factors which promoters of solar panels have not considered.

It has been said that solar panels will pay for themselves in over 7 years..

This may be fine for someone young who has time on their side, but is it worthwhile for a retired person to install solar panels? I don’t think so. A person aged 65 will be 72 before the system has paid for itself and a lot of people will not make it to that age. Another factor to consider is that a lot of marriages do not even last 7 years which means that a couple will not get any benefit from the money they have spent.

Most homeowners do not have the money required to be able to install solar panels and, therefore, borrow money for this. This is bad practice in my book and should not be encouraged. 

Going into debt in order to save money in bad money management. It is called, “Dumb Debt.”

The interest payments will cancel out the savings from solar. 

Politicians who encourage this need to have their heads examined. The New Zealand Green Party put forth a scheme where people are able to get loans to install solar panels. This is the same political party which champions the rights of the poor.

Another factor which has not been considered is the amount of income which could have been generated from a sum of money if it were invested in managed funds or your retirement scheme instead. This is never talked about.

Personally, I believe that homeowners are better off investing that money instead in something such as kiwisaver or a similar type of scheme if you are not from New Zealand.

Another question which homeowners should ask is, “Will solar panels increase the value of my home?

There is no evidence that it will. Who on earth buys a home just because it has solar panels on it?

Installing solar panels can cost between 8 and 30 grand depending on its features. It is not known if this is just for the cost of the panels or whether labour is included.

Installing solar panels may or may not be a good idea for the young ones, but for the older generation it is hard to see any justification for it since they have less time to recoup their outlay in savings.

It is important for retired folk to discuss it all with younger members of their family and to not let any salesman talk them into signing across the dotted line.

About this article: The opinions expressed in this article may not be applicable to your personal circumstances, and therefore discretion is advised. You may use this article as content for your blog/website, or ebook.

Www.robertastewart.com

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 Reasons why people remain Poor

 

Written by R. A. Stewart

People don’t just become prosperous for no reason, unless of course they win the lottery and for every person like that there are millions who didn’t win the lottery and go back to their mediocre lives until the next draw.

Here are the main reasons why people remain poor.

  1. Unwillingness to change

People tolerate their financial situation because they are more comfortable with it. They are unwilling to change anything in their life for fear that it will interfere with the routine which they have become accustomed to. Not doing anything about one’s financial situation despite the facts is just plain laziness. It shows a lack of ambition and there is no hope for people like that.

  1. Lack of Financial literacy

Lack of financial literacy is a major cause of financial struggles. This is an easy hurdle to overcome because there are lots of books on personal finance available you can read and you do not have to spend a lot of money to purchase such books. Your local library will have plenty of books on the subject. Frances Cook, Mary Holm, and Martin Hawes are New Zealand authors who have published excellent books on personal finance.

  1. They don’t join kiwisaver

Kiwisaver is the New Zealand retirement scheme. It is a scheme with several incentives such as the $520 per annum top up from the government. Not making any plans for your retirement years will almost guarantee that you will spend these years in poverty. “If you fail to plan, you plan to fail” is a saying which is worth remembering. Responsible people will sign up for a retirement plan of some kind. If you have dependents it is your responsibility to make sure you don’t leave them up the creek if something happens to you so don’t use that argument of, “I may not make it to 65.”

  1. They spend everything

Poor people spend everything they make and do not give any thought to tomorrow. Whether you like it or not, tomorrow always comes. People like this have no vision for the future. They can never see any further than next week’s pay day. If an unexpected bill arrives such as a car breakdown they borrow the money which means that the interest they owe on the borrowed money pushes up the cost of the repairs. It is the same when one of their kids needs a pair of new spectacles. People such as this always have money to spend on lottery tickets or alcohol but the really important things in life take a back seat. Some people would rather spend money on cigarettes than wholesome food for their kids.

  1. They don’t invest

Not investing is a sure fire way to stay poor because inflation erodes the purchasing power of your money if you just leave it in an ordinary savings account. Investing your money in managed funds increases your wealth and your financial literacy. 

  1. Wrong friends

Associating with people who are financially illiterate is another reason why some people remain poor. The poverty mindset of the group will infect you sooner or later. Some of the stupid comments made by some of these people regarding personal finance are not worth listening to. 

  1. Wrong choices

Making wrong choices is at the heart of the reason why most people are poor. It is not just choices in terms of personal finance such as joining KiwiSaver and investing which keep people poor but life choices such as having kids when not in a good financial position and living beyond their means. What you do with your discretionary spending money is a choice. Becoming financially sorted requires vision. Some of life’s most expensive items will arrive at some stage and the person with vision will prepare for these.

About this article

The subject matter is of the writer’s own experience and opinion and may not be applicable to your personal circumstances, therefore discretion is advised. You may use the article as content for your website/blog or ebook. Read my other articles on www.robertastewart.com

“Retire with Little Money” is your guide to achieving financial freedom, even if you don’t have a large retirement fund. This practical ebook reveals creative strategies and smart budgeting tips to help you retire comfortably on a modest income. Learn how to cut unnecessary expenses, boost your savings with side gigs, and make the most of the resources available to you. With easy-to-follow advice and real-life examples, this book shows you how to build a sustainable retirement plan without relying on a hefty nest egg. Start planning today, and discover how you can retire sooner than you think!

 

https://robertalan.gumroad.com/l/sdzvl

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The cost of financial gifting

The cost of financial gifting

Written  by R. A. Stewart

Most parents want to help their children any way they can. It is the natural thing to do but there can be a high cost to this if your generosity is at the expense of your own needs and wants.

Here are some of the most common ways family’s make gifts.

House deposit

The New Zealand consumer magazine says that on average, parents gave $108,000 in 2022 to their children for house deposits. 62% of parents used their own savings. 

That money taken out of their own retirement savings will have a big impact on how much they will have when they retire. 

What parents need to consider is how much that money they are going to give to their children would be worth if they invested it in the markets. I am no mathematician but even so, know that this is an enormous amount of money that they are sacrificing. 

Some options need to be considered and one is guaranteeing the loan. If your son or daughter is able to take out the loan and parents guarantee the loan then this may be better. The parents still have their capital producing an income while at the same time their children are paying off the mortgage.

Early inheritance

It is good to leave an inheritance to your kids but not if they are just going to fritter it away and have nothing to show for it years later. After all, you were diligent enough to save and invest your money; if your kids have no interest in financial management then you are better off enjoying that money yourself or leaving it to a worthy cause. Another option is to have the money deposited into their kiwisaver so that they at least have the money when they reach the retirement age of 65. If your grown up children have learned to be responsible with their money then they will have their own kiwisaver account.

Getting your kids out of debt

Some parents will rescue their kids from debt time and again. It all depends on the circumstances of the debt. If your children have made a habit of getting into debt without learning how to manage without using credit then it is time for them to get budgeting advice. If it is you who have to make the sacrifices then it is time to put your foot down. 

Lending for businesses

Some folk approach mum and dad for loans to fund their business. If you lend money to your kids you are missing out on the capital gain that you would have had if that money was invested in the markets. It is also worth keeping in mind that most businesses fail within five years so that money could be gone in no time.

Lending for a wedding

The average cost of a wedding in New Zealand is around $30,000. It is a huge amount when you consider that most marriages don’t last the distance. If you stumped up the cash to pay for your child’s wedding, that $30,000 that you could have invested in your own retirement fund will mean that there will be a lot less money when you retire.

Educational loans

In New Zealand student loans are interest-free, so it just does not make sense to pay off your children’s educational loans when that same money could be invested and grown. Is it any wonder that student loan debts total over 2b in New Zealand. In 2021 there were over 14,000 kiwis who owed over $80,000. 

About this article

The information here is of the writer’s own opinion and may not be applicable to your personal circumstances, therefore, discretion is advised.

You may use this article as content for your website/blog or ebook.

Read my other articles on www.robertastewart.com

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The Saving Habit

Make Saving a Habit

If there is one financial habit which will get you ahead it is this one…

Saving!

Why you must develop the savings habit

It is not how big your pay packet is, what counts is what you do with the money. Irrespective of your financial situation, it makes economic sense to save a portion of your income regularly. the mains reasons for saving are;

1-For unexpected emergencies such as car expenses, the washing machine breaking down, or dental bills.

2-To put aside money for your retirement.

3-Holidays or wedding expenses.

4-study expenses

5-Home repairs.

6-To save for a deposit for a home.

7-Saving for a car

8-Saving for a business

Consequences of not having any savings

If you do not have any savings of your own then if an unexpected emergency crops up such as the car breaking down then you may have to borrow the money to pay for repairs and every time you borrow money, the interest you pay means that you are always paying a higher price for goods and services bought with borrowed money than someone who always pays in cash.

Saving money requires you to live within your means and to live modestly. Good savers will not purchase items brand new when they can find the same item in a charity shop at a fraction of the price. 

Your choices will make or break you

Every time you make a choice there will be consequences, good or bad. The key is to make enough good choices to succeed and to minimize your bad choices. It is important to keep your eyes and ears open to what is happening around you and listen to wise people who have succeeded in their chosen field. Having said that, you must row your own boat and discover your own calling in life.

Joining your country’s retirement scheme.

Many countries around the world have their own retirement savings scheme where a portion of your gross income is invested in that country’s retirement fund and your money cannot be withdrawn until you reach retirement age which varies between different countries. (In New Zealand it is currently 65)

Accumulate investments.

It is a good idea to not only have a retirement fund but invest in various areas to increase your financial knowledge. The share market, managed trusts, and fixed term investments are all well worth getting into.

Don’t place all your eggs in one basket

Don’t under any circumstances place all of your eggs in one basket. There is no guarantee that a particular company will not go under irrespective of how solid it appears. After all, if a company is in trouble, its directors are hardly going to shout it out from the rooftops are they? During the economic downturn around 2008, many people lost a lot of money in failed finance companies and the tragedy was that many of these folk invested their entire life savings into the one company. In other words they placed all of their eggs into one basket. The number one rule is to spread your risk. Divide your money among several different companies. That way you stand a far better chance of protecting your financial assets.

About this article

You may use this article as content for your blog/website or ebook. This article is of the writer’s own experience and may not be applicable to your personal circumstances.

Www.robertastewart.com

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Goals Need to be Specific

The Art of Setting goals

Written by R. A. Stewart

Setting goals does not have to involve money on its own. If you set goals based on money then your life is out of balance. It is important to decide what is important to you and is the vehicle to helping you to achieve those aims. In short, money should not be your number one aim. 

If you accept a job with a higher pay then you had better weigh up everything that the job involves such as the hours of work, the commute to the job, and responsibilities that come with the job and then decide whether it is worth all of the hassle.

It all depends on your personal circumstances and preferences. There is no size that fits everyone when it comes to goal setting. There is no such thing as “should” even though there are people who think others should do this or do that.

Personal goals are something which are personal to you. Here are some examples of personal goals:

Learning to swim

Learning a new language (specify)

Learning to drive

Learning to use the coffee machine

Learning to salsa dance

Reading the Bible from cover to cover

Meeting your favourite sports player

joining a sports club (specify)

The most important factor in determining your personal goals is your passions. The other factor is your talents. These two are often linked. Whatever most interests you is often where your talents lie but that does not mean that you cannot learn anything new. Most skills and talents are transferable. 

We often see international sports people using the skills which enabled them to reach the elite level in their chosen sport to help them succeed in their chosen career after they have retired. Many have prepared themselves for life after sport by studying to gain a degree during their playing days.

It pays to have a number of strings to your bow as a backup. 

You have to specify what your goal is otherwise it just becomes a wish and anyone can make a wish but it is taking action which will turn a dream into reality.

If you went to your travel agent and asked for a plane ticket they are unable to help you unless you were specific and told them your proposed destination.

Examples of vague goals which are non specific are:

To lose weight

To get fit

To be happy

To save money

The problem with vague goals is that there is no way of knowing when you have achieved your goal. Goals need to be specific and timed. A goal of “To deposit at least a grand into my retirement fund by June 30th, 2023 is a specific and timed goal. You have either achieved your goal or not.

A get fit goal may be “To be able to run a 5k fun run by 31 December 2023.” This is another example of a specific goal which has been timed.

Giving your goals a timeline will give you more motivation. Just telling yourself that one day or some day I will do such and such is not a goal; it is a wish and there is a big difference between wishing for something and being serious about achieving it.

Life needs to be in balance and it is important to consider your personal talents and preferences. Many people have achieved extraordinary success in their chosen field and despite not setting out to make money have accumulated a great sum of money doing something they enjoyed. 

The key here is to not make money your number one goal in life.

www.robertastewart.com

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How Seniors Can Make Their Money Work in Retirement

Financial Freedom After 60: The Best Investment Options for Seniors

Written by R. A. Stewart

 

Your age is a crucial factor in establishing your savings and investing strategy. Your 20s, 30s, 40s, and 50s are your savings years. It is these years when you build up your assets. 

Your 60s and 70s can be considered your spending years. It is when you tick off items on your bucket list while you are able to.

That does not mean that you do not have to work, a lot of older people are taking this option, not because they cannot make ends meet on their pension, but because they enjoy what they are doing.

In New Zealand, retirees will have access to their kiwisaver account once they reach the age of 65. Money invested in kiwisaver will be in growth, balanced, or conservative funds. Most people during their working life opt for growth or balanced funds.

It is time to decide whether to stay with the status quo or invest in more conservative funds. 

Your age and your health are the two most important factors in deciding which fund to invest your money in. 

Older people do not have time on their side to overcome financial setbacks such share market falls and so forth, therefore if you are 60+ it is a good idea to lean toward more conservative investments but still retain some exposure to risk.

It is worth mentioning at this point that New Zealand financial advisor and writer Frances Cook has a formula for calculating how much exposure you should have based on your age, and it is this…

Subtract your age from 100.

If for example you are aged 60 then only 40% of your portfolio should be invested in the share market.

I do not necessarily agree with this formula and my exposure to the share market is more than her formula suggests I have.

However, that is a personal choice; one that I do not necessarily recommend to you because your circumstances will be different as they are for different people.

If you are connected to the internet and you have a lot of spare cash in your account then I suggest that you place most of your money into an account that is not connected to internet banking. This is to reduce your chances of becoming a victim of internet scammers. 

With internet banking being the norm, this could be difficult in the future though.

In any case I still believe that it will pay to arrange your finances so that if you fall victim to a scammer then not all of your money will be lost. 

Don’t leave all of your money in the one account for goodness sake as some victims of scammers have.

If you are traveling then make sure you don’t have access to your life savings because if you do then so will be a scammer if they manage to get hold of your login details. What I am trying to say is you should leave your entire life savings in an account which you use to do your daily spending. Keep it in a separate account from the account you do your day to day banking. The 

Scammers have all kinds of ways to trick people into handing over their login details.

Anyone can be a victim so don’t be proud by saying “I am not that stupid.”

As you get older you will have to invest more conservatively; that does not necessarily mean transferring from growth to conservative funds but investing some of your current savings into low risk accounts. The deciding factor is your timeline. How soon you need the money and funds which are going to be used within 12 months are best invested conservatively.

 

www.robertastewart.com

 

ABOUT THIS ARTICLE

This article is of the opinion of the writer and may not be applicable to your personal circumstances. Feel free to share this article. You may also use this article for your website/blog or as content for your ebook.