Micro-investing and using low-fee funds

Many Australians are struggling with the cost of living and focusing on present expenses, putting their future financial outcomes on the backburner.

Being able to continually invest over long time periods allows your savings to compound and grow. However, it is difficult to be able to afford the minimum investments for many investment products in the market.

There are some managed funds that require $500,000 initial investments. When you’re investing in listed equities (stocks and ETFs), there isn’t a minimum investment to do so, but brokerage is prohibitive for making small, additional investments. It wouldn’t make much sense for an investor to invest $50 in a share and pay a $5 brokerage fee. You’ve already lost 10% of your…

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