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Investing Tips for a New Financial Year in Australia

Investing Tips for a New Financial Year in Australia

Here are eight essential investing tips to help you make the most of the year ahead. 

1. Review and Realign Your Financial Goals 

As your life evolves, so too should your investment goals. Take time this financial year to revisit your priorities. Are you saving for a home deposit? Planning for a comfortable retirement? Supporting your children’s education? Maybe you’re aiming for financial independence. 

Whatever the case, make sure your investment portfolio reflects your objectives. If your goals are five or more years away, growth-oriented assets like equities and ETFs may be appropriate. If you’re approaching a significant milestone, you may wish to reduce risk and shift toward income-producing or lower-volatility…

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