Young clients can’t afford to be conservative
For many young Australians, breaking into the world of investing during a time where global volatility seems to only be getting more unpredictable might seem unachievable and conservative, tried and tested investment strategies, might seem the most appealing.
However, appearing on the ifa Show Podcast, Omura Wealth Advisers director Terry Vogiatzis highlighted that, in this world of instability, conservative investment might only get one so far.
“Doing nothing or sticking to the status quo will probably leave you OK, but the question younger clients should ask is: could it be better? The opportunity cost of being conservative for too long is massive,” Vogiatzis stated.
“Young clients often don’t realise the…
