Actually it is very simple… time + high returns = wealth accumulation
The earlier you start to invest, the better it is (think about your children).
The second most important factor is the return on your investment.
Unfortunately, the information is so confusing that if you use managed funds, you probably don’t really know what the real rate of return on your investment is. The way the industry advertises performance is completely wrong and does not reflect the true investment return you get. You may be thinking that your money is safe with AMP, MCL, AXA and the likes but think about it: the real rate of return you get is probably not far from 5% pa in the long run (if you are lucky: most fund managers underperform the market).
You could also look after your investment by yourself but this requires experience and knowledge and also a lot of dedication, which depending on your situation may not be the best way to enjoy life after a hard working career.
This is where Hypatia Finance can help:
Hypatia Finance specialises in giving advice on market timing and direct equities investing following a very sound and robust investment methodology which I have personally designed.
There is information on this blog about the Hypatia investment methodology but feel free to contact me if you have any questions.