Investing is a long-term game, and making informed decisions today can set you up for financial success in the future. While tracking your portfolio daily is tempting, our Geelong financial advisors at LBW recommend a smarter, more sustainable approach. Here are three essential portfolio investment tips to help you grow and protect your wealth over time.
Think long-term (and stay the course)
Markets naturally rise and fall due to economic conditions, global events, and investor sentiment. While short-term fluctuations can feel unsettling, history shows that Australia’s economy and investments tend to recover and grow over time. Instead of reacting to daily price movements, a solid, long-term investment strategy keeps your portfolio on track. Our Geelong financial advisors help you create investment plans that last, ensuring your money is working for you well into the future.
Harness the power of compounding returns
One of the biggest advantages of long-term investing is the power of compounding. For example, during the 2020 COVID-19 market crash, stocks fell more than 30% in around 6 weeks—but those who remained invested saw their portfolios bounce back (and even grow for some). Staying invested through market ups and downs allows your wealth to accumulate over time, which is why our financial advisors focus on smart, steady investment strategies.
Avoid emotional investing
Making quick investment decisions based on short-term market movements can lead to costly mistakes. Whether your investment portfolio has stocks, property, or superannuation, sticking to an investment plan works best. Moreover, diversifying your investments spreads risk while creating opportunities. Because of this, our Geelong financial advisors at LBW help you build a tailored investment plan to achieve your financial goals
Professional investing advice from a Geelong financial advisor
Investing doesn’t have to be overwhelming. With the right strategy and expert financial advice, you can confidently manage your investment portfolio and achieve long-term financial success. Our Geelong financial advisors provide tailored financial advice, strategic planning, and ongoing support to help you grow your wealth.
For professional investment advice, contact LBW today at (03) 5221 6111 or visit www.lbwca.com.au.
This blog provides general educational information only. The content does not take into account your personal objectives, financial situation or needs. You should consider taking financial advice tailored to your personal circumstances.
LBW Business + Wealth Advisors is an Authorised Representative of LBW Wealth Pty Ltd ABN 56 652 382 128 AFSL 534569. Please see our website www.lbwca.com.au or call 03 5221 6111 for more information on our available services.
