Helping you succeed in life's financial journey
How to make a good investment: Why work with an investment adviser?
Making a good investment requires specialist knowledge and a bit of forward thinking.
> Don’t know your income generating assets from your growth assets?
> Or think you know how much you need for your retirement, but aren’t sure how much to rely on returns over time?
We are in your corner. As investment advisers, we can help you put in place an investment plan that will suit your budget and needs. We don’t just explain the fundamentals of investing; we work with you to help you achieve your investment goals.
So here’s how to make a good investment, and how Cole Murray’s Wealth Generation team can make a difference.
Take the time to understand your goals
We work with you to design an investment plan that matches your needs, and your timeline.
Think about what you are investing for and what kind of timeline you're working with: how accessible do you need your cash to be?
When it comes to short-term goals (e.g. less than five years), the money you invest needs to be quickly accessible and protected from market volatility, while investment solutions like KiwiSaver are locked in and designed to yield long-term returns.
Understand your ‘risk tolerance’
Time isn't the only key factor. It's also important to know how you feel about returns and potential losses to your investment – in other words, your 'risk tolerance.'
By helping you understand what your risk tolerance is, we can tailor an investment solution that will help you sleep at night rather than worry about what will be left after the next Bitcoin crash.
Ensure all your eggs aren't placed in one basket
We can diversify our clients' investments in four different ways. Once we have a good understanding of your risk tolerance and situation, we construct a portfolio that will give you exposure to all the major assets classes:
- fixed interest
These assets are also spread geographically to take advantage of opportunities not available in New Zealand markets. As a non-aligned adviser one of the big benefits we offer is also being able to construct our portfolios using a number of different providers. Providers have different management styles including both actively and passively managed investments, so we can offer a variety of ways to take care of your nest egg.
We always stay on top of what's happening in the market, so you don't have to; it's our job to keep you informed and let you know how your investments are performing.
Also, we like to review your investment plan on a regular basis, so you can see how your returns are tracking. This is an opportunity to discuss any potential changes that might be necessary – particularly if your circumstances or the market outlook have changed.
For example, where your portfolio has had significant returns in one sector, this may need to be 'rebalanced' to ensure it remains diversified...
Ready to make that good investment? It starts with a simple chat.
Cole Murray’s investment advisers work with you to help you understand your investment approach, and the investment solutions that are best-suited to your needs. Remember: choosing how to make the most of your hard-earned money is important, and something that can be achieved through sound financial advice and robust investment strategies.
Get in touch to organise a no-obligation 30 minute chat with an Investment Adviser today.
You might also be interested in these articles:
- Leaving the nest - helping young adults navigate their financial world
- 3 signs you need an investment adviser
An Adviser Disclosure Statement is available free and upon request.