REV UP YOUR RETURNS

For home buyers who are willing to take on a bit of extra risk to build a larger home deposit the approach, in my opinion, is the same. To rev up your returns buy a broad range of ETFs that represent different assets (Australian shares, global shares, bonds etc) but weight your asset allocation more towards shares and less towards defensive assets such as bonds.

Shares have a higher growth potential but higher risk. Keep in mind that you need to accept a higher level of ups and downs along the way and should be investing for at least seven years to give yourself the best chance of success.