Would-be investor is keen to get started
I’m 27 years old and work full time, earning $83,000 (gross) and salary sacrificing 5.5% into my super. I have $64,000 in super, $22,000 in a personal savings account and $3000 in a joint account. Not yet being a homeowner, I am enticed by the idea of investing through a long-term plan. Do I continue to salary sacrifice into super, or use this additional money to a) invest or b) continue to save for a 20% house deposit? I have heard of exchange traded funds but am wondering how best to start a share portfolio.
Savings dilemma... Justine could salary sacrifice more or invest outside super.