Money mir­a­cles to fol­low

Money Magazine Australia - - CONTENTS -

I’m a 34-year-old un­mar­ried woman with­out chil­dren. I've been rea­son­ably fi­nan­cially re­spon­si­ble so far in life. (Mi­nus a few years when I dis­cov­ered the de­light of de­signer hand­bags and, ul­ti­mately, the zero in­vest­ment value they pro­vide!)

I pur­chased my house at 27. It is oc­cu­pied by ten­ants, with a mort­gage of $350,000. I started vol­un­tary con­tri­bu­tions to my su­per when I got my first full-time job and have a cur­rent bal­ance of $115,000. I also have a small share port­fo­lio of $30,000.

I earn a mod­est salary of $68,000.

I’m not quite sure what the fu­ture holds for me but don’t see chil­dren in my im­me­di­ate fu­ture.

Where should I be in­vest­ing my money for fu­ture wealth cre­ation? Should I con­tinue adding to my share port­fo­lio or look for other op­por­tu­ni­ties?

Emily

Emily owns a prop­erty and is now in­ter­ested in shares.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.