How do I build my wealth?
Investing your money is an effective way to build your wealth. However, investing is intrinsically linked to taking risk. In fact, investment risk is defined as the chance you will either lose or make money on an investment. As all investments come with varying degrees of risk, it is important to recognise your appetite for risk and build a portfolio that suits your risk tolerance so you can sleep at night. There are several factors that measure risk tolerance.
Risk and return
Each asset class has individual characteristics and carries a different level of risk and return to suit a range of investor types.
What type of investor are you?
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Bridges Financial Services Pty Limited (Bridges). ABN 60 003 474 977. ASX participant. AFSL 240837. Part of the IOOF group.
This is general advice only and has been prepared without taking into account your particular objectives, financial situation and needs. Before making an investment decision based on this information, you should assess your own circumstances or consult a financial planner. In referring customers to Bridges, Sydney Mutual Bank does not accept liability or responsibility for any act or omission or advice provided by Bridges or its authorised representatives. Sydney Mutual Bank and Endeavour Mutual Bank are divisions of Australian Mutual Bank Ltd.
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