Gold Coast Conservative Financial Planning

Conservative financial planning is not trying to be your own fund manager. In a Managed Equity (shares) Trust there are investments in 30 – 50 or more top companies. For that fund to become worthless all 30 - 50 or more companies would have to go bankrupt at the same time.

Trying your beginner’s luck by selecting your own share portfolio is not conservative. You may well finish up Centrelink dependent or worse.

Conservative financial planning is to use investments that will create the capital required in the financial plan. The best financial plan is useless if the investments do not perform to requirement. Using cash and fixed interest (such as mortgages) is not conservative, it is worse than silly if investment targets are not achievable because of the low and fully taxable returns.