A snowball’s chance at wealth

Warren Buffett famously said ‘someone is sitting in the shade today because someone planted a tree a long time ago’ and Whitney Houston once sang, “I believe that children are the future.”  I personally believe that the truth is somewhere in between.

 

That’s why we’ve kicked off a the Snowball programme that allows young people to begin investing in their future without the usual barriers to entry that seem to discourage our bravest demographic – cost and the availability of sound advice. “While we’re young” is another great quote and could be applied to getting your investment journey started. Here’s how.

 

The details

We have created a cost effective investment option that allows young people to talk to a financial planner and start a regular savings plan with a diversified investment option.

For as little as $2000 to get started and regular contributions as small as $100/month, you could be on your way to securing your financial future.  There’s also a low fee ongoing of 0.99% of funds under management ($499 set up fee) and for that, we welcome young investors new to building future wealth to the Snowball programme.  Our investment newbies will be:

  • Guided by a personalised financial plan
  • Advised by a qualified accredited financial planner
  • Updated annually on the performance of their portfolio
  • Kept in the loop with 24/7 online access to view investments

 

And here’s the cheat code

Compound interest.  Compound interest is one of the best friends a young investor could have.  Thanks to compound interest a seemingly insignificant bump in your contributions of say, $5/day can mean an additional $214,000 over 30years.  Start at 20 years old and that makes for a very sweet 50th birthday present.  Thank you compound interest.

Actually, let’s go with what Warren Buffett said: why not plant the tree today by giving me a call on 0418 375 387.

Zac Masters headshot

Zac Masters
Financial Planner @ Pekada

Disclaimer: The information provided on this website is general in nature and does not constitute advice. You need to consider with your financial situation and your particular needs prior to making any strategy or products decision. Pekada will endeavour to update the website as needed. However, information can change without notice and Pekada does not guarantee the accuracy of information on the website, including information provided by third parties, at any particular time Unless otherwise specified, copyright or information provided on this website is owned by Charter Financial Planning. You may not alter or modify this information in any way, including the removal of this copyright notice.

Wealth Collective trading as Pekada (ABN 95 624 612 684), corporate authorised representative (CAR), number 1263725, is authorised to provide financial services on behalf of Communitas Wealth Pty Ltd.

The information provided on this website is general in nature and does not constitute advice. You need to consider with your financial situation and your particular needs prior to making any strategy or products decision. Pekada will endeavour to update the website as needed. However, information can change without notice and Pekada does not guarantee the accuracy of information on the website, including information provided by third parties, at any particular time Unless otherwise specified, copyright or information provided on this website is owned by Communitas. You may not alter or modify this information in any way, including the removal of this copyright notice.