Investing: Where to Begin

Investing: Where to Start When You’re Not Sure Where to Begin

Sometimes, I find myself asking, Am I overexplaining or underexplaining? It’s a delicate balance, especially when discussing something as broad and personal as investing.

Just this week, while recording my podcast, I wasn’t even sure where to start. After all, you’re all at different stages of your happy money journey. Some of you might be just keeping your head above water this silly season, and if that’s you—this might be a topic to revisit when life feels calmer. For others, you might already be seasoned investors, in which case, this could be the perfect thing to share with a friend who’s just starting out.

No matter where you are, I want you to remember something important: it’s a journey.

Money is fluid. It’s not static, and it’s not a one-size-fits-all tool. It’s a resource that’s there for your ultimate benefit, and just like any journey, there will be smooth patches and rocky roads.

If You’re Just Starting Out

Investing can feel overwhelming when you’re new to it, but the key is to start small and build confidence. Here are some baby steps:

1. Look at your super: You are already an investor with super, so have  alook at your investment within super
2. Learn the Basics: Again look at super - its a great tax strategy and you might be able to use the three year rule to add to your super...check out the ATO website to see how that impacts you! 
3. Start with Micro-Investing Apps: Platforms like Raiz or Spaceship can help you dip your toes in the water with small amounts.

The best part? You don’t have to know everything to start. You just have to take that first step.

If You’re Somewhere in the Middle

You’ve already made the leap into investing, but maybe you’re wondering, What’s next?

1. Diversify: If all your investments are in one type of asset—like property or a single stock—consider spreading them out to reduce risk.
2. Reassess Your Goals: Are you investing for a home deposit, retirement, or financial independence? Adjust your strategy to match your goals.
3. Stay Educated: The world of investing evolves, so keep learning through books, podcasts (like mine!), or courses.

If You’re a Seasoned Investor

For those of you who have been investing for years, this might be the time to give back. Consider mentoring someone just starting out or sharing resources that helped you along the way.

And don’t forget—there’s always room for improvement. Even experienced investors should:

1. Review Performance Regularly: Check how your investments are tracking against your goals.
2. Understand Tax Implications: As your portfolio grows, managing tax obligations becomes more important.
3. Plan for the Long Term: What’s the bigger picture? Are you on track to retire early or achieve your financial goals?

The Bigger Picture

Wherever you are, I want to remind you: You’ve got this, even when you feel like it’s all falling apart.

Some things have to break to give us a breakthrough. Whether it’s a mindset shift, a new strategy, or simply letting go of the fear of making mistakes—every challenge is an opportunity to grow.

Remember, your financial journey is unique. Money isn’t just about numbers; it’s about choices, freedom, and designing the life you want.

Enjoy the journey!