52. Should I invest in ETFs, or save for a home deposit?
03/18/24 • 23 min
Recently, the Get Rich Slow Club received an interesting question from a listener:
Is it better for a person in their late 20s to funnel their savings and earnings into ETFs, or to work towards a home deposit via a high-interest savings account?
While there’s no universally “correct” answer, there are a range of factors that can influence the decision. And by considering these factors in-depth, each listener can come closer to the right answer for their goals.
In this episode, Natasha Etschmann (Tash Invests) and Ana Kresina (Head of Product & Community at Pearler) tackle this question head-on. They do this by exploring the considerations for each choice, and looking at potential options for anyone at this crossroads. If you’ve ever asked a version of this question, you’ll want to catch this ep!
Disclaimer
Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.
Natasha Etschmann is an Authorised Representative 1299881 of Guideway Financial Services Pty Ltd AFSL 420367. Read the FSG available from https://tashinvests.com/links
Pearler is an Authorised Representative 1281540 of Sanlam Private Wealth Pty Ltd AFSL 337927. Read the FSG available from https://pearler.com/financial-services-guide
If you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding.
Hosted on Acast. See acast.com/privacy for more information.
Recently, the Get Rich Slow Club received an interesting question from a listener:
Is it better for a person in their late 20s to funnel their savings and earnings into ETFs, or to work towards a home deposit via a high-interest savings account?
While there’s no universally “correct” answer, there are a range of factors that can influence the decision. And by considering these factors in-depth, each listener can come closer to the right answer for their goals.
In this episode, Natasha Etschmann (Tash Invests) and Ana Kresina (Head of Product & Community at Pearler) tackle this question head-on. They do this by exploring the considerations for each choice, and looking at potential options for anyone at this crossroads. If you’ve ever asked a version of this question, you’ll want to catch this ep!
Disclaimer
Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.
Natasha Etschmann is an Authorised Representative 1299881 of Guideway Financial Services Pty Ltd AFSL 420367. Read the FSG available from https://tashinvests.com/links
Pearler is an Authorised Representative 1281540 of Sanlam Private Wealth Pty Ltd AFSL 337927. Read the FSG available from https://pearler.com/financial-services-guide
If you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding.
Hosted on Acast. See acast.com/privacy for more information.
Previous Episode
51. How to boost your financial wellness feat. Larisha Jerome from First Nations Foundation
The more we learn about money, the more we realise that self-care, financial wellness, and financial literacy are entwined. When you neglect one, the other two inevitably follow. On the upside, by paying attention to your financial wellness, you can see a marked improvement in your daily life.
To assist you in mastering your financial wellness, Natasha Etschmann (Tash Invests) and Ana Kresina (Head of Product & Community at Pearler) have partnered with Larisha Jerome. A proud Jarowair, Wakka Wakka & Wulli Wulli woman, Larisha is the Manager for Women’s Economic Empowerment & Business Education at First Nations Foundation. She is also a keynote speaker, non-executive director, and host of the Rich Blak Women podcast.
In this episode, Tash and Ana speak to Larisha about money mindsets, and the concept of generational strength. Larisha also speaks about the relationship between financial literacy and wellness, and First Nations Foundation’s Indigenous Women’s Financial Wellness project.
Disclaimer
Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.
Natasha Etschmann is an Authorised Representative 1299881 of Guideway Financial Services Pty Ltd AFSL 420367. Read the FSG available from https://tashinvests.com/links
Pearler is an Authorised Representative 1281540 of Sanlam Private Wealth Pty Ltd AFSL 337927. Read the FSG available from https://pearler.com/financial-services-guide
If you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding.
Hosted on Acast. See acast.com/privacy for more information.
Next Episode
53. How to talk about wage transparency, income, and business finances feat Victoria Harris and Sophie Hallwright from The Curve
At the Get Rich Slow Club, there are (among other things) two topics we love discussing. One of them is wage transparency, financial literacy, and closing the gender pay gap. The other relates to side hustles, entrepreneurialism, and people who successfully monetise their passion. That’s why we’re thrilled to host two guests who combine both topics: Victoria Harris and Sophie Hallwright from The Curve.
In a nutshell, The Curve is a platform that helps women feel more empowered around money. It’s a safe space for women to get investment-savvy, without the noise and confusion. In this episode, Natasha Etschmann (Tash Invests) and Ana Kresina (Head of Product & Community at Pearler) speak with Victoria and Sophie about all things financial literacy. They also cover how to speak about money with friends, and how to transition from a side hustle to a full-time business.
Disclaimer
Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.
Natasha Etschmann is an Authorised Representative 1299881 of Guideway Financial Services Pty Ltd AFSL 420367. Read the FSG available from https://tashinvests.com/links
Pearler is an Authorised Representative 1281540 of Sanlam Private Wealth Pty Ltd AFSL 337927. Read the FSG available from https://pearler.com/financial-services-guide
If you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding.
Hosted on Acast. See acast.com/privacy for more information.
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