Page 4 - Wealth Generation News Today

Why this property investor bought a F45 franchise Share Looking back at his early 20s, Jyh Kao cringes about the bad money habits he developed. “I focused on things that gave me instant emotional gratification,” the 31-year-old marketing manager tells Wealth Generation. “There were many credit card purchases and car loans. Every time I got a pay rise, my spending would also increase. I now know this is termed ‘lifestyle inflation’.” Jyh Kao has diversified from property into shares ...

Why this Millennial invests his family nest egg in crypto Share Simon Ho, 31, is not just a casual dabbler in cryptocurrency. The Brisbane-based investor views digital assets as one of the keys to building wealth for his young family. Having first bought bitcoin back in 2013, Simon now runs a self-managed superannuation fund comprising a wide range of cryptocurrencies, held via local platform Coinstash, as well as Australian shares. “I don’t recall exactly how I came across bitcoin, but I d...

Share Whoever said short-term investment gains can’t have long-term benefits? When she was just 20, Kendall Flutey made an early-stage investment in ASX-listed tech company Xero that banked her a big enough return to quit her job and pursue her dream of starting a not-for-profit. “That provided me with the certainty to leave full-time employment and focus on [financial literacy initiative] Banqer in 2015,” the 30-year-old former accountant tells Wealth Generation. Kendall Flutey used her ...

Millennial women warm to passive investing Share Much has been made of the arrival of the next generation of investors as serious players in financial markets during the coronavirus pandemic. The trend is not only a reflection of the much-anticipated generational shift in market participation and a sign that the great wealth transfer from Boomers to Millennials and Gen Zers has begun. It also spells a new and powerful force wrong-footing the investment industry and challenging its long-held nor...

This 20-year-old investor is planning 10 years ahead Save Share Christopher Moeller, 20, pictured below, is not resting on his laurels. After being a member of the winning league in last year’s ASX Sharemarket Game, he is now studying economics and considering a career in professional finance. But his success in the nationwide game – which kicks off again this week and allows budding investors to win real prizemoney while honing their portfolio construction skills trading Aussie share...

Five US stocks this Millennial investor has his money on Save Share Canberra-based consultant Joe Milazzo, 34, started investing in financial markets when he was just 14. Under the guidance of his parents, he started to build a book of blue-chip Australian stocks, focusing on dividend reinvestment programs. But he now has a diverse portfolio across global shares, commodities and cryptocurrencies via his trading account with eToro. eToro customer Joe Milazzo with his wife.   Supplied His bigg...

25-year-old Raffay Mirza took a break from trading after his portfolio lost 97 per cent of its value. But now he’s back - with a new and improved strategy.