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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 and small business.   But in 2013, at the age of just 24, he took his first steps towards financial...

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 do remember being fascinated by the idea of the decentralised ledger,” Simon, a lawyer and finance ...

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 first windfall to start her non-profit Banqer.  She lists the windfall as her biggest success so fa...

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 norms, fuelled by social media and cheap money, as demonstrated by the GameStop day trading saga. Women...

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 shares with play money – was no fluke. Christopher Moeller won the ASX Sharemarket Game in 2020. Â�...