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Smart Investment Options for Young Australians

Smart Investment Options

Investing at a young age is the wisest decision one can ever make, as  it lays the foundation for a successful financial future.  Starting your investment journey at an early age doesn’t have to feel like a death sentence; you can still have fun as you save.

Most young people in their 20s and early 30s don’t have a lot of financial responsibilities to cater to, making it easy for them to come up with reasonable investment plans. In this article, you’ll find intelligent investment options that you can adopt as a young Australian.

1) Stocks

As a young Australian investor, stocks are a great investment option since you can start small and gradually add to your initial investment, increasing your growth potential over time. Before diving in, seek expert Australian stock market advice to enable you to invest in profitable stocks that best suit you.

2) Savings account

It’s among the simplest ways a young Australian can invest their money. Your savings earn interest depending on how much you have in your account. To make a substantial amount from this kind of investment, you have to keep depositing money and avoid withdrawing. This can help you attain your investment goals though it may take a long time. The best part is that you don’t require a minimum balance to earn interest; deposit the much you have and wait for it to multiply gradually.

3) Cryptocurrency

It is a digital currency that you can exchange for goods and services or trade for profits or losses depending on the time of sale. The cryptocurrency market is unregulated, and that leaves people in control of their money without being affected by poor governance and inflation forces that reduce your wealth.

Please note that you have to go for suitable cryptocurrencies for your portfolio to protect your investment and diversify your crypto assets to lower risks.

4) P2P (peer to peer lending)

P2P lending allows people to borrow money for personal use or business without going through banks, building societies, or credit unions. Business is transacted online, and the platform operator acts as a bridge between the lender and the borrow.

The interest charged isn’t standard as it depends on how the operator calculates it. Here, you decide how much to invest, a minimum interest rate, and a repayment period. You may get your returns before or at the end of the loan period. The operator performs a background check on the borrower to assess the lending risk and repayment capacity.

5) Bonds

Investing in government and corporate bonds is a good option for young investors in Australia since they are stable investments that last for seven to ten years then pay back the total amount to the investor. There are several types of bonds to choose from, so go for the ones that best suit your financial capability. Before investing, familiarize yourself with the regulations that govern bond investments.


Investments make one’s future life easy and stress-free. Putting your money in either of the above investment options for young Australians will help you secure your and your family’s future.

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