Wealth creation is achieved by taking advantage of all investment opportunities available to you. Knowing how to build and manage wealth requires consideration of many complex areas, and effective planning for their management.

Though each may play a role in your long-term strategy, investing directly in shares, property, fixed interest and cash is not always easy for the individual investor.

Creating the ideal investment mix involves identifying your personal objectives and risk tolerance and diversifying your investments accordingly. That is, choosing what's appropriate for you and acquiring the appropriate investments.

Establishing financial and lifestyle goals that are realistic within the context of your income and lifestyle needs should be the first step in wealth creation. The investment towards wealth accumulation goals may primarily be determined by your cashflow – i.e. the difference between income and expenditure.

Monitoring and modifying your investment mix over a long period of time can also be a daunting task.

Keeping track of market trends, interest rates, emerging opportunities and other unforeseeable variables requires an expert eye and large amounts of time and attention.

Your ASC Financial Services adviser will determine your profile via a confidential client data collection form and advise you of your options to achieve your goals. Please contact our Senior Financial Planner, Andrew S Coates to schedule your FREE first appointment.