How Much is everyone actually investing?
Welcome back to Asking for a Friend! 💌 Whether you’re a seasoned pro or just starting out, there’s always room to grow. And don’t worry – the podcast girlys are cooking up some amazing investing episodes this year to keep you motivated and inspired. 🙌
P.S. Ready to start your investing journey today?
Our Spotify playlist is packed with the best investing episodes to get you up to speed! 🎧 Or, if you’re ready to go all in, our next Investing Masterclass intake begins again on April 1st – it’s the perfect way to start 2025 with a bang. Secure your spot now! 🌟
Now, let’s dive into the data. We gathered insights from 330 amazing community members about their investing habits. But remember, if your numbers don’t match up to others, don’t feel discouraged! We’re all on different financial journeys, and it’s never too late to make progress. 🌟
The median investment portfolio among respondents is $4,450 – how inspiring is that? It’s a strong start that shows the power of taking small, consistent steps toward financial independence.
Speaking of consistency, the median weekly investment contribution is $43.75. Even small amounts like this can add up quickly, especially when paired with the magic of compound interest. Whether it’s $20 or $200 a week, the secret is staying consistent!
So, What Does This All Mean?
56-65 year-olds hold the highest average investments, likely thanks to their peak earning years. They’re making the most of this time to grow wealth and plan for the future.
Meanwhile, 18-25-year-olds remind us it’s never too early to start! Even with smaller balances, their consistency is setting them up for long-term success.
Growth-focused investments like ETFs and shares are popular across all age groups, but property really shines for those in their 30s and 40s – a reflection of long-term planning and security.
Here’s the most important thing: it doesn’t matter where you start – just start! Whether it’s $20 or $200 a week, consistency is what builds wealth over time. Remember, everyone’s journey is different, and it’s never too late to take that first step.
What’s your go-to investment? Are you team ETFs, property, crypto, or something else entirely? Let us know – we’d love to hear your story! 💕
What Can We learn From This?
When it comes to favourite investment types, ETFs reign supreme. They’re loved for their simplicity, low fees, and potential for long-term growth.
But trends shift with age:
18-35-year-olds are diving into the exciting (and volatile!) world of crypto, showing a willingness to take risks early in their journey.
36-45-year-olds favour property and index funds, focusing on stability and long-term security.
This just proves there’s no one-size-fits-all approach to investing – it’s all about what works for you and your goals.
Start where you are, with what you have. 💖 You don’t need thousands of dollars or fancy spreadsheets to start investing. Whether it’s $5 through a micro-investing app or your first $100 in an ETF, the most important step is just getting started. Consistency, not perfection, is what builds wealth over time.
So, set up an automatic transfer (even if it’s just $20 a week), and let your investments grow quietly in the background. Future you will be so proud! 🌟
Need a little guidance? Join our Investing Masterclass here. Your future self will thank you! 🌟
Want the inside scoop before anyone else? 👀
Sign up for our Asking for a Friend newsletter to get all the stats and stories straight to your inbox, before they hit the web. Bonus: you can even anonymously share your own data to help shape what we talk about next. 💌
Just a friendly reminder: Our content is here to inform and empower, not to provide personalised financial advice. We love making money talk fun and accessible, but when it comes to your own finances, it’s always best to chat with a licensed professional who understands your unique situation. Do your research and make informed choices that work for you!