Guided selection
Start with a goal and risk questions that help narrow the types of choices you may wish to research.
Planning and growth
Build a plan around your goals and comfort with risk.
Learn how long-term, market-based choices work, what can affect their value and which questions to consider before making a decision.
Long-term perspective
Start with your goal, time horizon and ability to accept changes in value.
Define your goal
Know what you are planning for and when the money may be needed.
Understand uncertainty
Market-based values can move in either direction over time.
Review regularly
Revisit your plan when your goals or circumstances change.
Planning approaches
Different ways to think about long-term growth.
The right approach depends on your goal, expected time horizon, financial position and willingness to accept changes in value.
Diversified approach
Spreading exposure across different areas can reduce reliance on one type of asset, though it does not remove risk.
Regular review
Check whether your chosen approach still fits your goal, circumstances and intended time horizon.
Risk and time
Growth is uncertain, so the downside matters too.
Market-based products can rise or fall in value. You may receive back less than you contributed, particularly if you need to exit during an unfavourable period.
-
Keep short-term needs separate
Money needed soon may not be suitable for choices that can change in value.
-
Read the product documents
Review fees, risks, access rules and the type of assets involved.
-
Consider your full position
Think about other commitments and your ability to handle a loss.
What to compare
Look beyond past performance.
Past results do not determine what will happen next. Compare the structure, cost, access and risk of each choice.
Risk level
Understand what could cause the value to change and how large those changes could be.
Fees and costs
Ongoing and one-time costs can affect the amount that remains in your plan.
Access rules
Check when and how you can add, reduce or withdraw, and whether limits apply.
Time horizon
Consider whether the expected holding period matches when you may need the money.
Market-based choices involve risk
Values and any related income can fall as well as rise. Currency movements, market conditions and product-specific factors may also affect the outcome.
A considered process
Build the plan before choosing the product.
A clear goal and realistic risk assessment create a stronger foundation for research.
1
Set the objective
Define the purpose, target time and amount you can reasonably set aside.
2
Review the risks
Consider your ability and willingness to accept possible changes or losses.
3
Compare carefully
Read current documents, fees and access conditions before deciding whether to proceed.
Planning questions
Important points to understand.
If you are unsure whether a choice is suitable, consider speaking with a suitably qualified independent professional.
Visit supportCan the value of a market-based product fall?
Yes. Values can fall as well as rise, and you may receive back less than the amount contributed.
Does diversification remove risk?
No. It can reduce reliance on one area, but it cannot prevent losses or make the outcome certain.
How long should I plan for?
The appropriate time depends on the product and your goal. Review the stated time horizon and avoid using money that may be needed sooner.
Is the information on this page personal advice?
No. It is general information only and does not take account of your full circumstances or recommend a particular product.
Start with a goal, then review the risks and choices.
Use Barklyworld Finance to explore current planning information and the next steps available to your profile.