Understanding the basics of investing can help you maximise your super - one of the most important investments you will make. It's also a long term investment which means planning is important.
From 1 February 2017, we are making some modest changes to our asset allocations. Visit www.telstrasuper.com.au/fundupdate for more information about the changes. You may want to consider the changes if you’re thinking of changing investment options.
To get the most from your super you need to understand the basics, develop a long term plan and monitor its progress ensuring you adapt your plan as your circumstances change.
Understanding the basics
Investing is not as complex as you think. Once you understand what makes up an investment and a few simple investment principles you're well on the way to making a plan.
Types of assets
There are two major types of assets that make up the building blocks of an investment:
- Growth assets - including shares and property earn income from dividends or rental income and increase in value through capital growth
- Financial assets - including fixed interest and cash, earn returns primarily from interest.
More information of asset types
There are significant risks associated with investing and your super. These can include inflation risk, market risk, currency risk and more. We've prepared a summary of the different types of risks to help you understand the risks you may need to consider in your investment strategy.
More information on understanding risk
Get started with a 5 step plan
In just 5 simple steps you could be well on the way to getting your super strategy sorted. It's never too early to plan a strategy, the key is to ensure you monitor its progress and review it on a regular basis to ensure it is on track to meet your needs and is adapted if your circumstances change.
More information on starting a 5 step plan
Seek financial advice
While it's great to research and improve your own knowledge of super and investments, nothing beats the advice from an expert financial adviser to make sure you're on the right track to a successful investment.
Access to financial advice about your Telstra Super account, including your investment options, is available at no additional cost as part of your membership. To discuss your advice needs, call Telstra Super on 1300 033 166 between 8.00am and 5.30pm (Melbourne time) Monday to Friday.
For more detailed information on investment basics and Telstra Super's investment options download our Investment Guide (2.95mb).