The difference between starting to save and invest in your 20s versus 30s can be hundreds of thousands of dollars, wealth advisers say.
We are pleased to announce that Maili has been featured in a recent Financial Post article. The article discusses the importance of compounding and diversification for Generation Z and millennial investors, providing valuable insights for young investors looking to build wealth and navigate the financial landscape.
Key points from Maili Wong’s portion of the article include:
- — The importance of diversification across different geographic and industrial sectors.
- — The potential for young investors to take advantage of market volatility by buying at discounted prices.
- — The usefulness of fixed-income investments for near-term goals, such as saving for a first home.
- — The benefits of tax-efficient programs like the First Home Savings Account (FHSA) and Registered Retirement Savings Plans (RRSPs) for building wealth.
To read the full article and gain access to Maili Wong’s insights, click here.
If you have any questions about how this relates to you or your investment portfolio and financial plan, please give us a call at 778 655 2410 or email us at thewonggroup@wellington-altus.ca
Sincerely,
Maili Wong, CFA, CFP, FEA
Senior Portfolio Manager & Senior Wealth Advisor
Wellington-Altus Private Wealth Inc.
Board Director
Wellington-Altus Financial Inc.
Maili Wong is a senior portfolio manager and senior wealth advisor at The Wong Group at Wellington-Altus Private Wealth and the Amazon best-selling author of ‘Smart Risk.’ She has over two decades of experience in the finance industry and was named a Top Wealth Advisor and one of the Best in Province in the 2022 rankings produced by The Globe and Mail and SHOOK Research.
