Why You Don’t Need a Fortune to Start Investing


In today’s financial climate, the notion of investing might seem out of reach for many, particularly for millennials, young investors, young professionals, and even those approaching retirement. The common misconception is that you need a significant amount of money to make your first investment or to enter the world of finance. However, this couldn’t be further from the truth, especially in Australia where opportunities for small-scale investments abound.


Breaking Down the Barriers to Investing

Gone are the days when investing was exclusive to the wealthy. Technological advancements and a shift in market dynamics have democratised access to financial markets, making it possible for anyone with even a small amount of money to begin their investment journey.

  1. Micro-investing Platforms

Micro-investing platforms are a game-changer, allowing individuals to invest spare change from everyday transactions. Micro-investing platforms in Australia enable users to automatically invest the round-up from their purchases into diversified portfolios. This approach not only simplifies the investment process but also makes it accessible and manageable, regardless of your financial standing.

  1. Low-Entry Investment Options

The Australian Securities Exchange (ASX) offers Exchange-Traded Funds (ETFs) and low-cost index funds that require minimal initial investment. These funds provide exposure to a wide range of assets, meaning your investment is diversified from the get-go. It’s an efficient way to start building your portfolio without needing thousands of dollars upfront.


The Power of Regular Contributions

Starting small doesn’t mean staying small. The key to building wealth over time is regular, consistent contributions. Even if you’re only able to invest a small amount, doing so regularly can have a significant impact thanks to the power of compound interest.

Compound Interest – The Eighth Wonder of the World

Albert Einstein reportedly called compound interest the eighth wonder of the world, and for good reason. It’s the principle where you earn interest on your investment, and then earn interest on your interest. Over time, this snowball effect can turn even modest savings into a substantial sum.


Strategies for the Young and the Retirees

For millennials, young professionals, and even those nearing retirement, the strategy doesn’t change much – start early, and contribute often. The earlier you start, the more you can benefit from compound interest. But it’s never too late to begin. For retirees, it’s about finding the right balance between income-generating investments and preserving capital.

Diversification is Key

Don’t put all your eggs in one basket. Diversification across different asset classes (stocks, bonds, real estate, etc.) can reduce risk and improve the potential for returns. Even with small investments, you can diversify by choosing ETFs or mutual funds that hold a mix of assets.


Benefits Beyond Financial Gains

Investing isn’t just about the potential financial returns. It’s also about learning financial discipline, understanding market dynamics, and gaining confidence in managing your money. For young investors, these are invaluable lessons that can shape a healthy financial future.



The myth that you need a lot of money to start investing is just that—a myth. With the plethora of options available today, anyone can begin their investment journey. Whether it’s through micro-investing apps, low-entry investment options on the ASX, or regular savings contributions, the key is to get started.

For Australians looking to venture into investing, the landscape has never been more accommodating. Remember, it’s not about how much you start with, but about making that first step and staying consistent. Your future self will thank you.

If you would like to improve your current investment strategies or are looking to start your investment journey, click here to organise a complimentary 20-minute phone call with an EPG Wealth adviser.


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