What do you want your money to do?
Consider your goals, timing and how a fall in value would affect you. A portfolio focused on shares can rise and fall sharply and will not suit every goal.
Why do you own each investment?
Understand its purpose and how it fits with the rest of your finances. Ask for a plain explanation when the role is unclear.
Are you spreading your risk?
Several funds may own the same companies. Check overlap as well as the number of holdings. Diversification can help manage risk, but it cannot eliminate losses.
Can you get your money when you need it?
Keep near-term commitments in view. Some investments can be difficult to sell. Ask how you can exit, whether you could be asked to contribute more and whether you could afford to lose the amount invested.
What should you know about a private investment?
A private investment is not traded like an ordinary listed share. Information and exit options may be limited. Understand ownership, costs, risks and your rights. A possible tax benefit does not remove those risks.
What will you pay, and when should you revisit the plan?
Understand advice fees, investment expenses and other charges. Consider how contributions fit your budget. Revisit the plan when goals, income or access needs change.
General education only. Your circumstances and the applicable documents determine which choices may fit.