Stock market

Australian woman cashes in after $100,000 shares and cryptocurrency investment

PHOTO: A woman is seen checking the stock prices at the Stock Exchange in Sydney as younger Aussies look towards shares to grow their wealth. Picture: NCA NewsWire / Gaye Gerard Source: News Corp Australia

She said working full time isn’t going to make her richer and is urging young Aussies to think beyond property to boost their wealth.

Brisbane woman Alex is investing in shares and cryptocurrency to build up her wealth and currently has $100,000 scattered across her portfolio.

The designer has been investing for the past six years and is chucking in $450 a week towards investments.

“I invest in shares on multiple platforms. I have a Spaceship investment app, Raiz is another similar type platform for shares, Bamboo which is investing in Bitcoin, silver and gold and I have a few cryptocurrency wallets,” Alex, who didn’t want her surname revealed, told news.com.au.

“I would like to make my money work for me. I don’t think I’ll get too much richer working full time so I am some what of a risktaker, which is why I started buying individual shares myself. I research them and look at charts and I didn’t do too tell well in some instances, but I definitely learnt a lot of lessons and found that jumping into shares and then quickly selling them when the price drops, as I got scared, wasn’t the right thing to do.”

From Spaceship alone, Alex said she’s making a return of $14,500.

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