Beyond university: setting life goals
Dickson Wong graduated from uni in 2014 and has been working as an electrical engineer for a major consultancy firm based in Brisbane for about 4 years. He had built up some savings over this period by living at home and being very careful with his spending. He knew he wanted to invest his savings and that it was important to start as soon as possible.
“At uni, without even realising it, you’re meeting goals and expectations that have been set for you each semester. After you leave, there’s no one setting goals for you anymore, it’s your own responsibility. So, I set myself a plan of what I could expect for myself over a period of time – and that’s why I decided to invest straight away.
I started exploring my options; I attended seminars, I talked to as many different people as possible, and what I found was that property kept coming up as a wealth building path. But it definitely takes time, so I wanted to start as early as possible.”
My options were based on my limitations
Dickson first encountered Ironfish at Property Expo, where he attended a presentation by our CEO Joseph Chou. He was invited to attend a follow up workshop at our Ironfish Brisbane office, after which he was keen to schedule a strategy meeting straight away.
Dickson had a series of meetings with our Brisbane-based strategist Jade Cattanach, who spent some time helping him to clarify an investment strategy that could help him achieve his personal goals. Since Dickson had a limited amount of savings, it narrowed down the field for what Dickson could afford to buy. It also meant that every dollar counted, so if he could avoid any extra service fees and charges then that would help a lot.
“My options on which property to invest in were based on my limitations – how much I had saved up! The fact that Ironfish is providing a lot of extra services at no direct cost to me makes me feel a lot safer as a customer as well. I knew exactly what I was getting into and I wasn’t potentially losing any extra service fees on top of the property cost.
“I’ve been in touch with other companies, some of which charged a one-off fee per property as well as an additional fee for managing the construction phase of the property. There are other companies that do a similar service, but the level of service they provide is quite different – the approach, the level of detail, the attention they can provide you as well as the type and quality of properties they could offer. With new properties it’s hard to gauge the end product. But from what I could see from Ironfish print materials, descriptions as well as the time my strategist Jade spent talking me through all the many details and coaching me in terms of mindset – all this gave me a solid idea of what I could expect, and the confidence to go ahead.”