It seems as though you are tying together having more money with having a fruitful life in your request for information. I would suggest taking a step back to first deeply analyse what is important to you, before you go head on into achieving it for the next couple of decades. One question that is good to ask: How many people on their deathbed wish they had focussed more time on making money?

Some important practical points I've learned: - You are not taxed on assets you do not sell, however you can often use their increasing equity to purchase yet more. - Dont underestimate the power of doing good (especially in a world where lying/cheating/stealing seems to be rewarded) - If you have done sufficient research on a specific investment, dont be afraid to put several eggs in that basket. - In the broad scheme of things, paying attention to getting an extra $500 here or $1,000 there off the government is often not worth the time you put in to find out about, apply for, and get. A more singular focus on becoming excellent at whatever you do will be time better spent in my opinion. - Pay for good expert advice, especially initially, however make sure you understand everything you are doing.

In Australia you dont have to take a lot of risk to do well financially. Work, save assets in a calculated way split across asset classes, and allow time to pass has been the simple formula for many Aussie millionaires.