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Owen Raskovitch

πŸ‘€ Speaker
607 total appearances

Appearances Over Time

Podcast Appearances

Australian Finance Podcast
Buying Individual Shares In Australia

There are some smaller ones, some startup ones.

Australian Finance Podcast
Buying Individual Shares In Australia

So

Australian Finance Podcast
Buying Individual Shares In Australia

So I guess compare your options.

Australian Finance Podcast
Buying Individual Shares In Australia

There's different fees out there.

Australian Finance Podcast
Buying Individual Shares In Australia

They don't do it for free.

Australian Finance Podcast
Buying Individual Shares In Australia

And sadly, brokerage in Australia is not as cheap as it is in the US.

Australian Finance Podcast
Buying Individual Shares In Australia

So I guess that does make you consider every purchase you make because brokerage can hit you hard.

Australian Finance Podcast
Buying Individual Shares In Australia

I think most Australian brokers are sort of, if you're not talking about huge amounts of money, anything over $1,000 is $19.95 a trade usually.

Australian Finance Podcast
Buying Individual Shares In Australia

So it's part ownership in a company.

Australian Finance Podcast
Buying Individual Shares In Australia

So a company could have as little as two shares.

Australian Finance Podcast
Buying Individual Shares In Australia

You could just be starting a business with a friend and you could have 50-50 ownership of the company and you both own one of the shares each.

Australian Finance Podcast
Buying Individual Shares In Australia

So the company is made up of two shares.

Australian Finance Podcast
Buying Individual Shares In Australia

So it could be as small as that.

Australian Finance Podcast
Buying Individual Shares In Australia

You might have a small business and have multiple business partners and have different shares and someone might have put more money in so they might own three-fifths of the company.

Australian Finance Podcast
Buying Individual Shares In Australia

So it can be as small as that.

Australian Finance Podcast
Buying Individual Shares In Australia

And then when you're on these massive listed companies that have millions and millions of shares and all sorts of people can own, massive companies can own different amounts of that company.

Australian Finance Podcast
Buying Individual Shares In Australia

So you can actually choose how much of the company you want to buy and you want to buy 500 shares.

Australian Finance Podcast
Buying Individual Shares In Australia

So you own 500 out of however many shares there are.

Australian Finance Podcast
Buying Individual Shares In Australia

It's all relative.

Australian Finance Podcast
Buying Individual Shares In Australia

It's just a different way of cutting up the company.