π©π½βπ» Aussie investing 101 (find a broker) | starter pack
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What is investing and why is it important?
Property investors often talk about using debt to build wealth. In the share market, that's called gearing. With the BetaShares WealthBuilder range, investors can access moderate gearing into shares, and with the newly launched GG-BL, That means exposure to a diversified portfolio of around 1,300 global companies excluding Australia, all with no loan applications, credit checks, or margin calls. Gearing magnifies both gains and losses, so it's only suitable for investors with a very high tolerance for risk. You can learn more about the WealthBuilder range of ETFs at the BetaShares website. And don't forget to read the PDS and TMD to decide if it's right for you. BetaShares Capital Limited is the issuer.
Here's something worth knowing if you've been meaning to make the switch to a better broker. To celebrate their fifth birthday, Perla are offering three free trades a month for five months if you transfer your portfolio across with a minimum of $1,000.
How can I get started with investing in Australia?
For anyone investing regularly, that's meaningful savings on brokerage that can stay invested instead. Perla is chess-sponsored, built specifically for long-term investors, and now has over $3 billion invested on the platform. If you've been with a platform that doesn't quite fit your strategy anymore, it might be time to take a look. You'll find all of the details at perla.com slash LP slash Rask. That's perla.com slash LP slash Rask. Hey there, here's a quick note. This podcast contains general financial advice only. That means it's not specific to you, your needs, goals, or objectives. So don't act on the information until you've spoken with your financial advisor. You'll find our full disclosure, disclaimer, and link to our financial services guide in the show notes.
What are the different types of investment options available?
Welcome to this episode of the Australian Finance Podcast. It is good to be back, Owen. Yeah, we're talking Startup Pack Episode 6. We're talking investing, introducing people to the ASX, the Australian Securities Exchange, Australian Stock Exchange, and some of the options that are available. This one's a great one if you're just looking for like the primer on all the episodes. We've done deep dives on each of these topics throughout the series, so you can go back in the catalog and have a look at those. But we're going to talk about what the ASX is, why you've heard about it, what is investing, how to get started, some of your different options available. This is a really kind of basics primer on investing.
And it's good to get the language and start hearing some of these words because you'll see these acronyms in the word ASX and market and the word shares and ETFs and bonds come up a lot. So I guess we're going to explain some of these for you.
How do I choose a broker for investing?
And then if you're interested in any of these, we're going to dive in deeper in some of our other starter pack episodes. Plus we've done an episode on virtually every one of those topics many times on the podcast. So it's sort of just a primer episode to get you started.
So don't be put off if you don't understand everything exactly. Feel free to go back into the catalog and watch the full episode on that one particular thing. This is just about an introduction to what are the different things. Imagine you have an investment menu in front of you. We're just giving you kind of the description that sits below the actual, the item on the menu. And we're just kind of giving you what you need to know. And then next time when you tune back in, you'll be able to get the full banquet and you'll be able to understand it a bit better.
What are common myths about investing?
But Kate, we're here in Melbourne. What is your favorite market to go and purchase things from?
Well, most recently it's been Prahran Market because it's been a good escape during lockdown to go there on the weekends because it has stayed open the whole of the last two years. So that's really good. And you get to buy your favorite cheeses and hams and meats and vegetables. So there's a bit of everything there really.
Yeah, right. So it's a market where you go down with a bit of cash and you can get your groceries and yeah, like you said, vegetables.
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Chapters
8 chapters
1
What is investing and why is it important?
0:00β0:57
2
How can I get started with investing in Australia?
0:57β1:43
3
What are the different types of investment options available?
1:43β2:31
4
How do I choose a broker for investing?
2:31β3:12
5
What are common myths about investing?
3:12β3:45
6
How does the Australian Stock Exchange (ASX) work?
3:45β4:38
7
What are ETFs and how do they differ from shares?
4:38β5:22
8
How can I use superannuation as an investment tool?
5:22β47:28
Speakers
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