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Chapter 1: 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.
Chapter 2: 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.
Chapter 3: 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.
Chapter 4: 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.
Chapter 5: 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. If you wanted to make something for dinner, you go and get some fresh ingredients, right?
Absolutely.
Chapter 6: How does the Australian Stock Exchange (ASX) work?
Yeah. So when we talk about the stock market, it's basically the same idea. You go to a place and you exchange something for something. In this instance, we're not getting a baguette or we're not getting a broccoli. We're getting some type of ownership of a company, right?
So, on the stock market, we have businesses like Telstra, like Commonwealth Bank, and when you click buy inside your brokerage account, which is like a platform or a special account that you set up that allows you to transact, that's where you get a tiny little ownership slice.
So, if, say, Telstra is a $50 billion company, I don't know exactly what it is off the top of my head, you might buy one share worth $1. And therefore, you have a tiny, tiny, tiny ownership of that massive company. And that's the big difference between the brand market and the ASX.
Yeah.
Chapter 7: What are ETFs and how do they differ from shares?
Instead of wandering around and buying a piece of bread or of cheese, you actually buy a piece of the company selling the bread.
Yep. That's it. And so over the long term, if you do this again and again and again, you get to build up ownership in more companies or in just one company. As we'll get to in a minute, there are other ways to do this.
But you can slowly build up an ownership stake in companies that grow, companies that make profits, companies that solve problems for society or for other businesses or for their customers.
And that's how you make your money work for you in our last step, not last episode, maybe the one before that we talked about the idea of compound interest and growing your money over time. And one of the biggest ways that we know how to do that is by investing in great businesses. And there's a range of ways we can do that as well.
Yeah, there is indeed.
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Chapter 8: How can I use superannuation as an investment tool?
And so, we're going to show you how to do that. But basically, when most people think of investing, they think of investing in companies. Now, let's just hit some really basic kind of ideas on the head. So, when is the Australian Stock Exchange open, Kate?
It's open every business day, Monday to Friday from 10 a.m. to 4 p.m., Melbourne, Sydney time. And if it's a public holiday, generally not opened. If it's a national public holiday, sometimes I think Christmas Eve, it's usually open to like midday or something like that.
Yeah, there are some days where it's half days. But we don't go to the ASX building in Sydney, do we, to place our trades? How do we actually do the investing part?
Yeah, so you can create an account with a broker and they're sort of that middle platform that execute the trade for you. So I don't know if there's like an example with the market in mind, but you would potentially talk to a middle person at the market and say, hey, could you help me buy a share of that business? and they would find a seller and match you up.
And so this happens all anonymously and it happens in seconds instead of you wandering around the market trying to find someone else who wants to sell you a share of a bread shop. The broker helps execute all of that for you and helps you store your ownership of that company in one place. And there's quite a few different options when it comes to brokerage accounts.
There's probably at least 50 or 100 in Australia now. But there's all sorts of fees and things. It's like opening a bank account. There's lots of different options available. But some of the ones that are very popular in our community are Self Wealth.
Yep, Self Wealth.
Comsec. Yep. Perla, which is a fairly new option. Yep. offers some auto investing features. Stake as well is quite new to the Australian market. So there's different companies. You can create an account and we always recommend trying a couple of accounts because all the ones I've mentioned at least don't have any fees involved. We're just opening an account.
So sometimes I think new investors go, oh, I should only open one. And so I have to do a lot of research before I open one account. But you can actually open a few, try them out, see what works for you. And you can always just close them down to avoid having just empty accounts floating around.
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