Buying Individual Shares In Australia
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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. 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.
Welcome to the Australian Finance Podcast, a podcast for people who want to learn more about their personal finances and get the most from their money. This series is hosted by Kate Campbell from How To Money and Owen Rascovitch from Rask Finance.
The Australian Finance Podcast is provided for educational purposes only. The information is general in nature and does not take into account your needs, goals or objectives. What that means is the information does not apply to you specifically. So consider getting the advice of a licensed and trusted professional before acting on the information. Kate, episode 10.
Yes, we made it.
We have made it. What's this one about?
Today we want to do a really sort of brief overview on investing in shares and the Australian share market and what it is, how it works and how you can potentially use it in your investing journey.
Cool. I feel like I'm going to do a lot of talking in this one.
Yes, I think this is your bread and butter, Owen.
It is. So why don't you kick off and just explain what the Australian share market is.
Yeah, so often you'll hear about it as the ASX, so the Australian Stock Exchange. It's essentially a big supermarket to buy these companies in Australia. So companies are able to list on the Australian Stock Exchange and it means that individual Aussies like you and me can buy $500 parcels of ASX any company that's on the exchange. So there's exchanges all over the world. In America, there's multiple exchanges all competing for your business and some have different purposes. But it's essentially a way that you can buy into companies that you believe in in Australia.
Okay, so I'm picking up what you're putting down and one of those things is that if in Australia you'd probably see more Australian companies, but on the foreign exchange, like a US exchange, you'd see more US companies.
Yeah, so different companies can, like Chinese companies can list in Australia and vice versa, but usually companies are listed in the same country that they're operating in, but not always. So it always pays to be careful.
Yeah, so for example, if you wanted to buy Microsoft shares, you would find that on a US stock exchange, not the Australian one. Yeah, right. So you'd need a US brokerage account for that to happen. Right, okay. But if you wanted to buy shares on Australian companies, say like BHP or Commonwealth Bank, you could do that in Australia, right?
Yeah, and you can just set up a brokerage account and buy those shares.
Okay, so what is a brokerage account and what are the steps involved?
Yeah, so most financial institutions offer brokerage accounts.
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