ETFs, Robo Advice, Index Funds & Managed Funds
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What is an ETF and how does it work?
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.
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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 HowToMoney 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.
Hi Owen, welcome back to the Australian Finance Podcast.
Thanks, Kate. It's wonderful to be here.
Yes.
What are we talking about today?
Our favorite topic, which is index funds, exchange traded funds, and managed funds.
Cool. So we've talked about these a little bit in the past.
Yep.
But we're just going to go into a little bit more detail.
Yep. What they are, how they work and why you might like to look into them more.
Cool. Okay. So let's just start off with a neat quote, which is this person says, I have enough money to retire and live comfortably for the rest of my life. The problem is I have to die next week.
Okay.
And that's a joke because it means that this person wasn't prepared and they've got enough money, but it's going to run out pretty quick as soon as they stop having an income coming out. So the lessons from this episode is hopefully going to be structured or they're going to be structured in a way that hopefully that's not you and you'll grow wealth quickly, as quickly as possible, but over a long time. And then you'll have enough to maybe retire comfortably.
So get rich slowly.
Get rich slowly? Or just get rich. Yeah. Yeah. Don't even try to do it quickly. Just try and get rich. That should be the first goal. Okay. So why should someone start investing now?
Well, I think investing is good for everyone to think about. And there's so many simple ways to get started, which we'll be talking about in this episode. It doesn't have to be complicated at all. And you can put steps in place now to make sure you have a really comfortable retirement. and ease those challenges that you face throughout life, whether that be you're investing now and then when you want to buy a house in 10 years' time, you've built up enough wealth to be able to do that comfortably or you want to make sure you don't have to rely on the government system when you reach retirement age because who knows what they'll have changed by then. But investing is really important to build wealth over time and make sure you've got enough for everything that life throws at you.
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Chapters
8 chapters
1
What is an ETF and how does it work?
0:00–4:18
2
What are the benefits of using a robo-advisor for investing?
4:18–7:52
3
How can I start investing with a small amount of money?
7:52–12:45
4
What are the differences between ETFs, index funds, and managed funds?
12:45–16:42
5
How do investment fees impact long-term returns?
16:42–20:36
6
What strategies can help mitigate investment risks?
20:36–24:21
7
How can I build a diversified investment portfolio?
24:21–29:02
8
What are the key lessons for successful long-term investing?
29:02–34:41
Speakers
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Sounds like good money advice... But is it?