Financial News During COVID-19
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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. Thanks for tuning in to today's podcast.
Please remember that all of the information in this podcast episode is limited to general information only. That means the information is not specific to you, your needs, goals, or objectives. So you should seek the advice of a licensed and trusted financial professional before acting on the information. And before you acquire or apply for a financial product, please read the PDS or product disclosure statement, which should be available on the issuer's website. Lastly, please keep in mind that past performance is not indicative of future performance. In this episode of the Australian Finance Podcast, Kate and I reflect back on our first episode on financial news and provide an update and ways to think about consuming financial news in a healthy way throughout coronavirus isolation and how it can possibly impact your finances and decision making.
We hope you enjoy this episode of the Australian Finance Podcast. Kate, welcome to this episode of the Australian Finance Podcast.
Thanks, Owen. It's good to record another episode on this sunny Tuesday morning, I think it is today.
Yes, it is. It's sunny day in Melbourne. It's cold. It was eight degrees when I went for my morning walk, but it's lovely. You're brave. I haven't got out of the house yet. I try and get out twice a day during isolation. So morning and night just to stretch the legs and get away from the desk, really.
That's good of you. I think I managed to do one big walk and that's about it. I'm done for the day.
Yeah, the thing is, it's still good to do one walk a day. You just got to force yourself to get out because you're going to have that separation, or at least I do.
Yeah, I tried doing a group PT session last night over Zoom and that was fun.
At least you're giving it a shot. That's the spirit.
Yeah, seeing everyone in their bedroom doing exercise was an interesting experience. Oh, I thought you would have just had your camera off. No, no, we had our cameras on. There was about seven of us, I think. So we could, yeah. That's a bit strange. Yeah, it was a test from one of, obviously no one's working at the gyms anymore. So they've suddenly got a lot of time to do sessions online. So yeah, but I'm not sure Zoom quite works with that many video cameras on.
Well, it's a good idea anyway, everyone being healthy, active and personal trainers still working and running their business. Anyway, Kate, what are we talking about in this episode?
All right. Well, today we're talking about financial news. So a little bit more interesting than what I just told you. But what... We have talked about financial news before, but it's more relevant now because there is just news flying all over the place, especially in relation to the coronavirus.
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