πΈ get rich slow (the easy way) | starter pack
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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. 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. Hello, good day, good evening. Welcome to this episode. Kate, it's always a pleasure to have you with me.
Wonderful to be here, Owen.
Today we're going to talk about an introduction to our Startup Pack series, just the kind of nuts and bolts of what we're doing here, why we're talking about money, why we think this series, this short series, as part of the Australian Finance Podcast is so very important. So this is about helping you understand what we know and what we've done over the last few years to educate ourselves and bring some of those insights to. We're going to focus on the essentials, the foundations, the fundamentals of money. We're going to cover all the topics we think you need to know. And we're going to do that in the most relatable way we can.
Yeah, and really just give you the tools to get started. You don't really need to know everything to get started. I think that's a common mistake for new investors. They think they have to spend years figuring out the basics before they even have a go. But we're just going to give you the quick 20-minute summary of what you need to know to actually go out and just take that first step and keep learning yourself.
Yeah. So we did something like this about three years ago.
Yeah, a while back now. Yeah.
When we first started the podcast series, we set out on about 10 episodes to talk about the essential things that people needed to understand. And those have proven to be some of our most popular. And it's easy to see why. Most people that come to us, they're typically not always younger, but they're typically 20s and 30s. We do get some older people than that come on the show and say, what do I need to know about super? What do I need to know about retirement savings? What do I need to know about ETF investing, budgeting, paying down debt? There are so many blogs and articles and even on our websites we have courses, we have a few hundred episodes of the podcasts, workbooks, we have articles every day being written.
This is going to be the concise summary of that first step and your first interaction with money. So we're going to build you up from budgeting and we're going to talk about investing on the back end. We've got a good split between the episodes and we don't expect you to come away from this series and know everything.
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Chapters
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Sounds like good money advice... But is it?