Investing with $1 in Australia

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Australian Finance Podcast 38 min 3 speakers 2 chapters transcribed 3 months ago
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What is micro-investing and how does Sharesies make it accessible?

Owen 0:00
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.
Owen 0:45
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.
Owen 1:27
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.
Owen 2:03
Kate, welcome back to the Australian Finance Podcast.
Kate 2:06
It's good to be back on, on this beautiful sunny Melbourne morning.
Owen 2:09
Yes, which is a rarity at the end of March. So we're happy about that. The day is looking good and we have a great guest with us today to share with listeners. We're really excited about who we've got on today. So Kate, why don't you just give a little bit of an overview of who our special guest is today and then we'll throw it over to her to tell us her journey and story so far.
Kate 2:29
Yeah, absolutely. So I know we've got some New Zealand listeners out there. And we've never really talked much about sort of the New Zealand side of things, even though there's a lot of crossover. So we've actually got Brooke Roberts on the show today, who is, I believe, the co-founder and co-CEO of Sharesies, which is a fractional investing style platform in New Zealand that's actually coming to Australia soon. So Brooke, I'll hand it over to you. Give a little bit of intro about yourself, your journey into starting Sharesies, because it's gone from sort of a startup to a massive company in New Zealand. and just sort of how you got there and what you're up to at the moment.
Brooke Roberts 3:05
Yeah, sure. And kia ora you two. And thanks so much for having me today. I really appreciate you letting me join this podcast. So, yeah, so I started, I joined Sharesies, or we started it in around October 2016. And at that time, there was just so much chat in the media about smashed avocado and like millennials not being able to afford housing and kind of all that negative rhetoric that really felt like there was not much opportunity to get ahead or like really develop your wealth or feel like you could even have a concept such as wealth development. And I had a career in finance and banking and then growth tech. So like, working at Xero and had really cool experiences there but when I was studying finance and when I was working in banking I just learned so many things that you know I learned the concepts behind some jargon out there and and learned all this stuff I was like oh more people need to know this like that you can negotiate term deposit rates and mortgage rates like I don't think many people know that you know and why there's like this like there's a lot of disinformation out there or a lot of

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