Q&A: Calculating your net worth, VDHG & ASX companies issuing shares
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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.
Kate, it is a delight to see you today. You look luminescent. Welcome to this episode of the Australian Finance Podcast. Great to be back, Owen, on a beautiful sunny morning in lockdown. Yes, it is. We are recording this on September 1st. It's a Wednesday. Wednesdays are our days for podcasts, although we do tend to stray outside of those every now and again.
I don't think we stick to most of the rules we set ourselves.
Yes, we don't. Yes, that is correct. We do have ground plans, or ground plans if you're from Adelaide, and we don't really tend to stick to them. So we've got a few questions that have come through this month. You can ask your questions by jumping into the Rask Australia Facebook community, which anyone can get to via the show notes. And we hope everyone gets to it via the show notes. The other thing that you can do, if you're so inclined, is send us an email, podcast, P-O-D-C-A-S-T, at rask.com.au. That's rask, R-A-S-K, .com.au. Full disclosure from Kate and I, we love hearing from you, but we have a lot of questions that come via email. So it's probably easier if you do it via the Facebook community because then others can help you out as well.
And it also makes it so we can give you quick responses. You'll find that with this month, There was a question that came through the Facebook community and Kate actually asked one of our analysts to answer the question via our internal Slack channel, which was then put into the group. So that is a great way to get some questions answered. Obviously, we have our websites as well, but that's how you do it. Kate, we've got to do the disclaimer before we get into these wonderful questions. And we've got some questions on net worth. We've got issuing shares, when companies issue shares, crossing over with VDHG, share buybacks and tax, lots of good stuff. The disclaimer is, if Kate and I answer a question, it's limited to general financial advice only.
That's because we haven't taken into account anyone's needs, goals, or objectives, which are the things that a financial planner would take into account when they give you advice.
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Sounds like good money advice... But is it?