Q&A: When NOT to get advice, hedging AUD & your best portfolio

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Australian Finance Podcast 48 min 2 speakers 3 chapters transcribed 3 months ago
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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 Campbell. How you going?
Kate 2:06
Good. Thanks, Owen. How are you?
Owen 2:08
I am very well. Thanks, Kate. And today I am extra special well, because we're talking about finance and we have some questions sent in by our dearly beloved listeners. So we have questions on ETFs. We have when to sell them. I'm going to follow up on something from shares month. You're going to tell us all about hedging, when not to hedge, how to hedge, to be hedged or not to be hedged. And then we're going to answer a question, which is a really interesting one from Aaron, which is when not to get financial advice. So to start off, a disclaimer. Anything that we talk about in this podcast episode is strictly general information or general financial advice only. So please do not rely on it. Even though some of the questions might seem to come from a human, they may not.
Owen 2:49
So we may be keeping that secret. So they may not even be real life case studies, in which case they cannot be specific to anyone. So keep that in mind too. But we do appreciate your questions. And when we do answer any questions, please remember that you should always seek the advice of a licensed and trusted financial professional who can go into detail about your situation because we simply cannot. And past performance is not indicative of future performance. Not that we're talking about track records or anything, but okay. So Kate, I know you have a bit of an introduction.
Kate 3:16
Yeah, yeah. I think just before we got into today, I just wanted to say a big thank you to everyone who's left us lovely five-star reviews on Apple Podcasts, Google, Facebook, Rask Education on the courses. We really appreciate all your support. And it does help new people get access to the content because the more reviews, it sort of shows that track record.
Owen 3:37
That is indicative of our future performance, that one. We are going to keep doing good stuff in the future.
Kate 3:42
I think in terms of reviews of products, like past performance is often an indicator of future performance, especially if you're buying a product or service.

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