Season 2: Coronavirus and prepping finances for... a recession?
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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.
Welcome to season two of the Australian Finance Podcast. In this episode, I'm taking a look at coronavirus and the implications it presents for investors and indeed for us as citizens of Australia. I'll discuss some of the key things that you can do to prepare your finances for whatever the stock market or financial markets throw at us next. And of course, I'll include some great show notes if you want to explore this topic in more detail. Hello and welcome to season two of the Australian Finance Podcast. My name is Owen Raskovic. Today, it's little old me and you on this podcast. That's right, Kate is away or about to go away to Europe of all places and I thought a great way to kick off season two is just to have a short conversation about a topic that's on everyone's mind.
In a few weeks I'm hoping to start incorporating some interviews and we can discuss life events and kind of these unique topics that come across our desk as financial professionals but also as people who just go about our lives. I'm talking about, we might answer some questions or have some episodes on topics like, oh my God, I just got engaged. How the heck do I prepare financially for a wedding? Another one that people come across, which is arguably one of the most important life events of all, which is, hey, we're pregnant. How do we start saving for our child? These are obviously really important topics to address, and I hope to get to them in the next few months. Perhaps I'll get some experts on to talk us through these life events and how to best manage them financially, and also to give you some tips and tricks to take away, and I
This week, as it says on the tin, this episode is about something that is making headlines all across the world and it has implications for us as investors here in Australia. And that, of course, is the coronavirus and potential implications for us here in Australia could include something called a recession. So I'm hoping to discuss this topic or these topics from the perspective of an investor and try and break down some of the things that we've been seeing in headlines recently.
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