Invest your first $1,000 with these 5 steps
Australian Finance Podcast
Pick simple, diversified investments
Gemma recommends ETFs or ready portfolios to avoid single-share risk and reduce analysis paralysis.
In this short Wednesday bonus episode of The Australian Finance Podcast, Gemma Mitchell walks you through a simple, practical roadmap for investing your first $1,000. No jargon, no complicated charts, just clear steps you can actually follow.
Getting started is often the hardest part. Many people put it off because they think they need more money, more knowledge, or the “perfect moment”. The truth is you only need a small amount, a repeatable plan, and the confidence to take the first step. This episode gives you exactly that.
Gemma breaks down the five steps that build a strong foundation, along with the rookie mistakes that trip up new investors every year. If you’ve ever wondered where to begin, or you’re ready to finally put your money to work, this is the perfect place to start.
In this episode, you’ll learn:
- Why your first $1,000 matters more than you think
- How to choose an investment platform and avoid overcomplicating it
- The basics of picking a diversified investment without needing expert skills
- How automation removes the emotional pressure and keeps you consistent
- The difference between long-term investing and short-term noise
- Rookie mistakes to steer clear of, including chasing hot tips and timing the market
- How to build the habit so your first $1,000 becomes so much more
If you’re ready to make a start, feel more confident, and avoid the traps that hold so many people back, tune in to this quick, practical guide.
Resources for this episode
Buy Gemma’s book “The Money Reset”
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DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
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