Get Started Investing How we would invest our first $5000 today
If we had $5,000 to start our investment portfolio from scratch today, what would we buy?
We’ve been given that very challenge by Betashares Direct. In this episode we take $5,000 (fully hypothetical dollars- sadly) and break down:
- Our investing strategy: why it is simpler than you think to get started.
- The steps to start investing with $5000: Setting goals, a time horizon and understanding risk tolerance
- Our hypothetical $5000 portfolios; what we are buying and how we would structure it.
If you’re feeling overwhelmed and don’t know where to start investing, this episode is for you. Or if you’re interested in how we’d invest if we were starting today, and whether it's any different than when we first started 8 years ago. Either way, it’s a cracking ep.
Betashares Direct is designed to help self-directed investors build long-term wealth, find out more here.
Links Referenced:
- Our episode on the Core and Satellite approach
- Our book ‘Don’t Stress, Just Invest
- Other episodes on how our portfolios are assembled
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In the spirit of reconciliation, Equity Mates Media and the hosts of Get Started Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.
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Get Started Investing is a product of Equity Mates Media.
This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional.
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