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Australian Finance Podcast
10 years of SHARE investing: here’s what we've learned
Sep 16, 2024
Kate, an author focusing on the link between finance and happiness, and Owen, a share investing expert running a free Value Investor Program, dive deep into their 10-year investing journey. They share valuable lessons learned from their experiences, including the importance of diversification and a long-term mindset. Discover their insights on the emotional challenges of investing versus gambling and why understanding fundamentals beats focusing on share prices. Their strategies emphasize starting small and the power of ongoing education in achieving financial success.
55:27
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Quick takeaways
- Diversification through low-cost, broad-based ETFs is essential for managing risks and promoting long-term wealth growth in investments.
- Emotional control is crucial when investing in individual shares due to their volatility, contrasted with the stability of ETFs.
Deep dives
The Importance of Diversification in Investing
Diversification is crucial for managing investment risks and growing wealth effectively. Utilizing low-cost, broad-based ETFs serves as foundational building blocks for creating a diversified investment portfolio. Core ETFs like AAA, A200, and NDQ cater to various investment strategies by providing access to high-interest cash, a selection of Australian shares, and NASDAQ 100, respectively. By maintaining a diversified portfolio, investors can mitigate the potential negative impacts of a single investment's poor performance.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode