8. Building a portfolio | 12 Steps to Get Started Investing

What is a portfolio? And how do you create one?

Essentially it’s a collection of investments. The financial products you invest in, make up your portfolio.

Importantly, it shouldn’t be random- there are simple principles guide building a portfolio. All to make sure it actually works for you and your goals.

In this episode you will learn:

·      What is a portfolio?

·      What to think about: goal, time horizon, risk tolerance

·      The importance of diversification

·      How we approach our portfolios: Core & Satellite

·      Other ways to construct a portfolio

This is Part 8 of our 12 step series sharing everything we’ve learned about investing to help you get started, or to remind you of why it’s so important.

Chapters:

00:00 Setting a Portfolio Goal

04:02 Time Horizon

06:22 Risk Tolerance

08:22 Importance of Diversification

11:01 Core and Satellite

13:26 Other Ways to Build Portfolios

15:20 What is Rebalancing

17:01 Make it Easy For Yourself

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Want more Equity Mates? Across books, podcasts, video and email, however you want to learn about investing – we’ve got you covered.

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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.

Equity Mates Media operates under Australian Financial Services Licence 540697.

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