12 Steps to Get Started Investing

The journey of investing starts now, leveraging the magic of compounding. Millennials should embrace global markets, using tools like ETFs to broaden their horizons. Emotional investing poses challenges, but systematic strategies like dollar cost averaging can mitigate risks. Retirement planning is crucial, emphasizing early and consistent efforts to secure financial stability. Throughout the discussion, the importance of community and shared experiences in investing is highlighted, empowering listeners to take control of their financial futures.

This 12 part series is originally found within Get Started Investing Podcast, which helps beginner investors break down barriers. We cover all the basics you need to start your investing journey. If you like more of this content, listen to Get Started Investing in your preferred podcast app.  *****What does it take to build a great portfolio?This episode we debunk the myth that you need to be an expert to build a great portfolio. The truth is, it's simple, as long as you're dedicated, do your own research and are prepared to have some fun. We discuss the simple building blocks that we think are fundamental to building a portfolio and that are achievable for the beginner.In this episode you will learn: What is an investing portfolioThe 4 pillars for building a portfolio - goals, risk, diversify and allocateImportance of having a strategy or at least end goalHow to set personal investing goalsThinking about riskHow to identify your risk profileDiversifying assets: 5% rule & Perfect portfolioImportance of asset allocation:Do you keep some cash available to put into the market when it drops?How much of your portfolio should be made up of individual stocks vs. ETFs or LICs.For a beginner would a heavier focus on the latter be appropriate?Diversification and rebalancing your portfolio Want more?*****Want more Equity Mates? Come to our website and explore! You’ll find information on our full network of shows, including our Equity Mates Investing Podcast, book recommendations, blogs, news, and more. *****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. *****Get Started Investing is a product of Equity Mates Media. All information in this podcast is for education and entertainment purposes only. Equity Mates gives listeners access to information and educational content provided by a range of financial services professionals. It is not intended as a substitute for professional finance, legal or tax advice. The hosts of Get Started Investing are not financial professionals and are not aware of your personal financial circumstances. Equity Mates Media does not operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given.Before making any financial decisions you should read the Product Disclosure Statement and, if necessary, consult a licensed financial professional. Do not take financial advice from a podcast. For more information head to the disclaimer page on the Equity Mates website where you can find ASIC resources and find a registered financial professional near you.  Get Started Investing is part of the Acast Creator Network.  Hosted on Acast. See acast.com/privacy for more information.

Discover the essentials of buying and selling stocks with practical insights that take you from theory to action. Learn about different types of stock orders—market, limit, and stop-loss—and their strategic applications. Explore the significance of timing in trades and the advantages of dollar cost averaging for long-term success. Uncover the critical signs that indicate when to sell and the importance of maintaining a clear investment thesis. Finally, navigate the emotional challenges of market fluctuations with a disciplined approach to investing.

Discover how to sift through thousands of potential companies for investment. Learn the importance of identifying strong business moats and competitive advantages that signal a good investment. Explore practical strategies to find stocks by observing everyday companies and consumer trends. Understand why you don't need to be perfect in your picks to build wealth and the critical role of management quality in investment success. Embrace the journey of investing and grow your analytical skills along the way!

In this discussion, the hosts tackle the overwhelming abundance of investment information available today. They explore how to sift through data to find quality sources, emphasizing the importance of top-down and bottom-up research strategies. Listeners learn about navigating company information, traditional media, and the rise of internet sharing cultures. The value of accumulating knowledge through books and continuous learning is highlighted, along with the role of gut instincts in making investment decisions.

Dive into the world of investing as the hosts untangle the confusing jargon that often leaves beginners baffled. Discover the difference between bull and bear markets and why it matters. Learn about crucial terms like ETFs and liquidity, and get a grasp on how to read key financial statements like balance sheets. They also discuss CHESS for stock ownership, empowering you to navigate the investment landscape with confidence. By the end, you'll have the tools to demystify any financial term you encounter in the future!

Delve into the essentials of starting your investing journey with a focus on index buying. Discover the power of indexes like the ASX 200 and S&P 500, which simplify market access for beginners. Learn about ETFs and how they allow for diversified and thematic investments with ease. The hosts encourage overcoming psychological hurdles that keep you from investing, while providing insight into essential investing strategies. Step into the world of stocks with confidence and embrace a well-rounded approach to index investing!

Choosing the right broker is the crucial first step for any investor. The discussion highlights how brokerage options have evolved with technology, making it easier for newbies. Key factors include fees, user experience, and access to international markets. Personal experiences shared add a relatable touch, while tips on using comparison tools to find the best fit empower listeners. Overall, it’s all about aligning brokerage services with individual investment goals!

Discover the world of investing as the hosts discuss various asset classes, including cash, stocks, and bonds. Learn how inflation impacts your investments and why simply holding cash isn't a wise strategy. They explore alternative assets, such as commodities and cryptocurrencies, and emphasize the importance of diversification. Get insights into how to make money from dividends and why stocks are a favored asset class. This entertaining discussion equips beginners with the essential knowledge to navigate the investment landscape.

Delve into the essentials of investing, starting with the fundamentals of the share market. Discover what it means to own a share and the dynamics between companies and their investors. Explore different investment styles, including passive and active approaches, and learn how to choose the right one for you. The discussion also highlights value and growth investing, along with strategies like momentum investing, emphasizing the importance of a steady and informed approach to building wealth.