Taking the plunge: Everything you need to know before investing in shares
Did you know that more than 6.6 million Australians, or about one-third of our adult population, own shares or other listed investments?
This is a huge increase from just a few decades ago, helped along by new tech and, partially, the COVID-19 pandemic, which resulted in a number of cashed-up individuals stuck at home with nothing better to do.
But even with the worst of the pandemic behind us, it’s estimated nearly one million more people intend to take the plunge and start investing within the next 12 months. Perhaps you’re one of them? If so, have we got the podcast for you!
Money editor Dominic Powell and senior economics writer Jessica Irvine are hosting the new podcast It All Adds Up.Credit:Dominic Lorrimer
This week’s episode of The Age and The Sydney Morning Herald’s new podcast, It All Adds Up, is the first in a three-part series where we’ll cover all the ins and outs of investing in the stock market so you can become a very wealthy financial genius like Warren Buffett (no promises).
First up are the absolute basics, including what a share even is, why you’d even want to buy one in the first place, and all the different shapes and sizes they come in. We also touch on ETFs (not NFTs) and why they’ve become an increasingly popular choice for first-time investors.
And, as always, if you’ve got a burning question you’d like answered as part of our reader question segment, shoot it through to ita[email protected], and we might even talk about it next week.
You can listen to this week’s episode on all major podcast players, including Apple Podcasts and Spotify.
It All Adds Up is sponsored by Trilogy Funds.
- Information given in this podcast is general in nature and is not intended to influence listeners’ decisions about investing or financial products. They should always seek their own professional advice that takes into account their own personal circumstances before making any financial decisions.
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