In this Australian Finance Podcast episode, your hosts Owen Rask and Gemma Mitchell wrap up the ETF mini-series by showing you exactly how to get started. After learning what ETFs are, how they work, how to research them, and how to build a portfolio, this episode turns knowledge into action with a simple step-by-step guide.
They cover
- What you need to start investing in ETFs
- How to place your first trade
- How to build a long-term investing habit
- What to expect once you’re invested If you like this Australian Finance Podcast episode on ETFs, you’ll love our series.
Topics Covered
- What you need to begin investing:
- Brokerage account (HIN vs custodial)
- Micro-investing apps vs traditional brokers
- Bank account setup
- How to place your first ETF trade (step-by-step overview)
- How much money you need to start (and why small amounts are okay)
- Micro investing explained
- Ongoing strategy:
- Regular investing (dollar-cost averaging)
- Long-term investing vs short-term trading
- What to expect as an investor:
- Market ups and downs
- Staying consistent through volatility
- What to do after you invest:
- Updating your share registry details
- Understanding your tax responsibilities
- What is a DRP (Dividend Reinvestment Plan)?
- DRP pros and cons
- Building confidence and taking action
