|
Description:
|
|
Hi friends, this episode is longer than usual but we promise it's worth it! Today on the show we are tackling the question...
HOW, WHY AND WHEN SHOULD I START INVESTING IN THE SHARE MARKETS?
With the recent rise of new investing platforms in both New Zealand and overseas, we're seeing more and more people starting to dip their toes in the share market waters and give investing a go. But how do you know a) where to start, b) why even start and c) how to start? Let's dive in.
What's in the episode? Today we go through the 101 of investing in the share markets. We explain the what, why, where and the how…as well making a commitment to de-jargon any finance lingo that we come across during the discussion. Part 1 of a two part series because who knew investing chat could be so lengthy (we did). Specifically, we cover: - What the share markets are and how they work
- Whether you should just invest in what you know...i.e. property and cash
- The property vs shares debate with some great stats to sway you in either direction
- What a share market index is and how it came to life
- Why you should invest in the share markets, including all the pros and the cons
- How to know when you're ready to start investing in the share markets
- And when you are, the 4 key steps to actually get started investing in shares
- Bonuses include: understanding the difference between an ETF and Index Fund and the difference in active and passive investment strategies
Yikes - no wonder this one's a bit longer than usual. So friends, whether you consider yourself a total investing newbie or a shares old-timer, grab a coffee, hit the gym or start your commute and enjoy today's discussion.
P.S - Part 2 coming soon...
If you're keen to check out more head to https://itsnosecret.co.nz/9
SUBSCRIBE or FOLLOW It's No Secret, wherever you listen to podcasts and never miss an episode. Apple Podcasts - Spotify
If you enjoyed today's show, we'd LOVE for you to rate & review on Apple Podcasts and share your favourite episode with a friend or family member.
Join the conversation on: Instagram @itsnosecretnz Linkedin |