When it comes to investing in the unpredictable (and sometimes downright crazy) world of share markets for the first time, there are quite a few things to consider before taking the plunge.
What are you going to buy, and how much? What broker will you use? What happens if I suddenly need to sell? Am I going to make a lot of money and be very rich?
Thankfully, we’re here to answer (some) of those questions and help you decide if you’re ready to buy shares for the first time with a new episode of The Age and The Sydney Morning Herald’s podcast, It All Adds Up.
Money editor Dominic Powell and senior economics writer Jessica Irvine are hosting the new podcast It All Adds Up.Credit:Dominic Lorrimer
If you tuned in to last week’s episode, you would have caught the first part of our three-part series about how to invest in the share market for the first time, covering the basics such as what shares are, why you might want to buy some, and the different forms they come in.
This week, we’ve turned our sights on the ten key things you should think about before making your first buy. It’s in no way an exhaustive list, and everyone has their own circumstances to consider, but it should help kickstart your thinking.
And, as always, we answer this week’s listener question about credit scores and Jess provides her budget tip of the week (this one’s about trash). Have a listen to this week’s episode on all major podcast players, including Apple Podcasts and Spotify, and don’t forget to send in questions of your own to firstname.lastname@example.org.
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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