Hi guys, I would like to learn more about investments in shares, ETFs etc . Any suggestions about foruns, blogs and FB pages that discuss about how to invest in Australia. Thanks
Investments Tips for Beginners
Lbargainhuntergirl on 07/09/2019 - 11:26
Comments
This. Though there is a sky is always falling tinge to that subreddit.
Tip 1 - don't rely on what you read on some random blog or facebook page, it might be a pyramid scam, or someone trying to pump up the value of something they have a vested interest in
Moneysmart is good
https://www.moneysmart.gov.au/investing/managed-funds/exchan…Your local library should have some resources.
https://www.sl.nsw.gov.au/public-library-services/about-publ…
Hotcopper is pretty popular, lots of older trader/investors there.
1) Don't invest what you can afford to lose
2) Try ETF's or LIC's first, let the pros do their thing until you have more experience. Wilson Asset Management is well regarded in this respect.
3) Don't get sucked in by rampers and dereampers
4) Don't get sucked into 'leveraged' accounts.
5) Do a search on OzBargain for 'investment advice' :)
r/wallstreetbets
If you're new and starting small then have a look at this: $2 Brokerage for Trades up to $1,000 on 7 Selected ETFs @ Commsec Pocket
Google 'Free finance ebook'. Make sure it's got chapters about the time value of money, stock valuation, bond valuation and something about financial statements.
PM me of you like and I will send you through the ebook I used for finance at uni.https://www.moneysmart.gov.au/investing
The Barefoot Investor book is only $19 and is tax deductable.
https://www.finder.com.au/must-read-share-trading-books
https://www.asx.com.au/201108-top-investment-books.htm
https://www.asx.com.au/index.htm# There's an "education" tab and online courses.
Tracey Edwards on YouTube has some basic advice that is in an easily digested format - not everything she says is right but it gives you some ideas.
https://www.youtube.com/channel/UCwL7GQcddxOZFeC2v8qdWoABarefoot invester is about $4 on eBay.
R/ausfinance