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- Investing 101 - Australia đŠđș
Investing 101 - Australia đŠđș
This is a guide for those in Australia
0 Introduction
So, many people have asked me about investing - despite me being an absolute novice in this game. I think I just give the illusion of intelligence because I like talking about money so much. In any case, what I have done is spend hundreds of hours researching and investigating ways to make money. At the very least, I can share what Iâve learned and the resources Iâve collected. This guide is primarily for my friends & family in Australia but I hope whoever stumbles upon this gets some value from it.
If youâre reading this guide, youâve heard friends and family talk about stocks, bonds and various financial instruments - and you thought - âIâm an adult. Should I be doing that?â In short - yes, you should but you should be lazy and inattentive about it. In my opinion, as a prudent investor, itâs your job to set up systems and allow them to run for the rest of your life, whilst you focus on more interesting aspects of life. However, if you - like me, find the subject of money absolutely interesting and want to maximise your returns, I can share some resources for that too.
I have not included property in this because I havenât touched that space and I donât understand it! If someone wants to help teach me and write the section - hit me up! If thereâs anything else Iâm wrong about or you think I could do better, please tell me.
Contents
0 Introduction
1 High Yield Savings Accounts
2 Stocks & Shares
3 Bonds
4 Cryptocurrency
5 Alternative Assets
6 Portfolio Construction