Whether it's the finance report on the nightly news, articles about first-time investors jumping into the sharemarket in droves, or Financially Independent, Retire Early (FIRE) enthusiasts blogging about ETFs, shares get a lot of publicity.
Rightly so - they've been the making of many a fortune. Maybe you've been thinking about joining in the fun yourself!
But like all investments, there's no one-size-fits-all solution when it comes to investing in shares. It can also be overwhelming sifting through all the information online to work out what advice to follow and what to ...take with a grain of salt (stonks, anyone? 😉)
You need to know how shares work before you can decide how shares might work for you.
Money School's short course Investing Basics: Shares 101 can help.
We created Investing Basics: Shares 101 for people who:
...wish they knew about shares but don’t know where to start learning.
...think they’d like to buy some shares, but feel confused and overwhelmed as to how it’s done.
...hear common advice like ‘Buy blue chip shares!’ or ‘Purchase ETFs!’ and think ‘WTH does that mean?’
...want to build their financial knowledge so they can make their own financial decisions.
Do NOT buy this course if you are:
...looking for specific recommendations on which shares to buy, or how many to buy, or which trading platform to use. We don’t make them.
...interested in short-term trading strategies. We don’t cover them in any depth.
...looking for a software package or system to guide your trading, or do it for you. We wouldn’t touch that stuff with a very long pole.
The course is one hour of videos, spread over eight lessons.
In it, you’ll learn:
1. The advantages and disadvantages of shares – what can go wrong, and what can go right.
2. The mechanics of buying a share – trading platforms, placing a buy order.
3. What’s meant by the four common adages we hear about shares:
- Buy blue chip,
- Diversify,
- Choose index funds, and
- Invest ethically.
The course is 100% self-paced, pre-recorded online content.
After purchase, all the materials are there for you to watch as quickly – or as slowly – as suits you.
You’ll have access to the course for 12 months from purchase, which is plenty of time to slot in watching eight videos totalling one hour of viewing.
We’ve kept this one cheap and cheerful: it’s a A$9 investment, including taxes and fees.
Whether you plan to buy shares next week or next year, it’s important to get some knowledge before you launch in.
Get those basics covered, so your chances of making sound financial decisions are better.