Why Every New Investor Should Start With ETFs
Description
ETFs are a fantastic starting point for new investors. One purchase of something like VGS, the Vanguard Global Share Fund, gives you instant exposure to 1,300 global businesses at a very low cost. That is hard to beat for diversification.
But as your portfolio grows, direct ownership in individual businesses adds something ETFs cannot. Knowing what you own and why, following announcements, reading quarterly reports. That builds real conviction and confidence as an investor.
Start broad with ETFs. Then get curious about the businesses behind them.
General Advice Only. Robert Goudie is an Authorised Representative (No. 235974) of Consortium Private Wealth Pty (AFS Licence 495401).
The information provided in this article is general in nature only and does not constitute personal financial advice.