How to start Investing in Australia #investing #australianfinance
Description
If you’re in Aus and want to start investing, it’s actually pretty simple.
If you’re with one of the big four banks, they all have their own brokerage platforms. You can usually just set up a trading account that links straight to your bank account.
If not, just Google Australian broking platforms and compare brokerage fees. Brokerage is just the fee you pay to buy and sell shares.
Over 18? You can open your own account.
Under 18? A parent or guardian will need to set one up in trust for you.
Once it’s set up, you literally:
search the company → hit buy → choose how much → place the trade.
Two business days later, the money settles and you own part of that business.
General advice only.
Amy Lehmann is an Authorised Representative (No. 1292710) of Consortium Private Wealth Pty Ltd (AFS Licence 495401).
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The information provided in this article is general in nature only and does not constitute personal financial advice.