I'm Not Rich, But Can I Still Be An Investor?

If you didn't grow up surrounded by financial whizzes, investing and the whole concept of the sharemarket can feel really daunting and probably something that's only for people who are already super rich.

But that is not the case; anyone can be an investor and you don't need a lot of cash to get started.

In this episode of The Quicky we speak to two very money-smart women about the practical steps you need to take to increase your wealth in 2022 and beyond, and how to avoid common mistakes often made by first-time investors.

CREDITS

Host: Claire Murphy

With thanks to:

Melissa Browne - Financial expert, author and host of Mamamia's What The Finance Podcast. You can find out more about Melissa's Financial Adulting Plan here

Laura Higgins - Senior Executive Leader, Consumer Insights and Communications at the Australian Securities and Investments Commission (ASIC), and oversees the Moneysmart platform, a Federal Government website that helps Australians take control of their money and build a better life with free tools, tips and guidance.

If you want to check out some of the financial and investment platforms mentioned in this episode, you can follow the links below. Please note we are not endorsing or advocating for any of these and you should always seek your own professional financial advice.

• Moneysmart's guide to understanding Exchange Traded Funds (ETFs)
• ASX Sharemarket Game - Allows you to learn about the Australian sharemarket and how it works without investing any real money
• Pearler - Offers investments, savings, loans and insurance from multiple providers
• Spaceship - Low-cost investment app
• RAIZ - Investment app that rounds up change from everyday purchases to invest in a diversified portfolio
• SelfWealth - A flat fee brokerage service

Producer: Claire Murphy

Executive Producer: Siobhán Moran-McFarlane

Audio Producer: Ian Camilleri

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