Episode description
Strap in folks! Vince is back and with Glen they share a campfire chat about ETF's and investing, going deeeeeep (1.5 hours deep hehe). The convo touches on:👉🏿what ETF's are, how they came about, the overall concept and the basics of how they work👉🏽some of the terminology you'll hear thrown around in the space and what they mean👉🏻the many options available to you out there, and how to start thinking about which one is right for your situation👉🏾questions around ETF's from the m3 community including:👉Q1: how diversified should you be with your ETF investments?👉🏿Q2: what platforms and brokers can you use to buy ETF's and what are the differences?👉🏻Q3: how to build a solid ETF strategy with so many out there in Australia and globally?👉🏽Q4: ETF's that are tracking the ASX 200 are heavily weighted towards Aussie banks, do you see this as an issue with diversification? Do large amounts of wealth or increased population or popularity of ETF's distort over the value of the individual stocks in these indexes and what are the implications for market efficiencies?👉🏾Q5: Let's say you have $2k in Raiz and $2k in Spaceship - is it more beneficial to have everything in one just for compounding interest?👉Q6: How much would you aim to put into an ETF when you first start?👉🏿Q7: I've heard a lot about VDHG, would be interested to hear if you think it really is set and forget?Here's a link to Glen's Investing Night School that walks you through all the basics of investing: https://education.mymillennial.money/courses/glen-s-online-investing-school
Here's the previous episode around micro-investing apps out there: https://player.whooshkaa.com/episode?id=641788
Check out the previous campfire chat with Glen and Vince around Gamestop: https://player.whooshkaa.com/episode?id=785498
Here's the ASIC Financial Adviser Register: https://moneysmart.gov.au/financial-advice/financial-advisers-register
Check out Glen's Personal Financial Plan to see how he invests: https://bit.ly/glenspersonalplan
Here's the study Glen mentions, 'Trading is hazardous to your wealth': http://faculty.haas.berkeley.edu/odean/papers%20current%20versions/Individual_Investor_Performance_Final.pdf
Get $20 off The Glen James Spending Plan using the code "MAGIC". Link to course below!
For podcast resources, links to our stuff, disclaimers & warnings about this episode + more... check out: https://www.sortyourmoneyout.com/shownotes
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