When you listened to the news (5.8.2024) and heard the ominous words “ASX closes down 3.7% in worst two-day performance since 2022, some will panic while others recognize this as one of the fluctuations of share market price. It is never an easy call when people worry that this may be the start of another share market crash. I believe Getting Started Investing will provide you with all the information you need to make sense of the share market and stop all the worries that come with investing in the share market in volatile times. It will calm the nerves and give you confidence.
Alex Renehan and Bryce Leske, known as the Equity Mates started a podcast back to 2017 and then launched a second podcast , Get Started with Investing to complement the first podcast. You can now read the story of their journey and gain valuable insights into the world of investment in shares.
Many people have this false impression that you can “Get Rick Quick” or on the end of that spectrum is another false impression that it is “All Too Hard”. Both impressions are incorrect.
This book will give you a much better understanding, as the authors say:
Investing is a lifelong journey, and we hope that “Get Started Investing” will give you the confidence and inspiration to start that journey today.
One important message from the book is that you should be an investor rather than a trader unless you have a specific skills set and have the time to dedicate to share trading. Most just want to invest their money wisely so that their wealth will continue to grow and provide them with financial independence in the future. Investing long term in good quality companies is a popular choice for many.
I believe that reading this book will give you the confidence to understand the ways in which you can invest. It removes all the jargon and hopefully will let you sleep peacefully next time you hear a news flash about falling or rising share prices.
Glenis Phillips SF FIN – Good Financial Reads
Disclaimer: Financial Mappers does not have an Australian Services License, does not offer financial planning advice, and does not recommend financial products.