Shout out to Felicity for this week's #YOLOyarns question about "building a share portfolio for dummies".
This is one topic we could talk for a lot longer on, but we've managed to keep it to a few minutes!
Andrew, whilst he is very modest about his previous roles, ran the Direct Share business (among others) for one of Australia's largest banks for a number of years. So...you've come to the right spot!
We let AB kick it off and give some of the basics around how to get started. Mas and James then add their 2c (did you know that with some of the apps around these days, you can start a share account with literally that much?!)
Building a share portfolio is a great way to set yourself up for the future, save for larger items such as house deposits, big holidays or children's education, and it can also provide a great passive income stream. Shares can also carry a higher level of risk than some other investment options so tread carefully, and as always if you're not certain which way to turn, seek professional advice.