I invested in shares for the first time this week: hereâs how I did it
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May 8, 2021 â 11.00pm
May 8, 2021 â 11.00pm
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Amid ultra-low interest rates, hundreds of thousands of Aussies are dipping their toe into the sharemarket for the first time, in search of a higher return on their savings.
This week, I joined them. And because I know you love details, let me walk you through exactly how I did it.
Credit:Dionne Gain
Decide a plan for your money
Donât just go throwing your money into the sharemarket on a whim. Take time to think about what time horizon you have to invest and the possible alternative uses of your money.