Jess has officially started investing! After months of setting goals, learning the ropes and building confidence- she’s finally started a portfolio of well diversified index ETFs.
But now she’s wondering…what’s next?
Should she look at buying stocks too? Thematic ETFs? Once you've got your foundation in place, how do you build upon it without turning your portfolio into a random collection of ideas you heard online?
So Jess sat down with Host and Financial Advisor at Rask, Gemma Mitchell, to find out about the core-satellite approach to investing. And it might just be the perfect way to keep on track with her goals and have fun with her portfolio at the same time.
Plus she speaks to community member Alex about how he took things up a notch after setting up a very similar ETF portfolio to Jess.
Chapters:
00:00:00 Intro
00:02:22 What is portfolio construction?
00:05:23 Core vs satellite explained
00:07:36 What can go in a satellite
00:10:01 Fitting a satellite into your DCA strategy
00:14:43 Why we get bored of passive investing
00:16:22 How much is too much satellite?
00:19:27 Using bonuses for satellite buys
00:21:53 Alex's story: building beyond the core
00:25:00 Alex's three satellite buckets
Links mentioned in this episode:
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Thanks to Betashares Direct for sponsoring this series and helping us keep our content free.
If you've been listening along thinking 'okay, I'm ready to start', this is your sign.
Betashares Direct is giving Jess Gets Investing listeners $25 to invest in Betashares ETFs and portfolios.
It's an easy way to test the platform, see how it feels to own a piece of the market and get past the bit where you're just thinking about investing instead of doing it.
Enter JESS25 once you sign up at betashares.com.au/direct (the redeem a code section is in account settings)
Betashares Capital Ltd (ABN 78 139 566 868 AFSL 341181) is the issuer of the Betashares Funds, as well as Betashares Invest, the IDPS-like scheme available via Betashares Direct. Read the relevant Product Disclosure Statement and Target Market Determination, available at www.betashares.com.au, before making an investment decision. This information is general in nature and doesn’t take into account any person’s financial objectives, situation or needs. You should consider its appropriateness taking into account such factors and seek professional financial advice. Customers are not permitted to participate in more than one Betashares offer, promotion or incentive at the same time. If you are currently participating in, or have accepted, any other Betashares offer, you will not be eligible for this offer unless expressly stated otherwise. The $25 will expire in 60 days from receipt if not used to make an investment.
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In the spirit of reconciliation, Equity Mates Media and the hosts of Get Started Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.
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