At Equity Mates Media, we’ve got two podcasts designed to help new investors and those who are yet to get started. Here’s what we’re chatting about this week…
This week on Get Started Investing, we chat about why investing is not like gambling. Here at Equity Mates, we think intelligent and considered investing is a better decision any day of the week. Bryce and Ren chat through their top 4 reasons why, and add 2 bonus ideas in for good measure.
[Listen to the episode here]
Maddy and Sophie from You’re In Good Company chat cybersecurity today after a bad few months of cyber attacks.
As we become more interconnected with devices, the risk of cybersecurity attacks is increasingly rapid – so it begs the question, is there an investment opportunity in cybersecurity?
[Listen to the episode here]
Hey, this got us thinking
We found some pretty sobering stats last week on Australians and gambling. According to the Australian Institute of Health and Welfare, Australians lose more than $25 billion per year to gambling.
That is the largest per capita loss in the world. And it comes to about $1,300 per person every year (the average).
That’s a lot of money to lose on gambling.
But remember, investing is not like gambling at all (unless you really don’t do any due diligence!)
Here’s why investing is not like gambling
– Investing is done best over the long term. Gambling is a short-term activity.
– By investing, you become a part owner of a business. Gambling provides no ownership of anything.
And a beginner’s tip for the week…
To finish off, we like to share an article that provides some useful tips or insight to help you invest.
This week’s article is written to help build your investing confidence.
It provides four practical and achievable ways to build wealth and confidence:
– Consider dollar cost averaging
– Make saving automatic
– Diversify your investments
– Think long term
FYI
A resource that we’re continuously building is our book recommendations page.
Over the Equity Mates journey so far, we’ve had hundreds of expert investors join us on the show. And each time we interview them, we ask for a book recommendation that helped them.
Some of them are investing specific, others are business-based and some are just great all-round reads. You can check out the book recommendation list here.
And Finally
If you missed out on FinFest this year, don’t worry! We’ve been releasing the recordings of each session on our YouTube Channel. There is so much amazing content on there.
If you want to register your interest for next year, this is the place!
This is an excerpt from our Get Started Investing Newsletter email. Once a week, for those , we’re featuring some of the most interesting content we’ve come across in this weekly email. No spam, we guarantee.