Quick Tip - Buying Your First Share
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A Quick Tip from Doug Morris from Sharesight about making your first share purchase and using it as part of your learning experience. Only invest a small amount and then read everything you can about the company. The companies he mentions are all US stocks but the same lessons go for companies on the ASX.
"Look for a company you\'re familiar with, that you use on a daily basis. Is there a statement from a trained analyst saying the value of this company is x and the shares ought to be trading at y? That might be a company you should consider investing in."
Portfolio tracker Sharesight tracks your trades, shows your true performance, and saves you time and money at tax time. Get 4 months free at https://www.sharesight.com/au/sharesforbeginners
Disclosure: The links provided are affiliate links. I will be paid a commission if you use these link to make a purchase. You will also usually receive a discount by using these links/coupon codes. I only recommend products and services that I use and trust myself or where I have interviewed and/or met the founders and have assured myself that they\\u2019re offering something of value. Shares for Beginners is for information and educational purposes only. It isn\\u2019t financial advice, and you shouldn\\u2019t buy or sell any investments based on what you\\u2019ve heard here. Any opinion or commentary is the view of the speaker only not Shares for Beginners. This podcast doesn\\u2019t replace professional advice regarding your personal financial needs, circumstances or current situation.
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