Day 1: Four investing fears and how to overcome them
People are often worried about losing money or don’t know where to start. You’ll learn about 4 common investing fears and explore why it may not be as complicated or as risky as it looks.
Day 2: Investing vs. speculating and how your brain works
Investing that minimises your chance of losing money takes discipline. Unfortunately, our brains often drive us to do things that might not make logical sense – but make perfect emotional sense. You’ll learn some of the ways you like to trick yourself and the 5 behaviours of a disciplined investor.
Day 3: Four common ways to invest
Making the right kinds of investment choices means understanding what to expect from different types of assets classes and how risky each one is. You’ll learn about 4 different asset classes and how they can support your investment goals.
Day 4: How to build a portfolio
Building a portfolio to manage your risk is one of the most important things you can do. You’ll get an introduction to diversification theory and learn 4 ways to allocate assets to meet your investment objectives.
Day 5: The magic of compound interest
Compound interest is one of the most important concepts of disciplined investing to understand. You’ll learn how this powerful effect can dramatically impact your investment outcomes over long periods of time and why starting now is better.
Day 6: Building your investment habit
A disciplined investing habit is one of the best ways to withstand the risks of trying to “time” the market. You’ll learn how dollar cost averaging is a great way to build your portfolio cost effectively over time.
Day 7: Making your first investment
Now you understand how to be a disciplined investor, it’s time to make your first investment. You’ll explore 3 different options and a simple way to get started, that’s easy, fast and low cost.
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