Micro-investing [#212]

Interested in the idea of investing regularly, but don’t have tons of cash to contribute? Micro-investing could be the solution.

This week on the Friends With Money podcast, Money’s Tom Watson is joined by Kylie Purcell, investments analyst at Finder, to run through the ins and outs of micro-investing. They discuss:

How micro-investing differs from traditional investing
The major micro-investing apps and platforms in Australia
Which assets investors can trade on micro-investing platforms
Some of the benefits and downsides of micro-investing
Micro-investing fees and the impact on returns

#friendswithmoney #tomwatson #kyliepurcell #microinvesting

00:00 Introduction to Friends With Money Podcast
00:28 Diving into Micro-Investing
01:21 Understanding Micro-Investing
02:44 Popular Micro-Investing Platforms in Australia
04:23 Assets Available for Micro-Investors
05:38 Pros of Micro-Investing
08:17 Cons of Micro-Investing
12:35 Impact of Micro-Investing Platforms
14:55 Conclusion and Farewell

Listen on Apple Podcasts: https://apple.co/3mV0Cbr
Listen on Spotify: https://spoti.fi/3fSPI2h
Website: https://moneymag.com.au
Email: podcast@moneymag.com.au