First Step to Investing is Choosing a Broker A broker is where you place all your trades! They are basically the middle man, and while it used to be a man (or maybe woman but probably not), brokers are now all online platforms where you can place trades at any time of the day. TheyContinue reading “Step by Step Guide to Investing”
Category Archives: Investing
Things to Look For When Choosing an ETF
An Exchange Traded Fund (ETF) is a great way to get instant diversification with just one trade, and is perfect for the passive, long term investor. ETF’s have only continued to become more and more popular, and for that reason the number of ETF’s have grown considerably. There are ETF’s for whole markets (AU, US,Continue reading “Things to Look For When Choosing an ETF”
Delayed Gratification
“Good things come to those who wait” Many of us have probably heard this quote before, and it is basically just describing delayed gratification. We will explore more below. Instant Gratification As humans, we are designed to always choose instant gratification. We very much live in the present and will almost always want to doContinue reading “Delayed Gratification”
What does CHESS Sponsored Mean?
CHESS stands for: Clearing House Electronic Sub-register System. CHESS is the computer system responsible for settlements of trades. When you buy or sell shares, the title or legal ownership of those shares are exchanged for money, and this is called the settlement. Therefore CHESS is responsible for effecting these trades, or effecting the settlement. CHESSContinue reading “What does CHESS Sponsored Mean?”
How I Invest
I thought this week would be a great time to share how I invest. Before I dive into the post I just want to say that this is in no way financial advice, this is just what I do based on what works for me. I just want to show you an example of aContinue reading “How I Invest”