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Introduction

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These days more people than ever before have an interest in the sharemarket. It is easier and cheaper to buy and sell shares, there is more information about the market and most of us have a stake in the performance of the market through our superannuation funds.

So, if you are reading this introduction, you too have probably decided that you want to know more about investing.

But where to start?

Starting Out in Shares the ASX Way is a good place to start because for more than 30 years the Australian Securities Exchange (ASX) has been educating people starting out in the world of investing.

You may not know:

• what a share is

• how the sharemarket operates

• how to buy and sell

• what you need to have ready before you get in touch with a stockbroker.

We will walk you through all this and a lot more as well.

People often get a bit overwhelmed about investing in the sharemarket because, for many, it is unfamiliar territory with unfamiliar language. We will try to avoid jargon as much as possible, but we will explain terms to you that you are likely to encounter when you step into the world of investing.

Part I of the book intends to get you thinking about why you want to invest, what your objectives are and the various choices you have. We go into detail about how to buy and sell shares and how the market operates. In Part II we get into the nitty-gritty of having a balanced portfolio and how to set up an investment strategy.

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By the end of the book we hope you have a good overview of the basics of investing and can confidently take your next steps in your investment journey.

Starting Out in Shares the ASX Way

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