Money matters with effie

Shares 101: Over 6 million Australians own shares directly – and two out of five are share market investors. Want to join them? Here’s what you need to know to get started.

Work out what you need When you invest in shares, you become a part-owner of a big business. It doesn’t matter whether the company is Telstra, Qantas, one of the major banks, or a resource giant like BHP, as a shareholder you own a slice of the business – and that’s pretty exciting. Being a shareholder lets you have a say in how a company is being run – if you are prepared to attend the annual general meeting. But for most investors the real appeal of shares lies in the potential to earn extra income without any personal effort. As a shareholder, you can pocket two types of income – dividends and capital gains. Dividends are your slice of a company’s profits. How much you’ll receive depends on how…

You're reading a preview of

The Australian Women's Weekly (Digital) - 1 Issue, April 2022

DiscountMags is a licensed distributor (not a publisher) of the above content and Publication through Zinio LLC. Accordingly, we have no editorial control over the Publications. Any opinions, advice, statements, services, offers or other information or content expressed or made available by third parties, including those made in Publications offered on our website, are those of the respective author(s) or publisher(s) and not of DiscountMags. DiscountMags does not guarantee the accuracy, completeness, truthfulness, or usefulness of all or any portion of any publication or any services or offers made by third parties, nor will we be liable for any loss or damage caused by your reliance on information contained in any Publication, or your use of services offered, or your acceptance of any offers made through the Service or the Publications. For content removal requests, please contact Zinio.