Why are Aussies investing in ETFs (and what are they)?
The Morning Edition
English - September 15, 2021 05:28 - 13 minutes - 12.2 MB - ★★★★ - 14 ratingsBusiness News News Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Record low interest rates are driving a radical shift in the way Australians save and invest their money.
With money stashed in the bank earning only about 1 per cent – if you’re lucky – many are turning to the sharemarket, in hopes of higher returns.
One of the ways they’re doing it is via Exchange Traded Funds, or ETFs, which have just celebrated 20 years in the Australian market.
Today on Please Explain, personal finance editor John Collett joins Jess Irvine to discuss.
Subscribe to The Age & SMH: https://subscribe.smh.com.au/
See omnystudio.com/listener for privacy information.
Record low interest rates are driving a radical shift in the way Australians save and invest their money.
With money stashed in the bank earning only about 1 per cent – if you’re lucky – many are turning to the sharemarket, in hopes of higher returns.
One of the ways they’re doing it is via Exchange Traded Funds, or ETFs, which have just celebrated 20 years in the Australian market.
Today on Please Explain, personal finance editor John Collett joins Jess Irvine to discuss.
Subscribe to The Age & SMH: https://subscribe.smh.com.au/
See omnystudio.com/listener for privacy information.