Starting With Shares. Roger Kinsky
147
148 148
149 149
150 150
151 151
152 152
153 153
154 154
155 155
156 156
157 157
158 158
159 159
160 160
161 161
162 162
163 163
164 164
165 165
166 166
167 167
168 168
169 169
170 170
171 171
172 172
173 173
174 174
175 175
176 176
177 177
178 178
179 179
180 180
181 181
182 182
183 183
184 184
185 185
186 187
187 188
188 189
189 190
190 191
191 192
192 193
193 194
194 195
195 196
196 197
197 198
198 199
199 200
200 201
201 202
202 203
203 204
204 205
205 206
206 207
207 208
208 209
209 210
210 211
211 212
212 213
213 214
214 215
215 216
216 217
217 218
218 219
219 221
220 222
221 223
222 225
223 226
224 227
225 228
226 229
227 230
228 231
229 232
230 232
Starting with SHARES
A BEGINNER'S GUIDE TO SHAREMARKET SUCCESS
Roger Kinsky
First published in 2022 by John Wiley & Sons Australia, Ltd 42 McDougall St, Milton Qld 4064 Office also in Melbourne
Typeset in Liberation Serif 11pt/14pt
© John Wiley & Sons Australia, Ltd 2022
The moral rights of the author have been asserted
ISBN: 978‐0‐730‐39516‐4
All rights reserved. Except as permitted under the Australian Copyright Act 1968 (for example, a fair dealing for the purposes of study, research, criticism or review), no part of this book may be reproduced, stored in a retrieval system, communicated or transmitted in any form or by any means without prior written permission. All inquiries should be made to the publisher at the address above.
Cover design by Wiley
Cover Image: © Miloje/Shutterstock
Illustration sketches and concepts by Roger Kinsky
Illustrations by Delia Sala/Wiley
Disclaimer The material in this publication is of the nature of general comment only, and does not represent professional advice. It is not intended to provide specific guidance for particular circumstances and it should not be relied on as the basis for any decision to take action or not take action on any matter which it covers. Readers should obtain professional advice where appropriate, before making any such decision. To the maximum extent permitted by law, the author and publisher disclaim all responsibility and liability to any person, arising directly or indirectly from any person taking or not taking action based on the information in this publication.
Introduction
Australians have traditionally been interested in shares as a viable way of investing over the longer term and also making profits in the shorter term. Share ownership is ever growing and a recent study showed that about 6.6 million Australian adults, or 35 per cent of the population, own shares. In the past, share investing was often seen as the domain of males, but more recently there's been a growing trend for women to get involved and nowadays almost half our share investors are women. At the same time, there's been an emerging trend for younger people to get into shares. Investors today are also growing more interested in a wider diversity of shares in different asset classes, including international shares. In short, Australians from all walks of life are becoming more involved with a wider variety of shares.