Start Investing

Start Your Wealth Journey: How to Begin Investing and Achieve Financial Success

Welcome to the exciting world of wealth creation! If you’ve ever wondered how to start investing, especially in stocks, you’re in the right place. At Wealthwise Education, we believe that everyone can embark on a journey to financial prosperity regardless of the amount of money they have. We aim to guide you through learning how to trade stocks, invest in funds, and ultimately achieve your investing goals.

Trading Strategies

The right trading strategy can be crucial in helping you achieve your financial goals. Your strategy is a plan of action that will guide you through choosing the suitable investments for your financial situation, goals and risk tolerance. A strategy is not a dogmatic list of what to do and what not to do but rather intended to guide investment decisions, and tailoring it to your circumstances is essential.

One overall strategy that you may follow is value investing. Essentially, this involves identifying undervalued shares on the stock exchange and investing in them. Also, it focuses on investments with high growth potential, which in turn makes for a more likely return.

Another strategy that is popular in today’s social climate is investing according to environmental, social and corporate governance (ESG) principles. This is known as ESG or ethical investing. It involves taking into account the social, environmental, and cultural factors of your investing when making decisions. For example, the way Coles or Woolworths treat their workers while posting record profits may cause you to hesitate to invest in them due to their corporate culture.

Ultimately, the right investment strategy will vary from investor to investor. An active strategy requires more input from you, the investor, whereas a passive strategy will require less. Regardless of which strategy you decide to employ, there are some basic investment strategies you can follow to optimise your journey.

  • Consistently contribute: Cultivate the routine of regularly allocating funds for investment purposes. This establishes a consistent pattern, fostering the potential for enhanced long-term gains.
  • Promote diversification: Embrace the strategy of spreading investments across various market sectors and asset classes. This serves as a safeguard against market volatility.
  • Adopt a prolonged investment horizon: View investing as a strategy for future financial stability rather than a quick path to wealth. Holding onto investments for an extended period allows for the compounding of returns over time.
  • Pursue continuous learning: Ensure a solid understanding of your investment portfolio. While comprehensive knowledge may not be acquired overnight, strive to progressively expand your expertise, ultimately contributing to the growth of your wealth.

Learn Share Trading

The first step in share trading is to open a brokerage account. This will enable you to buy and sell shares and ETFs. These accounts are offered through companies like nabtrade, CMC Markets PLC, CommSec, or Selfwealth Ltd. The process of opening a brokerage account is a relatively simple one. Funding your brokerage account is as simple as using BPAY or bank transfers.

The next step in learning share trading is to determine which kind of brokerage account suits you best. For those investors who are just starting out, this means the choice between full-service and discount brokerage accounts, with the primary consideration being how much additional support you feel you will need. If you want easy access to research on different companies, an investment plan tailored to your needs, or the opportunity to get the early track on investments, then a full-service account is the way to go.

Alternatively, if you want to be more in control of your investments and intend to teach yourself about the field without the help of a broker, then a discount or online platform may be a better fit for you.

Understand Your Investment Options

After establishing a brokerage account and researching some shares, it’s time to make the crucial decision – what to buy. Here are some tried and true investment tips for beginners:

  • Opt for a long-term investment approach: Historical data indicates that the stock market typically yields an annual total return of around 10%. However, short-term fluctuations are common, even in stable companies. Predicting near-term market movements is challenging due to daily share price variations.
  • View market downturns and corrections as investment opportunities: Although witnessing a decline in the value of your investments can be unsettling, market crashes present optimal long-term prospects. When investing for the long run, consider share market corrections and crashes akin to a sale at your favourite store. If everything suddenly went on a 25% discount, you wouldn’t panic, and the same principle applies to the share market.
  • Don’t hesitate to sell if circumstances change: While long-term investing is advantageous, it only mandates holding onto every share for a while. Stick with companies aligned with your investment strategy, but be open to reevaluation if circumstances shift.
  • Avoid investing in unfamiliar businesses: Resist the temptation to invest in trendy, media-hyped companies, especially if you need more experience. Investing in companies you know and trust, those you interact with regularly, is wiser. If you can’t succinctly explain a company’s operations, revenue model, and growth potential, consider whether it’s a suitable investment.
  • Resist herd mentality: Emotions often influence investment decisions. Despite the common knowledge of buying low and selling high, the desire to follow friends or react impulsively to market news can lead to better performance. Overcoming the instinct to make emotional investment decisions is crucial for long-term success in the market.

Remember, every investment carries risk, and understanding each option is crucial for aligning with your goals.

How to Invest in Stocks

Once you’ve grasped the basics, it’s time to explore how to invest in stocks. Whether you’re analytical, prefer a less active approach, or seek a hands-off experience, there’s a strategy for you.

  • Individual Stocks: Research and evaluate stocks regularly if you have the time and desire.
  • Index Funds: Track a stock index like the S&P 500, offering low-cost and reliable long-term performance.
  • Robo-Advisors: An increasingly popular option for hands-off investors, robo-advisors manage your portfolio based on your goals and risk tolerance.

Remember, there’s no one-size-fits-all approach. Your investment journey should reflect your preferences and financial goals. At Wealthwise, our Invest for Success course helps you to learn how to trade stocks and start on the journey towards financial freedom.

Continue Investing for Extraordinary Results

As Warren Buffett wisely said, you don’t need to do extraordinary things to get extraordinary results. The key to success in the stock market is patience and consistency. Buy shares of great businesses at reasonable prices and hold onto them.

At Wealthwise Education, we’re committed to helping you navigate the investing world. Whether you’re just starting or looking to enhance your skills, we’re here to guide you on your path to financial success. Join us, and let’s start building your wealth today!

Ready to take the first step? Enroll in our Invest for Success course and unlock the doors to a financially prosperous future! Your journey to wealth begins here at WealthWise Education.

Enrol now and secure your financial future with us! Call us today at (02) 9488 9900 or email us at info@wealthwiseeducation.com.

Registration Form

    Minimum Attendees Required:
    Please wait for Wealthwise Education to confirm by email the venue details prior to booking flights and accommodation.

    Cancellation & Refund Policy:
    Should you be unable to attend, a substitute participant is always welcome. A 50% refund will be given to cancellations received in writing more than 10 days prior to the event. No refund will be given for cancellations received within 10 days of the event. All changes to registrations must be received in writing.

    Express Your Interest

      What Our Graduates Think

      I've attended many programs with Wealthwise Education over the years and can attest to the integrity of the company and it's co-founders David Novac and Kate Sheehan. No hype, just loads of support and relevant information on various trading methodologies, technical and fundamental analysis, risk management and personal psychology. With all the 'noise' in the stock market training space today, I listen to and trust Wealthwise Education as my first choice. The education, support and community they have provided has been invaluable to my confidence in my trading know-how and personal growth. Thank you David and Kate.

      Susan R – Invaluable Education, Support & Community

      'Super Traders' week long workshop is an excellent way to increase confidence and experience in taking trades and repairing them to minimise risk in the event your view of the market changes. All this in a supported and supportive environment with like minded people.

      Bridget McG – Business Owner – on increasing confidence in option trading

      'Advanced Options Trading' is an awesome Wealthwise course. Thanks David & Kate for your generosity and patience in teaching me a formidable tool set for trading options.

      Tim W – Lawyer – on a formidable tool for options trading

      I knew very little about the stock market before attending the 'Invest for Success' course. I found the course excellent for improving my skills and knowledge. It was straight forward and easy to understand. I now have a new view of the stock market and increased confidence to invest in shares.

      Teagan R – on improving skills & knowledge

      Attending 'Advanced Option Trading' was a great opportunity to learn from option experts. Experts in the field but also great teachers. These two skill sets don't always go together. A unique opportunity - unmissable!

      Sue M, Retired Investor on learning from option experts

      I got outside my chaotic, noisy head into an organised, systematic and easy to follow Wealthwise methodology. Great for busy people like me. 'Invest for Success' is fantastic to build knowledge & confidence. It has saved me years of working out a lot of things ... a light bulb moment!

      Shiree G., Medical Sonographer on Wealthwise methodology

      David is a great teacher who is very generous with his knowledge. He is always happy to help with questions. Enjoy catching up each time and will be back again!

      A. Brabin, Analyst

      Invest for Success’ is the first step towards understanding a company’s financial position in relation to its share price. The skills learnt in the course will allow you to find good value in the market place. Excellent! Understanding the fundamentals of a stock also helps me to better trade the charts.

      Will B., Agronomist

      Excellent day spent with an expert who can demonstrate how to find value. With this knowledge it is now up to me to do the research, but now with a better understanding on finding value. Today reminded me why this is important knowledge – I want my life back and to be in control!

      David O, Company Director

      Why Wealthwise Education?

      • We do not feed on hype and your emotions and promote ‘Quick Rich’ strategies
      • Our courses are reasonably priced
      • Our class sizes are small
      • We offer graduates on-going support beyond the courses
      • Wealthwise courses are based on the lessons learned by David Novac over his 30 years in the markets
      • Personalised attention and high care factor
      • 20 years teaching stock market education
      • Direct contact with co-founders
      • We teach both shares and options
      • We teach both technical and fundamentals