With savings account rates sitting at a measly average of 3.24% in our database*, it’s no wonder many Australians are taking to the stock market as a way of growing their savings. In fact, according to the latest HSBC investor insights survey^ , over half of Australians are investing consistently using the dollar cost averaging strategy.
With savings account rates sitting at an average rate of 3.20% in our database*, it’s no wonder many Australians take to the stock market as a way of growing their savings. The Australian share market has delivered an average return of 13% per annum since 1900, according to Market Index. Therefore, investing in shares could be a pathway to consider for wealth building.
If you are one of the 1.33 million active online investors* or plan to join their ranks in 2025, a recent number crunch by Mozo’s research team for the annual Mozo Experts Choice Online Share Trading Awards^ reveals that when it comes to brokerage costs it pays to shop around.
Australians are embracing online share trading platforms as advanced technology, increased financial literacy, and competitive pricing reshape the way people invest.
Many young Australians believe investing is out of reach unless you have tens of thousands saved but the reality couldn’t be further from the truth.
Dividends can be a reliable source of income for investors, but they can also be a powerful tool for growing your portfolio. One of the most effective ways to leverage dividends is through dividend reinvestment plans (DRIP) and the concept of a dividend snowball.
One way Aussie investors try to diversify is by investing both locally and internationally. While you may only have access to Australian and US markets in a lot of cases, these both offer a wide selection of stocks and ETFs to choose from. For instance, the US stock market accounts for nearly 60% of the international stock market by size* .
Jargon can be a major hurdle for share trading newcomers, so it's helpful to clarify any confusing terminology. There are a number of acronyms and unusual phrases used within the industry, which can be difficult to understand.
There are lenders out there who will let you borrow money specifically for investing in shares. This kind of borrowing is usually through a margin loan. However, before diving in, it’s crucial to understand that this option comes with considerable risks, and you should seek professional financial advice to navigate the ins and outs.
If you’re considering switching share trading platforms, you’ll likely need to transfer your shares to your new account. There are numerous reasons to make the switch, such as lower brokerage fees, enhanced features like live market data, or access to robo-advice.