How to invest $500 in Australia (step-by-step)

If you had $500 to invest in Australia every month, where would you actually put it?

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In this live weekly Q&A episode of The Australian Finance Podcast, Owen Rask and Gemma Mitchell break down their top strategies for investing $500/month in Australia today.

Whether you're starting from scratch or looking to automate your wealth-building habit, we share practical ways to construct a sensible, low-cost portfolio designed for the long haul.

What we cover in today's investing episode:

- The $500 Portfolio Pick: Owen and Gemma reveal where they’d invest $500 right now.

- Dollar-Cost Averaging (DCA): Why regular, fixed investments beat trying to time the market.

- The Math of $500/Month: How small monthly amounts compound into long-term wealth over 10, 20, and 30 years.

- Sensible ETF & Index Strategies: How to keep brokerage low and diversification high.

- Live Community Q&A: Answering your pre-sent and live chat questions on money, stocks, and personal finance.

Episode resources

– Buy Gemma’s book “The Money Reset”