Your $10,000 starter portfolio

Think what $10,000 can buy. A couple of decent family holidays, a second-hand car, or a takeaway coffee every day for eight years. It’s a lot of money (and potentially a lot of caffeine).When it comes to sharemarket investing, though, $10,000 isn’t a huge sum. In fact, it’s probably about the minimum you need to start a share portfolio. Even then you’re likely to break some important rules, such as having adequate diversification.Putting together a share portfolio is an important topic. Whatever your portfolio size, it’s worth reading our special report titled Building and Managing your Portfolio.Key PointsWrite an investment...

Think what $10,000 can buy. A couple of decent family holidays, a second-hand car, or a takeaway coffee every day for eight years. It’s a lot of money (and potentially a lot of caffeine).

When it comes to sharemarket investing, though, $10,000 isn’t a huge sum. In fact, it’s probably about the minimum you need to start a share portfolio. Even then you’re likely to break some important rules, such as having adequate diversification.

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