How to invest in shares
Beginners can invest through super
Even if you don’t know your ASX from your S&P, it’s likely you’re already a long-term stock market investor – through your super, since most super investment options have at least some money in shares.
How to invest in the stock market?
Many Industry SuperFunds have investment options that let you decide to invest in the Australian stock market and the US and global stock markets. Some even let you invest in particular share market sectors such as environmentally sustainable industries or indexed funds.
So all you need to do is look at your current superannuation asset allocations and decide how much you want to transfer to shares, and then adjust via your online account or by contacting your Industry SuperFund.
However, remember that all investment decisions carry their own level of investment and market risk.
What if I already know about share investing?
If you want to have more control over your investments via your super, some Industry SuperFunds enable you to make direct investments in ASX-listed companies, Exchange Traded Funds (ETFs) and even term deposits.
What about Capital Gains Tax?
When you make a profit from selling shares on the stock market, you will most likely be required to pay Capital Gains tax (CGT).
Unlike a personal share portfolio where CGT is calculated at your marginal tax rate – usually between 19% and 45% – profits made on shares invested through your super in the accumulation phase only attract 15% CGT.
Find out about investing in Australian shares and make the most of the tax advantages.
Thinking of investing in global or US stocks?.