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

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

Author: Rask August 21, 2026 Duration: 54:27
If you had $500 to invest in Australia every month, where would you actually put it? Join Rask's new platform 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” – Speak with the Rask Advice team – Ask a question (select the Finance podcast) Show partner resources – View VanEck's range of funds – Join Pearler using the code "RASKSWITCH" and get $32 of Pearler Credit – Get 50% off your first two months using PocketSmith – Whatever comes next for your business, power it with Stripe Rask resources – All services – Financial Planning – Invest with us – Access Show Notes – Ask a question – We love feedback! Follow us on social media – Instagram: @rask.invest – TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Navigating the financial landscape can feel overwhelming, but Australian Finance Podcast cuts through the noise with grounded, practical advice tailored for life in Australia. Hosted by Owen Rask, the Chief Investment Officer, and Gemma Mitchell, a Senior Financial Adviser, conversations on this podcast feel less like a lecture and more like a direct chat with experts who genuinely want you to succeed. Each episode is built around actionable strategies-whether it's about restructuring debt, understanding investment vehicles, or tax efficiency-that you can apply immediately, not just abstract theories. The focus is on building the confidence to make informed decisions with your money, aiming for a future where your finances support the life you want to live, rather than dictating it. For those just beginning their journey, the hosts suggest diving into their foundational "Starter Pack" series to build a solid base of knowledge. This isn't about get-rich-quick schemes; it's a steady, educational companion for developing lasting financial health. Tune in for a straightforward blend of market insights, personal finance management, and long-term wealth-building principles, all delivered with a clear Australian context. The Australian Finance Podcast from Rask is that reliable resource for turning financial complexity into manageable, actionable steps.
Author: Language: English Episodes: 50

Australian Finance Podcast
Podcast Episodes
How to build money goals that actually stick, with Hayden Smith [not-audio_url] [/not-audio_url]

Duration: 33:30
In this Australian Finance Podcast episode, Owen Rask sits down with Hayden Smith from Pearler to unpack why so many money goals fall over before they ever become real habits. Rather than setting huge targets that feel i…
How to buy your first property in Australia, with Glen James [not-audio_url] [/not-audio_url]

Duration: 53:36
In this Australian Finance Podcast episode, Owen Rask sits down with Glen James to talk about buying your first property in Australia when the market feels tougher than ever. Glen explains why so many buyers feel stuck,…
VanEck’s GOAT ETF: how AI is changing ETF investing, with James Gil [not-audio_url] [/not-audio_url]

Duration: 36:40
In this Australian Finance Podcast episode, Owen Rask sits down with James Gil, Head of Product at VanEck, to unpack the relaunch of GOAT and why it matters for ETF investors. Rather than simply buying “AI stocks”, GOAT…
Six things we've learnt about money with Pearler's Hayden Smith [not-audio_url] [/not-audio_url]

Duration: 45:16
In this episode of Australian Finance Podcast, Owen Rask sits down with Hayden Smith from Pearler to compare the money lessons they wish they had understood much earlier. What starts as a conversation about investing qui…
Div 293, first-home rules and the SMSF property crackdown [not-audio_url] [/not-audio_url]

Duration: 50:23
In this episode of Australian Finance Podcast, Owen Rask and Gemma Mitchell unpack a grab bag of money questions that hit a lot of Australians at exactly the wrong time: when tax, super and property rules all seem to be…
Should you DIY your super? Hayden Smith answers the big questions [not-audio_url] [/not-audio_url]

Duration: 47:42
Australian Finance Podcast host Owen Rask sits down with Hayden Smith from Pearler to answer one of the biggest questions investors ask once they get serious about money: should you take more control of your super, or le…
An AI masterclass with Hayden Smith from Pearler [not-audio_url] [/not-audio_url]

Duration: 52:29
In this Australian Investors Podcast episode, Owen Rask sits down with Hayden Smith, CTO at Pearler, for a practical masterclass on what AI actually is, why it matters for investors, and where the real money may be made…
Tax myths busted: What you can really claim with the ATO [not-audio_url] [/not-audio_url]

Duration: 39:29
In this Australian Finance Podcast episode, your host Gemma Mitchell is joined by Anita Challen, Assistant Commissioner at the Australian Taxation Office (ATO), to bust some of the biggest tax myths Australians still bel…