Glossary

 

EPS

Earnings Per Share, calculated by dividing the NPAT by Number of shares on issue.

Equity

Your ownership interest in any asset. Alternatively, ‘equities’ are a more formal name for the asset class of ‘shares’.

Execution only broker

A broker who just processes the transaction and who is not permitted to provide you with advice on securities transactions. Sometimes known as a ‘discount’ broker.

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1 Why Invest
2 How to Invest
3 What to Buy
4 How to Buy It
5 What Comes Next

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