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Investing Strategy
Hi there, Total newbie here, I’ve just bought my first share of the iShares S&P 500 and I’m just needing some direction now. 1. Now that I’ve bought these first shares, do I keep buying more of shares from the S&P 500 or do I need to put more money into the shares that I’ve already bought somehow? 2. Should I only be putting money into the one ETF or should I be buying shares of multiple? 3. Does investing change anything in my tax? Any help or direction or advice is greatly appreciated!
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Anerize
Asked on 2 August 2025
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Hi Anerize, congrats on getting started!
1- It sounds like you’ve bought an S&P 500 index fund, which is a solid option for long term investing. Most Pearler investors, myself included, continue to accumulate more and more shares of the same fund. If you did this, you own a bigger and bigger percentage of those 500 companies over time.
2- One ETF such as the one mentioned gives you exposure to the US stock market. But many investors also want exposure to other markets such as Australia or the rest of the world rather than only betting on one market. For that, t here are other index funds you can buy. Check the Shares/invest page for the most popular ETF options and have a look at each to dig in further. There’s a lot of options but some common ones are VAS or A200 for Australia for example.
3- At tax time, you’ll get a statement from the ETF company showing how much income you received and the various breakdowns, which can look a bit complicated, but all you have to do is give this to an accountant. If you do your own tax, it will also be automatically populated on the ATO system by August usually.
Hope that helps!
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