Doug Morris - Sharesight

· Podcast Episodes
Sharesight Portfolio Tracking

I had a great time chatting with Doug from Sharesight. He's a nice guy and I love using Sharesight myself. It may sound boring but record-keeping is important in share investing and it also gives you insights that can make you a more profitable investor. We cover a range of topics including:

  • The history of 
  • Sharesight and how it works
  • His previous career at 
  • Morningstar and an insight into analysis
  • Benchmarking your portfolio against a broader market index
  • The tax treatment of 

ETFS and those gnarly statements

  • Reducing costs
  • Annualised performance and how this can help your investing

We also discussed a strategy for learning about stocks by buying and studying everything you can about one particular company.

  • Find a company that you know well
  • A well established company that has been around for a long time
  • Have a look at analyst reports of the company and see if they are pointing to a higher price in the future
  • Purchase the minimum amount and never any amount that you can't afford to lose
  • Once you own it read and research everything you can as a way of learning how companies are valued
  • Be prepared for the stock to drop after you purchase it. It will prepare you for losses and handling the psychology of investing
  • Keep learning


Sharesight Award Winning Portfolio Tracker

Portfolio tracker Sharesight tracks your trades, shows your true performance, and saves you time and money at tax time. Get 4 months free at this link 

Disclosure: The links provided are affiliate links. I will be paid a commission if you use this link to make a purchase. You will also usually receive a discount by using these links/coupon codes. I only recommend products and services that I use and trustmyself. 

Stocks for Beginners is for information and educational purposes only. It isn’t financial advice, and you shouldn’t buy or sell any investments based on what you’ve heard here. Any opinion or commentary is the view of the speaker only not Stocks for Beginners. This podcast doesn’t replace professional advice regarding your personal financial needs, circumstances or current situation.