This episode is for information purposes only and does not constitute financial advice. It's the second part of our chat with Dan Malone from honest.ie who is demystifying the various online trading platforms available to Irish people. Dan walks through how a beginner (like “Sarah,” a 30-something on an average salary) can start long-term investing, stressing that the first step is maximising pension contributions and having an emergency fund. He recommends choosing a user-friendly, low-fee broker app such as Trading 212, Trade Republic, Degiro or Lightyear etc, and trying them out with small deposits, before committing to a long-term mindset. He explains ETF selection, how some are structured and why buying euro-denominated listings will avoid foreign exchange costs. The conversation also covers realistic amounts of money, euro cost averaging vs lump sums, and Ireland’s deemed disposal rules which are essential to being tax compliant.

Presented by Aideen Finnegan.

Listen back to part one here.

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