A brand new insurance experience! Welcome to Millennial Fire Kiwi! The only thing to watch out for when brokerage is so cheap, is that it could facilitate “taking a punt” or “dabbling” in various companies, while high brokerage fees encourages investors to thoroughly evaluate a company before investing. Sharesies.nz informations. There is no guarantee you’ll get the full benefits of being a shareholder like being able to vote on important company issues, or participating in, Brokerage fees to sell your shares, at the end of your investment term. When you trade on the NZX markets through ASB Securities you must comply with NZX rules as outlined in the ASB Securities Trading Conduct for Online Share trading.ASB Securities terms and conditions apply. ASB Securities Limited is an NZX firm. Creation date: Not Available With a wide range of NZ shares and overseas funds, Sharesies is a great platform for DIY index fund investing and DIY share trading. A Lower Hutt couple gambled on the sharemarket to pull together a deposit for a $485,000 home. Currently only one company, Chorus, has specifified a minimum holding amount of $1,000. In terms of pricing, it’s hard to pick a clear winner in the Hatch vs Sharesies vs Stake battle. "for the app crowd". Why we started Sharesies. For example, if a Mainfreight share costs $40, you must invest in increments of $40. Link to free stock. You can take a copy of the spreadsheet I used to do the calculations here (must have a Google account to copy it). if the time is 4.30pm, the prices you are seeing reflect the price the shares were at 4.10pm So, if you look at 5.15pm, the prices can still change up to 5.20pm which is the close of the NZX and all remaining orders are matched This is very concerning – given Sharesies’ targets beginner investors, this feature could encourage investing based simply on the biggest dividends and biggest returns. ... ASB and ANZ investment will accept investing in kids name. Discussion about Sharesies vs InvestNow vs SuperLife vs something else? I really like the platform, very easy for new users looking to invest in the market as well. In reality, because of the different cap weightings, I would expect the Sharesies, Superlife, and Smartshare funds to perform slightly differently to the Simplicity and AMP funds. ASB Securities Limited is an NZX firm. RECOMMENDED REPORT STRUCTURE Cover Page Come up with a captivating (but informative) title for your report, and clearly list your name and student ID number. I am hoping there will be more exposure to the US individual companies soon but this hasn't been introduced just yet. You can’t see fundamental company statistics such as. ASB's online banking is top notch. I will use US 500 ETF, NZ Top 50 ETF and NZ Bond ETF to build a portfolio. As at April 2019, Sharesies has attracted over 41,000 investors who, together, have invested over $45m. Cathy intends to invest in 15 companies over 20 years, putting an initial $3,000 in each company, with no ongoing investments. It’s a VERY rough calculation, but should give you a ballpark idea of the level of fees you can expect with each broker, under different scenarios. Brokerage is definitely cheaper with sharesies which is all good. However, if you do have a small portfolio, you may want to consider sticking to investing in funds rather than individual companies, due to their convenience and instant diversification benefits. Let’s be friends on Facebook, Twitter, or via email so you can keep up with the latest news and posts! They're slower to process than ASB and the share price shown in the app isn't always up to date so if you are trying to time the market then ASB Securities will be better. Pricing data supplied by ASX and/or NZX. Her fees are:– Sharesies: $2,490– ASB Securities: $54,054– Direct Broking: $108,088.50Wow! comparison between investing in funds vs individual companies, What I learnt – NZ Shareholders’ Association ‘Money 101’ Seminar, 5 things to know about investing in Peer to Peer Lending, What I learnt – Craigs Investment Partners Investing Workshop. Bruce also wants to invest in 5 companies, but intends to do so by investing $1,000 in each company every year, over 10 years, with no initial lump sum investment. I have a good job earning close to $100,000 a year and regularly contribute to KiwiSaver. I don't think you can set the share price to buy at with Sharesies though, it's a market price purchase. The analysis will compare the result on different contribution level(low and high contribution) for all three services. The total cost of ownership includes: However, it is still really hard to say which broker is cheaper for you once you take all of the above into account. Aden Holmes, 24, and Thomas Coppell, 27, pooled their … Fortunately I’ve built a spreadsheet to calculate the fees based on these variables. Where an issuer has not specified a Minimum Holding, then there is no required minimum. DRPs are a great way to grow and compound your investment. So it's a good deal if buying lots of less than $1,000 at a time. We want someone with $5 to have the same investment opportunities as someone with $50,000. We've partnered with Drivewealth to provide access to US markets. There are around 140 individual companies listed on the NZX. This has a number of implications: “You acknowledge that we don’t have to forward to you, or take any action on, reports, notices, proxy forms, or other communications we receive about Investments in your Portfolio.”. whenever you buy or sell shares. ASB for everyday banking and ANZ for credit card. Pricing data supplied by ASX and/or NZX. The analysis will compare the result on different contribution level(low and high contribution) for all three services. There is still room for improvement though, and I would say the following are the current weak points of the interface: These interfaces are dated, cluttered, and unfriendly compared to Sharesies. You may wish to consult with an authorised financial adviser before making any investment decisions. It is unclear how Sharesies will handle “corporate actions” on your shares. Investing in residential property is a Kiwi favourite - climb the property ladder and own bigger, better, and more properties. Kiwi Investments 1,710 views. I’ll let the screenshots do the talking. The going rate for custodial fees is .3% (and nil custodial fees on offshore holdings at asb securities). https://www.sharesies.nz/#/ We’ve added a whole heap of new companies and funds to Sharesies, giving you even more choice and control to grow your go! 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