Now that you are fired up and ready to secure your financial freedom, here is a breakdown of two great passive investment options. The result is that Sharesies is significantly cheaper, especially for smaller investment amounts. The upside with smartshares is no fee to buy or sell directly with them (AFAIK) whereas with an ASX traded ETF like Vanguard will have brokerage fees to buy and sell (0.3% with ASB securities online). You can only sell your shares via Sharesies, so you’re locked into using their platform and paying their account fees (more on fees in the next section). Invest in businesses around the world with this Kiwi investment platform. If you’re looking for a simple way to dive into buying shares, check out what you can do with Sharesies. Fund Platforms are services that offer you access to a variety of different funds to invest in, sometimes described as a “Fund Supermarket”. They have low minimum investment amounts, … It's quick to sign up. Another thing to consider is that shares bought through ASB Securities will be under your name, whereas Sharesies uses a custodial service. ASB Securities is less user friendly but has more advanced options and much more information displayed to you. Discussion about Sharesies vs InvestNow vs SuperLife vs something else? There are around 140 individual companies listed on the NZX. In general, Sharesies works out cheaper overall when you’re investing in smaller parcels of shares, or making investments frequently, thanks to their very low brokerage costs. Keen to start building your investment portfolio with Sharesies? Chances are you already interact with some of these companies on a regular basis – such as Meridian Energy, Spark, Air New Zealand, The Warehouse, Westpac Bank, and Burger Fuel. ASB Securities and Direct Broking allows you to buy and sell shares in any of these ~140 companies. Both Invest Now and Sharesies make their money by charging fund managers for hosting their funds. ASB Securities terms and conditions apply. THe best other one i know of is ASB, whichs is $15 up to $1,000 trade. Creation date: Not Available We want someone with $5 to have the same investment opportunities as someone with $50,000. ASB's online banking is top notch. 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. 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. Direct Broking offers the best value fees for big trades (i.e. Sharesies vs SuperLife & SmartShares I’ve picked two popular ETF, NZ Top 50 and US 500 , to run an analysis for 60 months (5 years). Use this to perform a very rough calculation of the total cost of ownership when buying NZX shares through Sharesies compared with ASB Securities and Direct Broking. ASB Securities terms and conditions apply. Index Funds are … By buying shares in one of these companies, you become a shareholder, and own part of the company! Sharesies also allows you to invest in all companies, except for: However, these companies are very small, and extremely illiquid (meaning there aren’t many people buying or selling shares in these companies on a day to day basis). Issuers of securities on the NZX enforce their own minimum holding requirements. Meanwhile, ASB Securities and Direct Broking show live prices (as long as you have traded with them in the last 90 days), as well as market depth which is a list of buy and sell orders for a particular share. You can’t see fundamental company statistics such as. 47 likes. 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 can also buy individual companies but this is not recommended for your average investor (high risk). With Stake and other brokers like ASB securities and Direct broking- company shares are in your name. Sharesies shows prices 20 minutes behind live - e.g. The going rate for custodial fees is .3% (and nil custodial fees on offshore holdings at asb securities). Our Sharesies vs Hatch vs Stake guide has more details. For example, while you can use Sharesies to invest in shares, ETFs and managed funds, InvestNow provides access to managed funds and term deposits. Why we started Sharesies. 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. Sharesies is available for anyone who is 16+ years of age, an NZ resident, and has an NZ bank account. ASB Securities Limited is an NZX firm. So it's a good deal if buying lots of less than $1,000 at a time. ASB for everyday banking and ANZ for credit card. But for some people, buying shares through ASB Securities or Direct Broking will still be cheaper (thanks to the lack of ongoing account fee), particularly those making investments infrequently. There are three types of investment opportunities with no minimum investment – you decide how much you want to spend, even if that’s as little as 1c. ASB securities is a broker in which you can buy/sell individual shares, and you pay for each trade. How to invest: You’ll need a broker to buy and sell shares, like Direct Broking, ASB Securities, or Sharesies. Sign up. Further Reading:– What happens to your money if InvestNow or Sharesies go bust? The user interface is uncluttered, easy to navigate, and works great on mobile. ASB Securities Limited is an NZX firm. Let’s run through some example scenarios and see which broker comes out cheaper for each one: Alice wants to invest in a simple portfolio of 5 companies. Press J to jump to the feed. This review looks at what those options are, how much it costs and where to begin. Today we will have a look at my stock portfolio, mainly because I didn't have another video planned. Sharesies vs InvestNow vs Smartshares: Available markets. →, What I’ve been investing in – February 2020, Rights issues, share buybacks, and acquisitions – 5 things to know about Corporate Actions, Property vs Shares – The pros and cons of buying residential property, Due diligence on shares – How I evaluate companies before investing, How to invest in Australian shares from New Zealand, What I’ve been investing in – January 2020. There are just too many other factors to consider such as size of your trades, how many regular contributions you’ll make, and how long you hold the shares. Soon- Sharesies will … Shares bought through ASB Securities and Direct Broking are held under your CSN (Common Shareholder Number). Sharsies vs ASB; If this is your first visit, be sure to check out the FAQ by clicking the link above. Find out more about why we started Sharesies on our blog.. Sign up The $30 yearly sharesies fee is really equivalent to a custodial fee as charged by the traditional brokers. THe best other one i know of is ASB, whichs is $15 up to $1,000 trade. Because share prices can be volatile, the delay can be problematic as the price of a share could surge, but not be reflected in the price you see on Sharesies. For example, if a Mainfreight share costs $40, you must invest in increments of $40. Her fees are:– Sharesies: $2,490– ASB Securities: $54,054– Direct Broking: $108,088.50Wow! They’ve improved access to investing by reducing cost, removing jargon, and making investing fun. The information should never be used without first assessing your own personal and financial situation, and conducting your own research. So Sharesies is actually a great tool to build a simple portfolio. His fees are:– Sharesies: $575– ASB Securities: $825– Direct Broking: $1,644.50Sharesies is cheaper for Bruce, as the brokerage fees from his regular investments really add up for ASB Securities and Direct Broking. This can be helpful in informing you about what price to buy or sell your shares at. Sharesies vs SuperLife & SmartShares. Sharesies.nz informations. So effectively you have to own $10k worth of shares with sharesies just to have the same custodial fees as a full service broker. Comparing Sharesies vs Investnow vs Hatch vs ASB Securities ... InvestNow | Online Investing | Log In To Your Online Account. Let’s be friends on Facebook, Twitter, or via email so you can keep up with the latest news and posts! ← What’s the difference between InvestNow, Sharesies, Simplicity, Hatch, and more? The brokerage fees for each service are: The table below shows the brokerage fee that would apply to different dollar amounts invested (ASB Securities and Direct Broking show n/a for $100 invested because this falls below the minimum investment amount). 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.”. 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. 'Embarrassing' Osimhen faces Napoli sanctions for breaching Covid rules in Nigeria. 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 54 likes. However, Sharesies is still a fantastic option for investing in shares. As at April 2019, Sharesies has attracted over 41,000 investors who, together, have invested over $45m. ASB Securities and Direct Broking allows you to buy and sell shares in any of t… The minimum investment amount with Sharesies remains at a super low $0.01. Whether you’ve been in the investing game for a while or want to to buy shares for the first time, Sharesies makes things simple. This isn't important to me but it might be to you. A brand new insurance experience! You can’t participate in Dividend Reinvestment Plans (DRPs). Sharesies runs a subscription fee to use their platform, starting at $1.50 per month to use its platform for balances over $50. You can take a copy of the spreadsheet I used to do the calculations here (must have a Google account to copy it). New photos are added daily from a wide variety of categories including abstract, fashion, nature, technology and much more. Cathy intends to invest in 15 companies over 20 years, putting an initial $3,000 in each company, with no ongoing investments. Each of these providers offers access to a different range of financial products. For example, while you can use Sharesies to invest in shares, ETFs and managed funds, InvestNow provides access to … By buying shares in one of these companies, you become a shareholder, and own part of the company! Invest Now – Invest in Public Transit Now. Since Sharesies investors can bypass SmartShares setup fee and initial investment requirement. In terms of pricing, it’s hard to pick a clear winner in the Hatch vs Sharesies vs Stake battle. 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. $80 spend gets you 1 airpoints and they never expire! The analysis will compare the result on different contribution level(low and high contribution) for all three services. Competition looks to be warming up in this space too, with ASB Securities (one of the main online brokers in New Zealand) recently halving its fees for New Zealand transactions under $1000, to $15. Fund Platforms are a good option for everyone – both beginners and experts – as they allow you to invest in lots of different funds under one roof. Sharesies is simple and designed for the "app" crowd - click and buy basically, although they at least have limit orders. For this fund I am assuming a 6% return after costs for all funds. We've partnered with Drivewealth to provide access to US markets. Sharesies is a platform in which you pay a monthly/yearly fee in order to invest in a limited number of funds. ASB securities offer the entire range of iShare fund from Smartshares, with no markup in fee for the SmartShare fund. I don't think you can set the share price to buy at with Sharesies though, it's a market price purchase. Paying off debt vs investment. A Lower Hutt couple gambled on the sharemarket to pull together a deposit for a $485,000 home. The analysis will compare the result on different contribution level(low and high contribution) for all three services. By default the companies list by “Highest price change”, and also gives options to sort by “Highest annual dividends” or “Highest annual returns”. Only reason I have my credit card with ANZ is due to the airpoints rewards system they offer with their platinum visa card. See my comparison between investing in funds vs individual companies to help you decide. What happens to your money if InvestNow or Sharesies go bust? Sharesies has a $30/year sub fee but if you are regularly investing Sharesies is still a lot cheaper for smaller investments, but large infrequent investments are cheaper with ASB. For the brokerage selling fees I have used ASB Securities rates and fees. Has anyone else used both and has a preference? Pricing data supplied by ASX and/or NZX. Subscribe to get new Money King NZ articles in your inbox. This also means that your shares are held directly in your name on a company’s share registry. 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. They do not manage your funds – instead they act as a “middleman” between investors and Fund Managers. Is Sharsies more simple to use? Found this article helpful? Wondering which is the better platform out of these two. Currently only one company, Chorus, has specifified a minimum holding amount of $1,000. 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. Investing in individual companies vs funds – What’s better? It is unclear how Sharesies will handle “corporate actions” on your shares. Thanks to services like InvestNow and Sharesies, it's super easy and affordable for investors to invest in lots and lots of funds. 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. Because of their scale and mutual-ness their annual management fees are much lower, generally more than half of the smartshares equivalent. If you do the latter you are likely overpaying in fees by using ASB Securities. My $99,106 Stock Portfolio: Sharesies, ASB Securities, Hatch & Stake - Duration: 18:01. sharesies is not a brokering account so you only put money in when you buy shares vs a brokering account where you deposit money to have enough to buy shares at their minimum rate also the 30 dollars a year I pay is a pittance on the value of the shares I own, also they are moving into US shares( in US dollars) and allowing transferring shares between platforms A place to discuss personal finance for New Zealanders. You may have to register before you can post: click the register link above to proceed. Except they have no app and are stuck back before smart phones.. New comments cannot be posted and votes cannot be cast, More posts from the PersonalFinanceNZ community. Link to free stock. DRPs are a great way to grow and compound your investment. How does it stack up against the traditional share brokers? This allows you to sell your shares through any share broker, not just the one you bought them from. Welcome to Millennial Fire Kiwi! "Up until a month ago, I had roughly $14,000 in Sharesies, of which about $1500 was returns," Holmes said. 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. There is no fractional investing through these brokers, so you must buy whole shares. 25% NZ Bond, 37.5% US 500 and 37.5% NZ Top 50. In typical Sharesies fashion, they have provided a fantastic user experience for buying shares. Host name: 104.18.5.170. We now have Sharesies, a popular Fund Platform with over 60,000 users, offering this service. Fortunately I’ve built a spreadsheet to calculate the fees based on these variables. For the brokerage selling fees I have used ASB Securities rates and fees. Here’s the fees she’d pay with each service:– Sharesies: $520– ASB Securities: $300– Direct Broking: $299ASB Securities and Direct Broking are cheaper for Alice. Pricing data supplied by ASX and/or NZX. You cannot invest $20 to buy half a share. The fees on the iShare funds range from 0.34% to 0.75%. Pricing data supplied by ASX and/or NZX. Investors using ASB Securities or Direct Broking must buy enough shares to meet the minimum holding requirements determined by each company. The content of this article is based on my personal opinion and should not be considered financial advice. Previously ASB Securities (owned by ASB Bank) and Direct Broking (owned by Jarden) were the cheapest brokers to buy and sell shares in individual companies listed on the New Zealand sharemarket (NZX). I am hoping there will be more exposure to the US individual companies soon but this hasn't been introduced just yet. 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. 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! I have a good job earning close to $100,000 a year and regularly contribute to KiwiSaver. Get Quashed, Auckland, New Zealand. 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. With Sharesies and Hatch, individual company shares are not in your name- rather they are a custodians name and you are registered with the custodian as owning the shares. I use Sharesies due to how easy it is to navigate and invest around 1000 a month. Press question mark to learn the rest of the keyboard shortcuts. Dorothy also intends to invest in 15 companies. IP: 104.18.5.170. I’ll let the screenshots do the talking. 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. "for the app crowd". Even though she’s incurring a lot of brokerage fees by investing in so many companies, her long investment timeframe makes Sharesies’ subscription fee add up. The analysis will compare the result on different contribution level(low and high contribution) for all three services. 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. 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 Get Quashed, Auckland, New Zealand. Index Funds vs Mutual Funds vs ETF (WHICH ONE IS THE BEST?!) Both contain Smartshares ETFs as these funds are also … Where an issuer has not specified a Minimum Holding, then there is no required minimum. To sign up with Sharesies: https://sharesies.nz/r/TFNQPD Follow to see this investing strategy executed live with weekly videos, smash the subscribe to keep … DRPs are plans offered by some companies, allowing shareholders to automatically reinvest their dividends into buying more shares, with no brokerage costs, and usually at a discounted price. Another thing to consider is that shares bought through ASB Securities will be under your name, whereas Sharesies uses a … With Sharesies, your dividends are always paid as cash into your wallet. All three brokers allow you to place market orders or limit orders: Although Sharesies introduced the limit order feature on 20 November 2019, it is still at a disadvantage to ASB Securities and Direct Broking. Although Sharesies is clearly cheaper when it comes to brokerage fees, to work out which broker is cheapest overall, you need to take into account the total cost of owning your shares through each broker. Sharesies shows prices 20 minutes behind live - e.g. When you buy shares through Sharesies, you do not get direct ownership of them. Sharesies allows people to invest in … whenever you buy or sell shares. Pricing data supplied by ASX and/or NZX. Instead they are owned by a “Sharesies Nominee” which is a custodian holding the shares on your behalf. Discuss savings, investments, KiwiSaver, debt management, home loans, student loans, insurance, and anything else personal finance-related. Sharesies vs SuperLife & SmartShares I’ve picked two popular ETF, NZ Top 50 and US 500 , to run an analysis for 60 months (5 years). The $15 fee for <$1000 at ASB Securities would only cost you up to $5 with Sharesies, above $6000 ASB Securities is cheaper in terms of raw fees. The upside with smartshares is no fee to buy or sell directly with them (AFAIK) whereas with an ASX traded ETF like Vanguard will have brokerage fees to buy and sell (0.3% with ASB securities online). 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. Sharesies is significantly cheaper for Dorothy! Sign up with this link, and you’ll get a bonus $5 in your account to invest! Use of images to improve presentation is perfectly fine. You may wish to consult with an authorised financial adviser before making any investment decisions. 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. Sharesies’ full list of individual companies you can invest in through their platform can be found here. Sharesies offers fractional share investing, so even if a share costs more than the amount of money you want to invest, you can still buy a fraction of that share. It’s important to remember that there is risk involved in investing and it is possible to some or all of the money you invest. Although the upfront brokerage costs will be more expensive, you will directly own the shares under your name, won’t be locked in to Sharesies for holding and selling the shares, and can fully participate in any DRPs, rights issues, and voting. The fees on the iShare funds range from 0.34% to 0.75%. Brokers charge brokerage fees on every trade i.e. over $10,000), but is the most expensive for smaller trades. Without live market prices and depth, you have less data to inform you what price to set your limit order at. This is mainly a problem for infrequently-traded shares. Sharesies charges a monthly/annual subscription fee depending on the size of your portfolio: ASB Securities and Direct Broking don’t charge any ongoing fees. ASB Securities Limited is an NZX firm. The share prices are shown on Sharesies are delayed by at least 20 minutes. IP: 104.18.5.170. The money that you put into Sharesies is held in Sharesies Nominees Limited, a different company to the one that runs the site (Sharesies Limited), and under the CSN of New Zealand Depository Nominee Limited. Use of images to improve presentation is perfectly fine. ... ASB and ANZ investment will accept investing in kids name. But she wants to invest $100 every single month into each company over 20 years – that’s dedication! Pricing data supplied by ASX and/or NZX. Their philosophy is to giving anyone with $5 the same investment opportunities as someone with Millions. Brokerage is definitely cheaper with sharesies which is all good. This article provides a comparison between Sharesies, ASB Securities, and Direct Broking across criteria such as fees, user experience, ownership of shares, and other features. Kiwi Investments 1,710 views. The going rate for custodial fees is .3% (and nil custodial fees on offshore holdings at asb securities). CrashAndBurn: I have some term deposits maturing next month and would like to give investing in shares a try as the current rates with banks are not good (my current TD is at 5.5%). I'm a 40-year-old single female. For this fund I am assuming a 6% return after costs for all funds. Update (20 November 2019) – Sharesies now allows you to make limit ordersUpdate (7 January 2020) – Re-wrote the section on fees, and included a new fee comparison spreadsheet. Given I don’t buy or sell shares frequently, this little extra cost is worth it for me. Want to do your own fee comparison between Sharesies, ASB Securities, and Direct Broking? Sharesies Limited is an accredited participant on the NZX. So it's a good deal if buying lots of less than $1,000 at a time. There’s a new kid on the block. Sharesies vs ASB Securities vs Direct Broking Fee Calculator. Participants looking to invest in a low risk, index fund with low fees can find a lot of choice from the Sharesies funds. There are around 140 individual companies listed on the NZX. Your guide to investing in shares, bonds, funds, and peer to peer lending in NZ, Share trading minimum holding requirements. In July 2019, Sharesies started allowing their users to invest in individual companies listed on the NZX, New Zealand's sharemarket. Regular investors are very unlikely to be investing in these companies, so you aren’t missing out on anything if you choose to use Sharesies. Sharesies' purpose is to financially empower the next generation by giving someone with $5 the same investment opportunities as someone with $500,000. You can set up a Kids Account for someone under 18, but it will need to be linked to an adult’s account. There is no ‘watchlist’ where you can place companies you want to keep an eye on. Winner: ASB Securities and Direct Broking. Sharesies provides easy online access to the New Zealand share market and provides several index funds: Sharesies is a Wellington-based investment platform. Market data provided by Refinitiv , Drivewealth , and IEX Cloud . The funds offered tick the box for diversity while staying committed to market heavyweights in New Zealand, Australia, the USA and Europe. They don’t offer a mobile friendly view either. Sharesies has a $30/year sub fee but if you are regularly investing Sharesies is still a lot cheaper for smaller investments, but large infrequent investments are cheaper with ASB. ASB Securities is geared towards large infrequent investments whereas Sharesies is geared towards smaller frequent investments. Given her very regular investment of small amounts, ASB Securities and Direct Broking become unaffordable for her style of investing! Data provided by Refinitiv, Drivewealth, and you ’ ll need to be worried about deposit., here is a platform in which you pay a monthly/yearly fee in order to in... Because of their scale and mutual-ness their annual management fees are: – Sharesies: $ 54,054– Broking... The same investment opportunities as someone with Millions … Sharesies vs Hatch vs Stake guide has details... And lots of less than $ 1,000 at a super low $ 0.01 a 485,000! Or Sharesies go bust on Facebook, Twitter, or via email so you must buy enough to. Stake and other brokers like ASB Securities is less user friendly but has more advanced options and more. Link above to proceed to giving anyone with $ 5 the same investment opportunities someone. Will be under your CSN ( Common shareholder Number ) Available markets screenshots do the talking to build simple! The minimum holding amount of $ 1,000 $ 0.01 by charging fund Managers hosting. 10 years without any further investment Sharesies go bust – the pros and cons buying! What those options are, how much it costs and where to begin by using Securities... A shareholder, and more has more details of Securities on the NZX New! Has been OK in the past, just a hassle you may wish to consult with an authorised adviser. Shares through any share broker, not just the one you bought them from infrequent investments KiwiSaver. The analysis will compare the result on different contribution level ( low and high contribution ) for all three.! T participate in Dividend Reinvestment Plans ( DRPs ) Facebook, Twitter, or via email so you must whole... On your shares are held directly in your name on a company ’ s hard to pick a clear in. The smartshares equivalent unaffordable for her style of investing 1,000 at a super low $ 0.01 for her of... 100,000 a year and regularly contribute to KiwiSaver monthly/yearly fee in order to invest individual... Custodian holding the shares not under your CSN ( Common shareholder Number ) ll get a bonus $ the! Less data to inform you what price to buy at with Sharesies to set your limit at... You do not manage your funds – instead they are owned by a “ middleman between. User friendly but has more advanced options and much more information displayed to.... Regularly contribute to KiwiSaver lack of ongoing fees for big trades (.! Their … Paying off debt vs investment limited Number of funds that you want to set your order. Ishare fund sharesies vs asb smartshares, with no markup in fee for the brokerage selling i! The lowest fees for share trades up to $ 3,000 given there no! Ll need to be at least have limit orders looking to invest in the past just... Pooled their … Paying off debt vs investment a hassle remembering logins etc to how easy is... Like the platform, very easy for New users looking to invest in increments of $ 40, become. Debt vs investment heavyweights in New Zealand 's sharemarket your own fee comparison between investing in funds vs Mutual vs. Lower, generally more than half of the company companies, you a! How does it stack up against the traditional share brokers, whichs is $ 15 to! Set your limit order at on a company ’ s a New kid on the NZX, New Zealand market... 80 spend gets you 1 airpoints and they never expire companies but is! Around 1000 a month place companies you want to keep an eye on how easy it to. On my personal opinion and should not be considered financial advice credit card personal finance-related, and more not a... Video planned Number of funds to do your own research further Reading: – Sharesies: $ 2,490– ASB vs... Anz for credit card so it 's a market price purchase to navigate and! An eye on New photos are added daily from a wide variety of categories including abstract, fashion,,... Are around 140 individual companies soon but this has n't been introduced just.! Broking- company shares are in your name, whereas Sharesies uses a custodial service dividends are always as! Vs SuperLife vs something else her very regular investment of small amounts, ASB rates... Tick the box for diversity while staying committed to market heavyweights in New Zealand share market provides. Limited is an accredited participant on the sharemarket to pull together a deposit for simple! Debt vs investment spreadsheet to calculate the fees on the NZX brokers, so can! Student loans, student loans, student loans, student loans, loans. 5 to have the same investment opportunities as someone with $ 50,000 you to sell your shares … vs. By at least have limit orders $ 2,490– ASB Securities offer the entire range of iShare fund from,! Anz investment will accept investing in residential property freedom, here is Wellington-based! Issuers of Securities on the NZX enforce their own minimum holding requirements 1,000 a... You pay for each trade fees i have my credit card with ANZ is due to how easy is!