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  1. #21
    Advanced Member BIRMANBOY's Avatar
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    I started by investing $1000 at a time...so chose something to invest in and then while I was getting ready/saving up for next choice did more research and kept doing that until I had 10. (or whatever you feel comfortable with) By this time I had been watching and evaluating previous buys and saw some that had been better than others so started adding to those positions. Its like a good garden..has to be maintained and tended to if you want it to flourish. Smartshares are good but you wont learn as much if you hand control over to someone else.
    Quote Originally Posted by justakiwi View Post
    Yes figuring out how to create diversity is a bit of a "head scratching" activity right now. Given the small amount I have to invest (which will grow but still be small compared to most) - I really have no idea what the best option is from here on. Am I better to focus on building my Kingfish holding to (say) 5000 shares, before I look at alternatives? Or should I be looking at company no:2 for my next saved $1000-2000? As per my previous posts I like the concept of ETF but there are so many to choose from - hypothetically, if I were to go with Smartshares, how do I decide which fund to go with? (SmartLarge, SmartSmall, SmartDividend etc; and then NZ, AUS, US etc). Right now I'm leaning towards SmartDividend (assuming dividends can be reinvested) as that seems like a good way to grow my small holding.

    Lots to think about and lots more learning needed. Thanks for the help - really appreciate it.
    www.dividendyield.co.nz
    Conservative Investing and dividend producers...get rich slowly!
    https://www.facebook.com/dividendyieldnz

  2. #22
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    A useful site to check out prospective share investments
    http://www.4-traders.com/
    eg http://www.4-traders.com/INFRATIL-LT...631/consensus/
    Infratil 19 % pa on average including appreciation & dividend.Diversified with airports,Retirement homes,Electricity Generation,Data Storage,Accommodation Units
    https://infratil.com/

    Milford Active Growth Fund 13% over 5 yrs.Diversified.Advantage it is all PIE so you won't have to declare any income from them.Tax is already paid and you can pay in a weekly/monthly amount
    https://milfordasset.com/performance/fund-performance/
    https://milfordasset.com/performance/fund-updates/


    ETF 's returns appear low
    http://www.morningstar.com.au/ETFs/PerformanceTab
    Last edited by kiora; 13-08-2016 at 09:24 PM.

  3. #23
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    You seemed to have a fair understanding of ETF right now so ask yourself, what companies made up those funds? And if you're to buy a bit of the companies on those ETF, what will it be? Will a Food company interest you? What about a company that manages real estate properties? Will you be happy having a bit on a financial instution? Would you put your money on Telecommunications Services or Utility generating company? What about one serving the Health sector? Etc.etc. Once you've answered what interest you then DYOR on companies making up a sector and decide. A portfolio of just 2 companies from different sectors would be a good start after you've done appreciating ETF.

  4. #24
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    Quote Originally Posted by BIRMANBOY View Post
    I started by investing $1000 at a time...so chose something to invest in and then while I was getting ready/saving up for next choice did more research and kept doing that until I had 10. (or whatever you feel comfortable with) By this time I had been watching and evaluating previous buys and saw some that had been better than others so started adding to those positions. Its like a good garden..has to be maintained and tended to if you want it to flourish. Smartshares are good but you wont learn as much if you hand control over to someone else.
    Agree. Also Birmanboy's dividend yield site is very useful.

    I would add though that tax may be payable on dividends, but not on capital gain. Suggest add dividends. imputation credits, PIEs, and tax to your reading list. Though not a pressing issue right now as the amounts are small.

  5. #25
    Guru justakiwi's Avatar
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    Quote Originally Posted by artemis View Post
    Agree. Also Birmanboy's dividend yield site is very useful.
    It really is - thanks for the heads up

  6. #26
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    If you're thinking about the Smartshares ETF's you may want to check out Superlife's funds (also owned by the NZX)

    https://www.superlife.co.nz/investme...stment-options

    I've been using them for Kiwisaver and recently their super investment vehicle to get passive exposure to international shares and have found them to be pretty good. (the super funds are not tied up till till retirement like Kiwisaver).

  7. #27
    Guru justakiwi's Avatar
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    Quote Originally Posted by huxley View Post
    If you're thinking about the Smartshares ETF's you may want to check out Superlife's funds (also owned by the NZX)

    https://www.superlife.co.nz/investme...stment-options

    I've been using them for Kiwisaver and recently their super investment vehicle to get passive exposure to international shares and have found them to be pretty good. (the super funds are not tied up till till retirement like Kiwisaver).
    Thanks! I just had a look and discovered they are running a Seminar here in Timaru in September on "Building Financial Confidence in your Retirement." I've registered as I think it could be really helpful (hopefully I won't be too out of place as a total newbie/very very very small investor )

  8. #28
    Guru justakiwi's Avatar
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    I've just been reading this thread from the ASX forum:

    http://www.sharetrader.co.nz/showthr...pside!!/page14

    Not rushing into anything but wondering if this might be a good option for me (say 500 shares) as something to add to my mini portfolio that would appear to have real potential for growth (plus a DIRP).

    I am trading through ASB Securities, which automatically sets you up with a CHESS account (sponsored by Commonwealth Securities). From what I can tell this makes it easy to trade on the ASX but I haven't yet got my head around how this works in terms of exchange rates, tax, fees etc.

  9. #29
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    Quote Originally Posted by justakiwi View Post
    Thank you! Will check these out too

    There seem to be a number of different versions (slightly different titles) of "How to make money in stocks" - any one in particular?

    Actually there are multiple versions of both books - can you tell me which version of both you would recommend please? Thanks!
    http://www.bookdepository.com/Market...?ref=grid-view

    http://www.bookdepository.com/How-Ma...?ref=grid-view

    http://www.bookdepository.com/One-Up...?ref=bd_recs_1

  10. #30
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    Quote Originally Posted by justakiwi View Post
    I've just been reading this thread from the ASX forum:

    http://www.sharetrader.co.nz/showthr...pside!!/page14

    Not rushing into anything but wondering if this might be a good option for me (say 500 shares) as something to add to my mini portfolio that would appear to have real potential for growth (plus a DIRP).

    I am trading through ASB Securities, which automatically sets you up with a CHESS account (sponsored by Commonwealth Securities). From what I can tell this makes it easy to trade on the ASX but I haven't yet got my head around how this works in terms of exchange rates, tax, fees etc.
    If you can , set up a foreign currency account with ASB $ AUD attached to your share account . This way if you purchase Australian shares now they will probably take the Kiwi dollars out of your account . However when you come to sell you will then be able to have the AUD go direct to the account . So basically you will save yourself paying away the FX spread each time you transact ( once you have the funds in Aussie $$) Not sure if ASB do it , but out of my ANZ securities Aud ac , I pay for Cash issues , SPP etc , and I send them dividend cheques and they bank them into the account . No fees on these accounts
    The brokerage for the Aud trade will be much same as you pay for NZ , so min of something like $ 30.00 for first 10 K.
    Tax is something you will need to get advice from the right channels on . However if you are investing a small amount of money for retirement from what I have read on here it will not be an issue .

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