sharetrader
Page 1 of 6 12345 ... LastLast
Results 1 to 10 of 92

Thread: sharesies.nz

Hybrid View

  1. #1
    Member
    Join Date
    Mar 2017
    Posts
    32

    Default sharesies.nz

    sharesies.nz
    -$30pa
    -small choice of smartshares
    -daily purchase/sale at market at no fee
    -Easy to deal with and transact
    -Might be of interest to some of you out there

    I have signed up, transferred a small amount, and placed an order

  2. #2
    Member
    Join Date
    Sep 2015
    Posts
    226

    Default

    investnow.co.nz
    -$0pa
    -small choice of smartshares
    -daily purchase/sale at market at no fee
    -Easy to deal with and transact
    -Might be of interest to some of you out there

    I have signed up, transferred a small amount, and placed an order

  3. #3
    Member
    Join Date
    Mar 2017
    Posts
    32

    Default

    that's a better fee.

  4. #4
    Member
    Join Date
    Sep 2015
    Posts
    226

    Default

    Yes, there's not much Sharsies offers that's better than InvestNow.

    As for the lower minimum investment on Sharsies ($5 vs $250), save your money in the bank until you have $250, then move it over into InvestNow saving $30 in the process

  5. #5
    Member
    Join Date
    Mar 2017
    Posts
    112

    Default

    I received some answers to a couple of questions I asked InvestNow that may be of interest. This is an email response from Phil Howison from InvestNow:

    "If InvestNow went into liquidation, you would still retain ownership of any investments you held through us. All our client assets are held by an independent custodian (Adminis Custodial Nominees Ltd) and we have no direct control of these funds. More information on this here: https://investnow.co.nz/faq-items/ho...nds-protected/

    If you buy Smartshares through InvestNow, you could transfer them to your own name if you wanted to then sell them through another broker. But please note that there would likely be additional costs associated with doing this, e.g. brokerage. You can sell Smartshares through InvestNow with no fees or brokerage."

    Looks like a pretty good system. They make their profit by charging the funds management companies to be listed. I'm going to transfer my existing smartshare holdings from Link to Investnow and any further smartshare investments will go through them.
    Last edited by Jonboyz; 20-08-2017 at 02:35 PM.

  6. #6
    Member
    Join Date
    Feb 2015
    Posts
    37

    Default

    With no fees, could this be used as a trading account?

  7. #7
    Member
    Join Date
    Mar 2017
    Posts
    112

    Default

    They do their trades on market –Smartshares orders are pooled daily at 12pm and sent off to the broker.

  8. #8
    Guru
    Join Date
    Feb 2005
    Location
    Auckland, , New Zealand.
    Posts
    3,348

    Default

    Article in the herald about sharesies

    http://www.nzherald.co.nz/personal-f...ectid=11909293

  9. #9
    Member
    Join Date
    Oct 2013
    Posts
    153

    Default

    Looking for a solid international equity fund. Quite like having exposure to Vanguard ETFs but isn’t a necessity and would prefer to stick to PIE. Please help me decide between

    SuperLife 100
    SuperLife Overseas Shares Fund
    Fisher Funds Global Fund
    Smartshares Total World

    Cheers

  10. #10
    Member
    Join Date
    Mar 2017
    Posts
    32

    Default

    Perhaps a combination of
    -s&p 500
    -reits
    -small cap value
    -international
    -emerging

    as per
    https://paulmerriman.com/the-ultimat...strategy-2017/


    as for smartshares vs superlife vs investnow:
    https://thesmartandlazy.com/2017/06/...n-new-zealand/

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •