Written by Renae Williams That means that Spark paid around 8% in dividends in the last year. Fund providers might pay us (also known as a rebate) to have their funds on Sharesies Now let’s take a look at the other side: losing money. When you invest in a fund, your money goes straight to the Fund Manager’s Custodian. For many of you who are worried about making investments and buying shares through Sharesies, it keeps your money safe by using the custodial system. We can’t do anything to your money or investments unless you tell us to (e.g. It's only been going since June, so how did startup Sharesies capture thousands of customers and millions of their hard-earned money? Create an order. For example, while you can use Sharesies to invest in shares, ETFs and managed funds, InvestNow provides access to … Another way of thinking about this is to remind yourself that the number of shares you own doesn’t change until you buy or sell. Both Sharesies and InvestNow let you invest in many fund managers without the minimum investment that many fund manager usually charge if you go direct. Factoring in the account fee, you are paying $18 to make $3.50 when using Sharesies! With Sharesies, you’ve got the ability to build your Portfolio one payday at a time, and invest in funds and companies at a risk level you’re comfortable with. While it can have its ups and downs in the short term, over time, investment markets do tend to grow in value. Use it before it's gone. Hatch gives Kiwis easy access to the United States sharemarket, and with this access comes the opportunity to invest in 754different US domiciled ETFs!!! We don’t provide personalised advice or recommendations. How do I make money from investing in shares? when you use Sharesies to deposit/withdraw money, or buy/sell shares). We don’t provide personalised advice or recommendations. If you had a thousand shares, then you’d get a thousand dollars. Sharesies makes it easy to … This gives you heaps of opportunity to diversify your Portfolio, and choose an investment that’s right for you. Bonus Bonds by far took the most effort. That may not seem like much, but remember that it’s 8% in cash, every year, without you having to sell anything. Diversifying like this gives you some ongoing income to reinvest, or spend, while also giving you access to longer-term capital gains. Can you day trade on Sharesies? All rights reserved. To withdraw money from your Sharesies Wallet. Auto-invest allows you to set up a regular investment into whichever NZ funds you choose, helping to make investing a habit! This means that the value of your shares can change day to day, but your realised capital gain is fixed at the moment you sell your shares. You aren’t guaranteed to make money, and you might lose the money you start with. Both InvestNow and Sharesies are fund platforms. Second, you need to sell those shares. Reminding yourself of this is a good way to help you stick to your strategy and stay cool in the long term if the market’s going up and down. All investments made through Sharesies are purchased and held under Sharesies Nominee Limited, or under the Common Shareholder Number (CSN) of New Zealand Depository Nominee Limited. Anyone can have an investment portfolio. How do the charges compare? Stake. Simply put, Sharesies is not ideal for those starting out with small amounts of money. Sharesies does however provide a very good platform, that is arguably easier to use than its competitors platforms. When they do this, the idea is to increase the capital gain (by making the company more valuable), rather than give the money to you directly. It provides access to a total of more than 2,300 US companies, and allows you to trade on the NZX as well. Sharesies Limited is an accredited participant on the NZX. These are paid in cash (as in, you don’t have to sell anything), and they usually happen a couple of times a year. Sharesies makes it easy to start investing—no jargon, no minimum buy-in, and all online. Diversification can also help reduce risk over time. Transaction fees are simple: 0.5% for orders up to … They’re generally paid based on how many shares you owned or purchased the day before a particular date (that’s the ‘ex-dividend date’). Their mission is to make investing something we talk about and celebrate, not something we don’t think about until we’re old and grey and have missed the best (compound-interest earning) years of our life. It is easy to add money to your Sharesies wallet. Usually when we think about investing, we drop it because all the complicated things we have to go through in order to invest. One of their mission is to make investment fun, easy and affordable. Step 3. Sharesies is a New Zealand financial start-up company supported by Kiwibank Fintech Accelerator. Once you sell, you’re turning that “paper loss” into a real loss. Market data provided by Refinitiv, Drivewealth, and IEX Cloud. With Sharesies, you’ve got the ability to build your Portfolio one payday at a time, and invest in funds and companies at a risk level you’re comfortable with. And so on, and so forth. How does Sharesies make money? A really important point to remember about dividends is that they aren’t mandatory. Generally speaking, the longer you can hold out, the higher the chance is that you’ll make more money when you eventually sell! To get a capital gain, two things need to happen. Get FREE $5 on Sharesies by clicking HERE. That’s where dividends come in. Hatch is another Wellington based service owned by KiwiWealth, and they’ve recently reached over 10,000 investors. It is not able to do anything with the money unless you give the instruction to do so. That’s the great news—you don’t have to choose one or the other (although you can if you want). Sharesies has a stock of a broad option of Gifts at a competitive price. So if you buy shares for $10, and they drop in value to $8, you may feel like you’ve lost $2—but you’ve actually lost nothing, unless you sell. An opportunity for Sharesies investors to ask questions about money, investing, and Sharesies as a business We'll also have a couple special guests from our team join the session! Yes, you can use “market trades” on Sharesies to do day trading where you make trades usually within a few seconds-minutes As long as the market is open. While we can't provide any personalised financial advice or tell you what to invest in, we always advocate a long-game investing approach. This platform aims to keep things easy and simple for the investors so that when they start investing, they already know what they are getting themselves into. Any information we provide is general only and current at the time written. They are an investment platform where users can make investments with small amounts of money. This sounds like a long game—and it is. That’s when Sharesies amped up its media initiatives, assuring investors that wealth is built over the long-term, through its Lunch Money newsletter, podcast, and various social pages. Sharesies members now have access to an additional 3,000+ companies and exchange-traded funds (ETFs) across the New York Stock Exchange (NYSE), Nasdaq, and Chicago Board Options Exchange (CBOE). The most common way you can lose money is if you sell your shares for less than you paid for them. This is a legal requirement and the system is audited every year. If you spent $10 on 10 shares for a dollar each, you still have 10 shares, no matter what happens to the price. Written by Sonya Williams Updated over a week ago Investing the Sharesies way. Sharesies interface is bright, colourful and 'gamified' to make investing not only easy, but fun. They allow you to invest in large range of funds in once place, and manage your investments through their online portals at anytime of the day or night. The other is if the value of your investment drops to $0, and you don’t get a chance to sell it at all (this is pretty rare but does happen!). Dividends: getting income from your shares. Sharesies Promo Code Reddit and Coupons for January - Up to 30% OFF off. Sharesies is not low cost for new investors, as can be seen in my investing series that compares the cost of the biggest index funds in NZ. If you had one share in a fund that gets a dollar per share from the companies it invested in, then you get a dollar. Sharesies earns interest on money sitting in your sharesie account that you havnt invested into anything (Including dividends etc paid back to your investment), and they also receive kick backs from fund managers. Topping up your Sharesies Wallet usually takes about as long as a bank transfer between banks. It depends on your bank as to how long it takes for money to appear in your Sharesies Wallet. Any information we provide is general only and current at the time written. Things may be different next year, as every company will make different amounts of money, and make different decisions about whether to pay dividends and how high those dividends should be. That’s how you change a “paper gain” into a capital gain—or, cash. You really can have it all! Sharesies started in 2016 with a goal of making investing as accessible for people with $50 to spare as it is for those with thousands. Sharesies isn’t a 'get-rich-quick' scheme — we encourage investing an amount you can afford, regularly, over a long period of time. There’s also two ways you can lose money, and they’re pretty similar. But if you want to have it both ways, there’s nothing stopping you from investing some of your money in investments that pay more dividends, and some in investments that tend towards capital gains. But the great thing about investing is that over time, your money will work harder for you. This bank account is where the money will be deposited into. Step 2. © 2020 Sharesies Limited. Sharesies is expensive for beginners It’s no longer a difficult thing to get your favorites by spending less money. Auto-invest allows you to set up a regular investment into whichever NZ funds you choose, helping to make investing a habit! Finally, Sharesies also allows you to invest in a small number of managed funds. How to use Sharesies? Diversification can also help reduce risk over time! When topping up via a bank deposit, It can be a few hours in the weekdays, or a few days over the weekends. First, your shares need to be worth more than you paid for them. So now that you have a good understanding of the two ways to make money with shares, which approach is best? One is … With Sharesies, you can invest in a wide range of companies and exchange-traded funds on the New Zealand Stock Exchange (NZX) and three US exchanges (NYSE, NASDAQ, and CBOE), as well as NZ managed funds. This is a good reason to try and invest for the long term. We’ve had a lot of questions asking exactly how you do this, so we thought we’d get into the details. Let’s assume you make 7% in investment returns in one year. Sharesies comes into play as an investing platform where you yourself can invest as little as 1 cent in NZX-listed companies, NZX-listed exchange-traded funds, or managed funds—and they’re also making US shares available on the platform in the very near future. On the other hand, you need to remember that dividend yield is based on information from the past. Go to the main menu and select Wallet > Withdraw; Enter how much you’d like to withdraw and the bank account number you’d like the money to be deposited into, or choose a bank account number from the options available. $$$ at sharesies.nz is in the control of you. The last thing about capital gains is that they’re a one-off. Let's say that you have $1,000 set aside, and you're ready to enter the world of investing.Or maybe you only have $10 extra a week, and you'd like to get into investing. Sharesies looks after your money and your investments in what is called a custodial system. Sharesies reason for being was and is “to make investing in shares accessible for anyone” and they have specifically gone after people who have never invested before, they have successfully found a whole new market that traditional financial providers either didn’t know how to get, or thought there was no point trying to get, because those people didn’t have enough money to spend. When you exchange money in Sharesies, you’re charged a 0.4% exchange fee —we show this exchange fee upfront rather than hide it in the exchange rate. This system is scrutinised every year, so there are minimal chances of risks. Is going to be about why Sharesies NZ I the best as compared to any other platforms that offer investing money into companies. Choose an investment. On a $50 account – that’s a $3.50 return. Sharesies has made investing easy and accessible for all. We've partnered with Drivewealth to provide access to US markets. It’s important to have a diversified Portfolio so you’re able to weather the highs and lows of the market. If the price of your shares change, but you don’t sell them, you haven’t really made or lost anything. That means sticking to your investing strategy through the good times and the bad. One is that you sell your investment for less than you paid for it. Sharesies vs InvestNow vs Smartshares: Available markets. Add money to your wallet. When you’re investing, even for the long term, you have one main goal: to make money. For example, Spark has a dividend yield of around 8%. If you have any questions, you can email the team at help@sharesies.co.nz . Investing involves risk. The Fund Manager then tells the Custodian what to do with the money, for example, which shares and bonds to buy or sell in order to make up the assets of the fund. There is a cost to this though. Pathfinder Global Water Fund becomes vegan-friendly! There are two ways you can make money from investing: Capital gain: selling your investments for more than you paid for them, Dividends: getting income from your shares. For example, if you want to exchange $1,000 NZD to USD, you’re charged a $4 NZD exchange fee (0.4% of $1,000 = $4). Step 1. While it can have its ups and downs in the short term. If you’d like to set up an auto-invest order, we have a Help Centre article that explains how to do this. You aren’t guaranteed to make money, and you might lose the money you start with. Some of the ETF issuers are (click each o… In Sharesies, you can see how much a company or fund has paid in dividends over the past year by looking at the “how you can make money” bit. Amazon is one of the most valuable companies in the world, and it doesn’t pay dividends! For the first few years, the discipline of regularly investing will outweigh any returns you receive. This is really important because shares go up and down in value all the time. Each of these providers offers access to a different range of financial products. Companies will often choose to reinvest their profits, rather than give them directly to shareholders. But you might want to make some income along the way. The article here. How to make Sharesies show like an app on your Home Screen. There are two ways you can make money from investing: Capital gain: selling your investments for more than you paid for them. For example, if you buy some shares for $5, then sell them later on for $7, you’ve made a capital gain of $2. Sharesies has a limited number of funds by comparison, but does let you trade shares. Here you will find out what Sharesies is, what it offers and why it is the best investing online platform that you will find in New Zealand.. What is Sharesies? Sometimes, when a company makes a profit, it will choose to give some of that profit back to its owners—that’s you. Sharesies charges a subscription fee of $30 a year for portfolios of over $3000 , and a transaction fee of 0.5 per cent … You might need to sell your shares first to get the money into your Sharesies “wallet”. Stake allows you to trade over 3,700 US stocks and ETFs. There’s also two ways you can lose money, and they’re pretty similar. If you buy your shares for $3, then sell them for $5, you’ve made $2—but that’s all you’re going to make because someone else has your shares now. 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