It depends on your bank as to how long it takes for money to appear in your Sharesies Wallet. So now that you have a good understanding of the two ways to make money with shares, which approach is best? Topping up your Sharesies Wallet usually takes about as long as a bank transfer between banks. Second, you need to sell those shares. That’s how you change a “paper gain” into a capital gain—or, cash. Create an order. Diversifying like this gives you some ongoing income to reinvest, or spend, while also giving you access to longer-term capital gains. Dividends: getting income from your shares. 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! 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. It’s important to have a diversified Portfolio so you’re able to weather the highs and lows of the market. Now let’s take a look at the other side: losing money. Market data provided by Refinitiv, Drivewealth, and IEX Cloud. Sharesies makes it easy to … When topping up via a bank deposit, It can be a few hours in the weekdays, or a few days over the weekends. Step 1. For example, while you can use Sharesies to invest in shares, ETFs and managed funds, InvestNow provides access to … 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. That’s the great news—you don’t have to choose one or the other (although you can if you want). This gives you heaps of opportunity to diversify your Portfolio, and choose an investment that’s right for you. Auto-invest allows you to set up a regular investment into whichever NZ funds you choose, helping to make investing a habit! Auto-invest allows you to set up a regular investment into whichever NZ funds you choose, helping to make investing a habit! While it can have its ups and downs in the short term, over time, investment markets do tend to grow in value. Written by Renae Williams Bonus Bonds by far took the most effort. If you’d like to set up an auto-invest order, we have a Help Centre article that explains how to do this. 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. Hatch gives Kiwis easy access to the United States sharemarket, and with this access comes the opportunity to invest in 754different US domiciled ETFs!!! They are an investment platform where users can make investments with small amounts of money. 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). Amazon is one of the most valuable companies in the world, and it doesn’t pay dividends! Written by Sonya Williams Updated over a week ago Is there a Sharesies app? Sharesies vs InvestNow vs Smartshares: Available markets. Once you sell, you’re turning that “paper loss” into a real loss. 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. It provides access to a total of more than 2,300 US companies, and allows you to trade on the NZX as well. For example, if you buy some shares for $5, then sell them later on for $7, you’ve made a capital gain of $2. It’s no longer a difficult thing to get your favorites by spending less money. One is that you sell your investment for less than you paid for it. Hatch is another Wellington based service owned by KiwiWealth, and they’ve recently reached over 10,000 investors. When you’re investing, even for the long term, you have one main goal: to make money. There’s also two ways you can lose money, and they’re pretty similar. 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. Use it before it's gone. How to make Sharesies show like an app on your Home Screen. Stake allows you to trade over 3,700 US stocks and ETFs. That means that Spark paid around 8% in dividends in the last year. First, your shares need to be worth more than you paid for them. If you have any questions, you can email the team at email@example.com . Add money to your wallet. Sharesies does however provide a very good platform, that is arguably easier to use than its competitors platforms. Fund providers might pay us (also known as a rebate) to have their funds on Sharesies This is really important because shares go up and down in value all the time. 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. This system is scrutinised every year, so there are minimal chances of risks. 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. when you use Sharesies to deposit/withdraw money, or buy/sell shares). 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. But you might want to make some income along the way. Usually when we think about investing, we drop it because all the complicated things we have to go through in order to invest. Written by Sonya Williams Updated over a week ago Investing the Sharesies way. 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 charges a subscription fee of $30 a year for portfolios of over $3000 , and a transaction fee of 0.5 per cent … Sharesies interface is bright, colourful and 'gamified' to make investing not only easy, but fun. 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. That means sticking to your investing strategy through the good times and the bad. How do the charges compare? That’s where dividends come in. How do I make money from investing in shares? 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. Choose an investment. 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. Step 2. You aren’t guaranteed to make money, and you might lose the money you start with. This sounds like a long game—and it is. Let’s assume you make 7% in investment returns in one year. 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. 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. Stake. You might need to sell your shares first to get the money into your Sharesies “wallet”. 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! One of their mission is to make investment fun, easy and affordable. Transaction fees are simple: 0.5% for orders up to … Can you day trade on Sharesies? 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? This is a good reason to try and invest for the long term. If you had a thousand shares, then you’d get a thousand dollars. The most common way you can lose money is if you sell your shares for less than you paid for them. Is going to be about why Sharesies NZ I the best as compared to any other platforms that offer investing money into companies. 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. To get a capital gain, two things need to happen. Finally, Sharesies also allows you to invest in a small number of managed funds. 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. 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. Sharesies has a limited number of funds by comparison, but does let you trade shares. Anyone can have an investment portfolio. To withdraw money from your Sharesies Wallet. 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. Sharesies has made investing easy and accessible for all. Diversification can also help reduce risk over time! How does Sharesies make money? The last thing about capital gains is that they’re a one-off. All rights reserved. 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. 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. On a $50 account – that’s a $3.50 return. It is easy to add money to your Sharesies wallet. Sharesies Limited is an accredited participant on the NZX. 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. There are two ways you can make money from investing: Capital gain: selling your investments for more than you paid for them. We don’t provide personalised advice or recommendations. 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. 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. It's only been going since June, so how did startup Sharesies capture thousands of customers and millions of their hard-earned money? Investing involves risk. Some of the ETF issuers are (click each o… Pathfinder Global Water Fund becomes vegan-friendly! 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. We don’t provide personalised advice or recommendations. 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. Both InvestNow and Sharesies are fund platforms. 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’). Sometimes, when a company makes a profit, it will choose to give some of that profit back to its owners—that’s you. For the first few years, the discipline of regularly investing will outweigh any returns you receive. These are paid in cash (as in, you don’t have to sell anything), and they usually happen a couple of times a year. Get FREE $5 on Sharesies by clicking HERE. Each of these providers offers access to a different range of financial products. Any information we provide is general only and current at the time written. Step 3. 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!). Factoring in the account fee, you are paying $18 to make $3.50 when using Sharesies! While we can't provide any personalised financial advice or tell you what to invest in, we always advocate a long-game investing approach. You really can have it all! 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. $$$ at sharesies.nz is in the control of you. For example, Spark has a dividend yield of around 8%. 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). There is a cost to this though. On the other hand, you need to remember that dividend yield is based on information from the past. Diversification can also help reduce risk over time. 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. It is not able to do anything with the money unless you give the instruction to do so. 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. Companies will often choose to reinvest their profits, rather than give them directly to shareholders. 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. And so on, and so forth. We’ve had a lot of questions asking exactly how you do this, so we thought we’d get into the details. One is … Sharesies is expensive for beginners You aren’t guaranteed to make money, and you might lose the money you start with. 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. Sharesies isn’t a 'get-rich-quick' scheme — we encourage investing an amount you can afford, regularly, over a long period of time. Sharesies is a New Zealand financial start-up company supported by Kiwibank Fintech Accelerator. We subtract this fee from the original amount, and then exchange the rest. But the great thing about investing is that over time, your money will work harder for you. Simply put, Sharesies is not ideal for those starting out with small amounts of money. Investing involves risk. © 2020 Sharesies Limited. That may not seem like much, but remember that it’s 8% in cash, every year, without you having to sell anything. There’s also two ways you can lose money, and they’re pretty similar. This bank account is where the money will be deposited into. 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. 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. We can’t do anything to your money or investments unless you tell us to (e.g. How to use Sharesies? Sharesies looks after your money and your investments in what is called a custodial system. While it can have its ups and downs in the short term. When you invest in a fund, your money goes straight to the Fund Manager’s Custodian. Any information we provide is general only and current at the time written. 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