Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.


View this topic in a long page with up to 500 replies per page Create new topic
1 | 2 | 3 
13318 posts

Uber Geek
+1 received by user: 1586


  Reply # 1851543 23-Aug-2017 22:07
Send private message quote this post

minimoke:

 

sonyxperiageek:

 

The problem with buying/selling shares is the high-ish broker fees that comes with buying/selling shares IMO.

 

 

I pay $29.90 a trade which I think is quite reasonable. Compare that with property and what you pay a real estate agent!

 

 

 

 

Depends on the amount you are investing, as I think $30 is the min rate. But I can imagine it can add up if you are diversifying across a lot of stocks. If you are a trader though, and regularly buying and selling then I can imagine it can quickly add up. But in investing long term, then you only pay it twice, once when buying and then again when selling. I would have thought that with automation and computerization, that would have come down a lot in price.




2178 posts

Uber Geek
+1 received by user: 240

Trusted

  Reply # 1851578 24-Aug-2017 01:36
Send private message quote this post

I guess it's only stayed around the current price so that brokers get a bigger cut.





Sony

 

--

 

NZ TechBlog | A bit about me | Follow me on Twitter | My Geekzone blog

 

Use coupon code: eats-17atx for $10 off your first UberEATS experience!


 
 
 
 


2320 posts

Uber Geek
+1 received by user: 531

Subscriber

  Reply # 1851579 24-Aug-2017 01:56
Send private message quote this post

darylblake:

 

 Cash & Governments Bonds. - These are very safe, provided you can keep them safe.

 

 

 

 

 

 

Just wondering what you mean by ".... provided you can keep them safe"?


435 posts

Ultimate Geek
+1 received by user: 135


  Reply # 1851581 24-Aug-2017 02:11
Send private message quote this post

mattwnz: 

 

...I would have thought that with automation and computerization, that would have come down a lot in price.

 

 

 

 

Pretty sure it has overseas, but yet again, good 'ol Neuw Zeelund lags behind...


3274 posts

Uber Geek
+1 received by user: 946


  Reply # 1851639 24-Aug-2017 07:43
Send private message quote this post

Online forex trading :)

 

Must be good, I keep getting calls trying to sell me fx trading packages.

 

 


60 posts

Master Geek
+1 received by user: 4


  Reply # 1851764 24-Aug-2017 10:24
Send private message quote this post

The top 3 investment options in this country will be pay off your consumer debt, join KiwiSaver and pay extra on your mortgage (if you have one). After that, it is a good idea to dip your toe into low-cost index fund like SuperLife and InvestNow.


985 posts

Ultimate Geek
+1 received by user: 354

Subscriber

  Reply # 1851767 24-Aug-2017 10:30
Send private message quote this post

The NZX has historically outperformed property, and does so without the investment and social issues property speculation has caused.

 

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11640091

 

 

 

 


872 posts

Ultimate Geek
+1 received by user: 265

Trusted

  Reply # 1851800 24-Aug-2017 11:29
Send private message quote this post

eracode:

 

darylblake:

 

 Cash & Governments Bonds. - These are very safe, provided you can keep them safe.

 

 

 

 

 

 

Just wondering what you mean by ".... provided you can keep them safe"?

 

 

It was more of a reference to hard "cash" itself. It doesn't necessarily mean its an investment, as inflation generally de-values cash. I was really meaning that you should probably have a bit of cash available as a part of your portfolio, probably in a bank incase you need it urgently.






985 posts

Ultimate Geek
+1 received by user: 354

Subscriber

  Reply # 1851807 24-Aug-2017 11:34
Send private message quote this post

At least with an on-call account you can get around 1.5% (before tax) and mitigate the inflation.

 

 


695 posts

Ultimate Geek
+1 received by user: 102


  Reply # 1852081 24-Aug-2017 19:37
Send private message quote this post

mattwnz:

 

minimoke:

 

sonyxperiageek:

 

The problem with buying/selling shares is the high-ish broker fees that comes with buying/selling shares IMO.

 

 

I pay $29.90 a trade which I think is quite reasonable. Compare that with property and what you pay a real estate agent!

 

 

 

 

Depends on the amount you are investing, as I think $30 is the min rate. But I can imagine it can add up if you are diversifying across a lot of stocks. If you are a trader though, and regularly buying and selling then I can imagine it can quickly add up. But in investing long term, then you only pay it twice, once when buying and then again when selling. I would have thought that with automation and computerization, that would have come down a lot in price.

 

its the minimum rate for a trade up to $15,000. After that its 0.02%. It may seem to add up but say you had $150,000 to spend across 10 shares that's only $300. Considering also the issue is investing rather than trading so you just amortise the cost of the Buy (as well as the eventual Sell) across the life time of the holding. All up cost therefore $600. Say net dividend yield of 3%. That's net income of $4,500 so you are well clear after a year.

 

 

 

Anywhere you look at investing it is going to cost you - even Kiwisaver sucks some life out of you with their fees. 

 

 

 

If you don't think you can make your expenses back from your investment than you shouldn't be spending on that investment.


Jax

88 posts

Master Geek
+1 received by user: 6


  Reply # 1852095 24-Aug-2017 20:04
One person supports this post
Send private message quote this post

minimoke:

 

mattwnz:

 

minimoke:

 

sonyxperiageek:

 

The problem with buying/selling shares is the high-ish broker fees that comes with buying/selling shares IMO.

 

 

I pay $29.90 a trade which I think is quite reasonable. Compare that with property and what you pay a real estate agent!

 

 

 

 

Depends on the amount you are investing, as I think $30 is the min rate. But I can imagine it can add up if you are diversifying across a lot of stocks. If you are a trader though, and regularly buying and selling then I can imagine it can quickly add up. But in investing long term, then you only pay it twice, once when buying and then again when selling. I would have thought that with automation and computerization, that would have come down a lot in price.

 

its the minimum rate for a trade up to $15,000. After that its 0.02%. It may seem to add up but say you had $150,000 to spend across 10 shares that's only $300. Considering also the issue is investing rather than trading so you just amortise the cost of the Buy (as well as the eventual Sell) across the life time of the holding. All up cost therefore $600. Say net dividend yield of 3%. That's net income of $4,500 so you are well clear after a year.

 

 

 

Anywhere you look at investing it is going to cost you - even Kiwisaver sucks some life out of you with their fees. 

 

 

 

If you don't think you can make your expenses back from your investment than you shouldn't be spending on that investment.

 

 

 

 

If you shop around though, you can definitely save on fees - Kiwisaver and others

 

Here is an example on saving on ETF

 

 

 


1 | 2 | 3 
View this topic in a long page with up to 500 replies per page Create new topic



Twitter »

Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:





News »

UFB killer app: Speed
Posted 17-Nov-2017 17:01


The case for RSS — MacSparky
Posted 13-Nov-2017 14:35


WordPress and Indieweb: Take control of your online presence — 6:30 GridAKL Nov 30
Posted 11-Nov-2017 13:43


Chorus reveals technology upgrade for schools, students
Posted 10-Nov-2017 10:28


Vodafone says Internet of Things (IoT) crucial for digital transformation
Posted 10-Nov-2017 10:06


Police and Facebook launch AMBER Alerts system in NZ
Posted 9-Nov-2017 10:49


Amazon debuts Fire TV Stick Basic Edition in over 100 new countries
Posted 8-Nov-2017 05:34


Vodafone VoIP transition to start this month
Posted 7-Nov-2017 12:33


Spark enhances IoT network capability
Posted 7-Nov-2017 11:33


Vocus NZ sale and broadband competition
Posted 6-Nov-2017 14:36


Hawaiki reaches key milestone in landmark deep-sea fibre project
Posted 4-Nov-2017 13:53


Countdown launches new proximity online shopping app
Posted 4-Nov-2017 13:50


Nokia 3310 to be available through Spark New Zealand
Posted 4-Nov-2017 13:31


Nest launches in New Zealand
Posted 4-Nov-2017 12:31


Active wholesale as Chorus tackles wireless challenge
Posted 3-Nov-2017 10:55



Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.