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 
13110 posts

Uber Geek
+1 received by user: 1535


  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.




2109 posts

Uber Geek
+1 received by user: 232

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.





 
 
 
 


2246 posts

Uber Geek
+1 received by user: 491

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...


3219 posts

Uber Geek
+1 received by user: 907


  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.

 

 


59 posts

Master Geek
+1 received by user: 3


  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.


757 posts

Ultimate Geek
+1 received by user: 263

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

 

 

 

 


855 posts

Ultimate Geek
+1 received by user: 255

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.






757 posts

Ultimate Geek
+1 received by user: 263

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.

 

 


657 posts

Ultimate Geek
+1 received by user: 92


  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

85 posts

Master Geek
+1 received by user: 5


  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 »

Symantec protects data everywhere with Information Centric Security
Posted 21-Sep-2017 15:33


FUJIFILM introduces X-E3 mirrorless camera with wireless connectivity
Posted 18-Sep-2017 13:53


Vodafone announces new plans with bigger data bundles
Posted 15-Sep-2017 10:51


Skinny launches phone with support for te reo Maori
Posted 14-Sep-2017 08:39


If Vodafone dropping mail worries you, you’re doing online wrong
Posted 11-Sep-2017 13:54


Vodafone New Zealand deploy live 400 gigabit system
Posted 11-Sep-2017 11:07


OPPO camera phones now available at PB Tech
Posted 11-Sep-2017 09:56


Norton Wi-Fi Privacy — Easy, flawed VPN
Posted 11-Sep-2017 09:48


Lenovo reveals new ThinkPad A Series
Posted 8-Sep-2017 14:37


Huawei passes Apple for the first time to capture the second spot globally
Posted 8-Sep-2017 10:45


Vodafone initiative enhances te reo Maori pronunciation on Google Maps
Posted 8-Sep-2017 10:40


Voyager Internet expand local internet phone services company with Conversant acquisition
Posted 6-Sep-2017 18:27


NOW Expands in to Tauranga
Posted 5-Sep-2017 18:16


Windows 10 Fall Creators Update coming Oct. 17
Posted 4-Sep-2017 14:10


Garmin introduce Garmin vivoactive 3
Posted 1-Sep-2017 18:38



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.